Uzbekistan

Uzbekistan is bucking a regional negative economic growth trend.


While most countries in Moscow’s economic orbit are nervously eyeing tough times ahead, Uzbekistan is adopting a bullish line on its economic prospects.

International financial organizations are predicting problems for Central Asian economies in the coming year. Central Asian states “will be affected by Russia’s deepening recession through multiple channels, especially trade, remittances, foreign direct investment (FDI), and risk premiums,” a report recently issued by the International Monetary Fund stated.