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IMF Projects 6.8% Growth for Uzbekistan in 2026 Amid Economic Strength

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This digest was compiled by AI from multiple sources — links to the originals are below.

The International Monetary Fund forecasts Uzbekistan's economy to grow by 6.8% in 2026. The report highlights sustained economic strength through 2025. This comes as the IMF issues recommendations for continued stability.

IMF Economic Assessment

The International Monetary Fund has released its latest economic assessment for Uzbekistan, projecting a 6.8% growth in 2026. The report indicates strong performance in 2025, driven by robust domestic demand and investment. Uzbekistan's GDP is expected to continue its upward trajectory, supported by structural reforms. The IMF's analysis includes data from the State Statistics Committee and other financial institutions.

Recommendations for Stability

The IMF has issued several recommendations to ensure Uzbekistan's economic stability. These include enhancing fiscal policies and improving the business environment. The report also suggests strengthening financial sector resilience to external shocks. The IMF emphasizes the importance of maintaining macroeconomic stability amid global uncertainties.

IMF Director on Uzbekistan Growth

Jihad Azour, IMF director for the Middle East, North Africa, Central Asia, and Caucasus, attributed Uzbekistan's 6.1% growth in 2021 to specific factors. The IMF improved its forecast for the republic.

Uzbekistan's BRICS Bank Choice

Uzbekistan is opting for the New Development Bank over the IMF, signaling a strategic pivot toward the BRICS financial ecosystem. This move reflects a broader shift in Central Asia toward multipolar economic alliances.

What's Next

The Uzbek government is expected to review the IMF's recommendations in the coming months. It remains uncertain how these suggestions will influence policy decisions.

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IMF Projects 6.8% Growth for Uzbekistan in 2026 Amid Economic Strength