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According to President Shavkat Mirziyoyev of the Republic of Uzbekistan, the country's gross domestic product (GDP) grew by 6% in 2024, reflecting stability in Uzbekistan's economic development. The President attributed this figure to the effectiveness of reforms and investment attraction policies being implemented in the nation.

Significant contributions to economic growth came from activities in industry, construction, and services, with energy and transport infrastructure projects playing a crucial role. The head of state also announced new initiatives to attract foreign investors and boost exports, which are expected to further stimulate economic growth in the future.

However, critics emphasize the need for inflation control, anti-corruption efforts, and addressing issues in agriculture to sustain growth rates. The President acknowledged these challenges and promised additional measures to tackle them, but practical outcomes remain to be seen.

Source: uznews.uz