The International Monetary Fund (IMF) projects that Uzbekistan's international reserves will grow by 8% over the next three years, according to the organization's latest report.

The IMF assesses the country's reserves as adequate, expecting them to cover more than 12 months of imports by the end of 2026.

The baseline forecast for Uzbekistan's economy remains favorable. The IMF estimates real GDP growth of approximately 6.8% in 2026 and 6% the following year, driven by strong private consumption, investment, and continued structural reforms.

The IMF also forecasts the current account deficit to narrow to 3.2% of GDP in 2026, supported by higher gold prices. However, the fund warns of high uncertainty, with external risks including deteriorating global conditions and geopolitical tensions, and domestic risks such as increased government spending and expansion of concessional lending.

Earlier, the IMF stated that Uzbekistan's economy is growing steadily but requires cautious policy amid domestic and global risks.

Source: podrobno.uz