6 Nov 2013 19:25

Uzbekistan predicts 8.1% economic growth in 2014

TASHKENT. Nov 6 (Interfax) - The Uzbek budget draft for 2014 forecasts 8.1% GDP growth, the lower house of parliament reported.

The draft budget for 2014 was discussed Wednesday at a meeting of the parliamentary committee for budget and economic reforms.

Industrial production growth is forecast at 8.3%, agricultural output is projected to go up 6% and capital investment - 9.5%.

The government plans to ensure GDP growth of 8% in 2013. Industrial production is projected to go up 8.4% and agricultural output should climb 6%. Capital investment is forecast to grow 9.3% and inflation should stay at 7%-9%.

GDP grew 8.2% in 2012. Industrial production was up 7.7% and agricultural production - 7%. Inflation was 7%.