Oxford Economic Country Briefings, January 16th, 2007
Highlights and Key Issues
* Export growth, mainly to fast-growing former Soviet markets, pushed Q3 2006 growth above 7%. Though growth will slow slightly this year, sustained economic expansion has calmed the political atmosphere as President Karimov prepares for re-election. Investment from a much-enlarged central budget is promoting commodity refinement and industrial diversification.
* Re-engagement in infrastructure projects by multilateral lenders improves the prospect of continued growth and production diversification in 2007, despite the damage done to private investor relations by la...
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