Content type

Government-Led Investments To Drive Uzbek Growth In 2024

Country Risk / Uzbekistan / Thu 15 Feb, 2024

Key View

  • We forecast a slight deceleration in Uzbekistan’s growth from 6.0% in 2023 to 5.6% in 2024. 
  • The main drivers of growth in 2024 will be increased industrial production and capital investment, supported by international financial institutions.
  • Despite a strong performance in foreign trade, net exports will not contribute to
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Uzbekistan Growth Recovery To Gain Momentum In H221

Country Risk / Uzbekistan / Tue 04 May, 2021

Key View

  • We at Fitch Solutions hold our forecast for GDP growth of 5.1% in 2021, up from an estimated 1.6% in 2020.
  • An accommodative fiscal policy stance, stronger demand from trade partners and a rebound in commodity prices will drive the economic recovery.
  • Pandemic-related headwinds remain in play over the coming quarters, with risks
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Uzbekistan Power Sector Growth Driven By Gas Projects

Infrastructure / Uzbekistan / Fri 26 Jun, 2020

Key View

  • Gas-fired projects will be the main source of opportunities in Uzbekistan’s power construction sector.
  • A concept note released by the government of Uzbekistan also suggests that non-hydro renewable energy will play an increasingly important role in the country’s energy mix over the next decade.

We expect gas-fired

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