President of Uzbekistan Islam Karimov delivered a speech at the Cabinet of Ministers meeting on Jan. 17 on socio-economic development in 2013 and the main priorities for 2014.
In the speech, Karimov noted the eight percent growth in the country's GDP in 2013. The industrial output grew 8.8 percent, agricultural output grew 6.8 percent and the trade surplus amounted to $1.3 billion.
The country also saw the share of industry in GDP exceed 24 percent, with mechanical engineering and metal processing growing by 121 percent. The building materials industry grew 113 percent.
There were 26,000 new businesses launched in 2013 and an increase in exports of 10.9 percent. Additionally, the establishment of the Fund for the Support of export activities of business and entrepreneurs and its regional branches led to the signing of 153 contracts worth $56 million.
A second part of the meeting was dedicated to presentations on further growth and included such topics as the development of new product types, the coordination of activities in regulation of market competition and the creation of balanced working conditions.
- Baltic International Bank launches investment packages
- Bank St. Petersburg hosts event for 10-year anniversary of its IPO
- European Investment Bank, ABN Amro sign agreement to support green shipping options
- AccessBank names new chairman of management board
- European Union environmental leaders aim to cut food waste in half by 2030
- ARMBUSINESSBANK hosts high-school students for lessons about banking
- Decreased inflation will lead to economic recovery, EDB report says
- Rosbank named global outperformer, market outperformer in finance magazine
- National Bank of Ukraine cuts key policy rate in effort to boost the economy
- Photo exhibition of flowers on display at UKRSIBBANK BNP bank