Uzbekistan: impact of the world financial crisis

Date: January 22, 2009
Pages: 23
US$ 20.00
Publisher: AFS Research
Report type: Brief Review
Delivery: E-mail Delivery (PDF)

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Uzbekistan: impact of the world financial crisis

Analytical report providing:
  • The review of Uzbekistan economy; its strong and weak features;
  • The main economy indicators, such as exchange rates, interest rates, budget and foreign trade parameters;
  • The overview of international companies in Uzbekistan;
  • Foreign investments into Uzbekistan overview;
  • The last tax/customs changes;
  • Free Industrial-Economic Zone “Navoi” description;
  • The comparative analysis of crisis impact on Uzbekistan and its main trade partners and neighbors;
  • The anti-crisis measures of Uzbek government.

The questions this report answers

This report is designated for those interested in assessing both the investment climate in Uzbekistan and the world economic crisis impact on its economy. It equips investor with the wealth of information on the current condition of Uzbek economy, its sectors, crisis impact on them, taxation, latest governmental decisions. Comparison with other countries of region helps the report reader to get the better picture of economic situation in the region.

Data sources and methodology

Data of State Committee on Statistics of Uzbekistan, international financial organizations, Internet sources, mass media, and AFS-Research data, analysis results and estimations were used to prepare this report.
  Table 1. Economic indicators
Uzbekistan is a resource-rich but poor country
Main growth drivers
Real Economy
Uzbekistan’s GDP and its composition
Natural and raw material resources of Uzbekistan 
  Table 2: Industries’ production volume for period of Jan-Sep 2008
Natural resources potential
Gold exploration
  Table 3:  Structure of investments into Uzbek economy industries
Financial Sector
Uzbek banking system
Commercial banks
Credit Unions and Microfinance Organizations
International Financial Institutions in Uzbekistan
Money remittances and working migration
Convertibility issue
Interest rates
Exchange rates
  Table 4: Most liquid stocks
  Table 5: Most liquid banking stocks
Commodities and Raw Materials Export / Import
Top 5 trade partners
  Table 6: Top 10 trade turnover countries
  Table 7: Export / Import structure
Crisis impact on export and import
International Companies and Organizations
Investment plans for 2009:Chinese CNPC, Korean KOGAS, Russian Lukoil, Gazprom and Swiss Zeromax GmbH
GM Uzbekistan
Global Crisis and Government’s Reaction
Program of real sector support
Increase of capitalization level and financial stability of real economy sector
Population deposits protection guarantee at commercial banks of Uzbekistan
Agriculture sector and food prices
Taxation changes
Uzbek president: Uzbek economy is protected from global financial crisis
Uzbek president signs a decree to set Navoi region as free industrial and economic zone
Uzbekistan 2009 budget basic parameters
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