World Bank stands by Uzbek 2014 GDP growth forecast

The World Bank  has kept its Uzbek 2014 GDP growth forecast at 7%  and 6.7% in 2014 and 2015 respectively, according to its new Global Economic Prospects report. Although gas exports will continue to underpin the country’s economic growth, the low prices of cotton and gold, and the poor economic situation in its main export markets such as Russia, Turkey, Ukraine and China will hold the growth rate below 8%. AKIPress