President Islam Karimov addressed the meeting
of the Cabinet of Ministers to revisit the year 2011 and outline Uzbekistan’s
socio-economic development priorities for 2012.
Appreciation from international financial
of independent Uzbekistan
now has become an integral part of the global economy. Each year the country
increases its export potential and successfully shifts the structure of the
supplies to foreign markets from raw materials to finished products with high
As the head
of state noted in his speech the turmoil processes occurred in the global
markets, could not pass without affecting the performance of our economy during
the last year and can heavily impede the achievement of the planned growth
rates of Uzbek economy in 2012.
this, the country has achieved impressive results in 2011, which have been
highly appreciated by authoritative international financial institutions
including the International Monetary Fund, World Bank, Asian Development Bank,
statement on the results of the last evaluation mission the International
Monetary Fund notes that Uzbekistan
has achieved dynamic growth and coped well with the global financial crisis…
mission’s projections about Uzbekistan's
8.3% GDP growth for 2011 proved to be right. Also, during the 2000-2011, the
volume of GDP has increased 2.1 times; on this indicator Uzbekistan is among the fastest
growing economies in the world.
governmental meeting it was pronounced that last year the industrial production
expanded by 6.3%, agriculture by 6.6%, retail turnover by 16.4%, paid services
by 16.1%. The volume of drawn investments grew by 11.2%. The state budget was executed
with a surplus of 0.4% of GDP. Inflation has not exceeded the anticipated
developing industries became real locomotives of economic growth. Machinery and
automobiles added 12.2%, chemicals and petrochemistry rose by 9.4%, the sector
of construction materials increased by 11.9% food industry grew by 13.1%,
pharmaceutics and furniture augmented by 18%.
noteworthy that in the head of state’s report, the data on economic growth were
presented in comparison with 2000. It allows to clearly see the dynamics of the
development and the scale of achievements over the past decade.
Thus, if to
compare the volume of consumer goods production in 2011, which by the way
increased last year by 11.2%, to the volume of 2000 it will be seen that the
production has risen to more than 4 times. The volume of exports rose 4.6 times
comparing to 2000, with 15.4 percent growth in 2011. Trade surplus in turnover
exceeded $4.5 billion. The share of finished goods in overall exports rose to
60%, whereas in 2000 it amounted to about 46%.
that since 2005, the state budget is being implemented with a surplus is
distinct confirmation of Uzbekistan’s
economy’s sustainable and balanced development.
changes are taking place in the financial and banking areas of the country.
At the cabinet meeting the President noted with satisfaction that authoritative
international rating agencies such as Standard & Poor's, Moody's and Fitch
Ratings described, for the second consecutive year, the banking system of
Uzbekistan as ‘stable’, and the number of commercial banks, in the Republic,
possessing such ranking increases from year to year. If in 2010, only 15
commercial banks in the country were rated as ‘stable’, today their number has
reached 23; their assets comprise more than 98% of the total assets of the
country’s entire banking system.
Uzbekistan’s banks are actively involved in
the rehabilitation of insolvent companies. To date, the production activities
have been restored at 156 out of 164 bankrupt enterprises transferred to the
banks, 110 enterprises were sold to new investors. The commercial banks
invested 275 billion soums on technical re-equipment and modernization of the
enterprises, which allowed to create more than 22,000 jobs.
active investment policy and implementation of major investment projects on
modernization, technical and technological re-equipment of the most important
sectors of the economy and on the development of transport and communications
infrastructure have allowed to increase the volume of drawn capital investments
by 11.2%. 1,006 new production facilities were commissioned; the implementation
of 144 large investment projects was completed.
done under the state program "Year of small business and
entrepreneurship" have yielded fruitful results in establishing favorable
business environment. They facilitated to increase small businesses’ share in
GDP to 54%, in 2011, while it was 52.5% in 2010.
much attention is paid to the social sphere. 2011 was not an exception. During
last year, 166 schools were built and repaired in the country. 151 schools have
undergone thorough complete overhauls, some 46.3 thousand new pupil seats,
equipped with modern teaching and laboratory equipment, were created.
noted at the Cabinet meeting, according to governmental decree, over 277
billion soums are planned to be spend on the implementation of the program of
modernization of material-technical capacities of higher education institutions
and radical improvement of specialists’ training, designed for 2011-2016. To
accumulate means and to finance the outlined Program, last year, a special Fund
was created. In 2011 over 39 billion soums from this Fund have already been
taken to finance the planned activities.
taken to employ graduates of colleges and high schools became important factors
in the process of care for the younger generation. The contracts, between
colleges and businesses according to which the future graduates pass practical
training at the enterprises with their subsequent hiring, became customary. As
part of these arrangements more than 390 thousand graduates have been employed.
By the way, the actions allowed to optimize the preparation of called-for
The work to
further reform and develop the health system was carried out consistently and
deliberately. Last year, in tote, 137 billion sums and $136 million of state
budget means, attracted favorable foreign loans and grants were directed on the
reconstruction of medical facilities and equipping them with modern laboratories,
diagnostic and medical technologies. In tote, over the past ten years the
country has spend on the development of healthcare over $750 million taken from
the budget funds and attracted favorable foreign loans and grants.
drastic measures taken to reform and develop the healthcare system, over the
past ten years the country achieved significant reduction in overall morbidity.
The progress achieved in Uzbekistan in public health received deserved
assessment from the World Health Organization, UNICEF and from other
authoritative international organizations, during international symposium ‘The
national model of maternal and child health in Uzbekistan: Healthy mother -
healthy child’ held last year in Tashkent.
the country continued the process of comprehensive construction of new
residential areas and creation of modern infrastructure in rural areas. Last
year, 7.4 thousand new homes on type designs were build in 156 rural areas,
with soft loans from Qishloq Qurilish Bank.
measures taken to completely meet the parameters of the 2011 Program on
creating jobs and increasing employment led to the establishing of about 1
million jobs, 68 percent of them set in rural areas.
Tremendous strides, new frontiers ahead
Cabinet meeting, special attention was paid to the priority areas of
socio-economic development of Uzbekistan
for 2012. As it was noted, the main indicators of the country's economy’s
development and its leading industries are aimed in 2012 at maintaining high
and sustainable rates of growth, further strengthening of macroeconomic
stability. It is planned that GDP will grow by 8.2%, industrial production will
rise by 8.6%, agriculture by 5.8%.
analysis of the state budget for 2012 shows its distinct social inclination. It
is scheduled to send over 60% of the budget on the social sphere. It is
envisaged to significantly reduce the tax burden, especially for small
businesses and private entrepreneurships. The rate of single tax payment for
them is reduced from 6 to 5 percent. The minimum tax rate on personal income
has been reduced from 10 to 9 percent; primarily, this should significantly
result on raising the incomes of low-paid categories of workers.
investments directed on the development of the economy will rise significantly
this year. Their growth rates should increase to 109.3 percent comparing to the
past year, while their GDP share widen to 24.5%.
government was set before an important task of enhancing the competitiveness of
relevance and importance of setting this goal are dictated primarily by the
main strategy we have put to ourselves, at this stage, to bring our economy in
the medium term to the level of developed democratic countries, emphasized
President Islam Karimov in this regard.
of foreign investments illustrates the rising interest and confidence of
foreign capital in the safety and soundness of the country’s economy. In 2012,
the volume of foreign investments and attracted loans will increase by 16
percent, amounting to over $3.3 billion, including more than 2.3 billion
dollars of direct foreign investments.
to the Program of priority measures on increasing production and the
development of new types of competitive products, during 2012-2016 it is
planned to implement more than 270 investment projects, with estimated costs of
$6.2 billion, as well as to fulfill sectoral programs of modernization,
technical and technological re-equipment of the production.
attention will be paid to ensure the outstripping development of service
industries. It was noted at the meeting that considerable unused reserves for
growth and expansion of services are preserved today in construction,
transport, finance, banking, information and communication sectors, as well as
in medical and general domestic services to the population, especially in rural
priority of 2012 is to ensure rapid development of transport and engineering
infrastructure. In particular, it is planned to accelerate the projects of
construction and reconstruction of roads, belonging to Uzbek national highway.
Appreciating the strategic importance of upgrading the highway, not only for Uzbekistan but
for the entire region also, the international financial institutions - the
Asian Development Bank, Islamic Development Bank, members of Arab Coordination
Group - actively participate in the project.
planned to continue the development of Navoi International
Center, which will
increase the international transit of goods and expand its route network.
President stressed that the 2012 Program on creating jobs and increasing
employment approved by Oliy Majlis of the Republic of Uzbekistan
should remain in the highlight. It provides for the creation of over 967 000
jobs, 600 thousand of which in the countryside.
At the same
time, the job placement of graduates from vocational colleges and lyceums,
whose number this year exceeds 500,000 people, deserves the most serious
of 2011 and the program of socio-economic development for 2012 indicate dynamic
and stable development of Uzbekistan,
and the growth of its economic potential.
Kamil Ochilov, Member of Legislative Chamber of Oliy Majlis:
new jobs, supporting entrepreneurship’s initiatives, ensuring employment of
population all these are priority of the state policy in our country. The main
goal is to enhance the well-being of each family and the people of Uzbekistan as a
whole. The parliament pays great attention to this urgent issue. Each year the
country adopts Program on creating new jobs and providing employment. Under
this program, the relevant ministries and local hokimiats (regional
authorities) are assigned with responsibility to create new jobs and attract
people to labor, creating conditions for implementing entrepreneurial ideas,
basing on the peculiarities of the areas and industries.
widely known that within the framework of the Program on creation new jobs and
ensuring public employment for 2012, it is planned to provide more than 960
thousand new jobs. This means that there will be conditions for thousands of
families to strengthen their wellbeing, so that honestly working people can
earn good money and raise their standard of living. From our side, the deputies
will monitor and work together with local authorities, Kengash (Council) of
People's Deputies, enterprises and organizations in order to fulfill the
Examples of dynamic development
Vladimir Tyurdenev, Ambassador Extraordinary and Plenipotentiary of
Russia to Uzbekistan:
The year 2011
was marked with onward development of Uzbek-Russian relations. Despite the
continuing instability of the global economy, the trade and economic
cooperation between Uzbekistan
continue to grow rapidly. By the volume of bilateral trade with Russia
Uzbekistan is in fourth place among the CIS countries, and Russia is ranked the first in terms of turnover
among all trade partners of Uzbekistan.
According to State Statistics Committee of Uzbekistan, the volume of
Uzbek-Russian trade turnover in the period of January-September 2011 amounted
to $4.6 billion. In tote, exports of Uzbekistan
to Russia over this period
estimated at $2.9 billion, while the imports from Russia were $1.7 billion. The dynamic
development of trade and economic relations is being demonstrated not only by
fuel and energy complex, information-communication technologies, but also by
industry, aviation and rail communications.
impetus to bilateral cooperation was given by the thirteenth session of the
Intergovernmental Commission, which reviewed the progress of implementation the
Action Plan for Programme of Economic Cooperation between the governments of Russia and Uzbekistan in 2008-2012.
Effective combination of quality, comfort and
Khaydarali Mamadaliev, chief information officer, Uzbekistan Railways:
last 20 years the railroad industry of Uzbekistan has passed a long way.
Today, enterprises of the company produce modern locomotives and wagons, lay
new steel lines using innovative technologies. The first, in Central Asian,
high-speed rail route, Tashkent-Samarqand, put into operation last year
demonstrated not only the industry’s great progress, but also showed the
capacities of domestic rail transport, which now is on the leading positions in
employees pay much attention to rolling stock’s modernization and expansion of
the park with modern machineries. The enterprises of Uzbekistan Railways
mastered serial production of passenger and freight wagons. Cars and carriages
are being retrofitted in accordance with modern requirements. In tote, last
year, the company upgraded 44 sections of locomotives, 1,430 freight and 57
passenger cars. With governmental support the SJSRC launched the investment
project of upgrading passenger locomotives, which plans to buy 15 passenger
locomotives. The project implementation will significantly reduce the time
spent on transit through increasing train speeds from 100 to 160 kilometers per
important area of the company’s development is the construction, rehabilitation
and electrification of railway lines. In implementation of the program on
accelerating the construction of transport and communications infrastructure
for 2011-2015, over $2 billion will be spend on the railway sector according to
For a sounder health
Ahmad Dustbaev, Chief doctor, Surkhondaryo Regional
workers of Surkhondaryoregion will
remember the last year for the large-scale work done on development of medical
institutions. Renovation and construction operations were carried out in
fourteen health care facilities, more than half of which are located in rural
areas and remote settlements. In particular, the construction of two new
buildings was continued at our center, where we will place all surgical
medical units and regional diversified centers are being equipped with modern
medical technologies. For example, in near future, roentgenologic service at
our center will be considerably enhanced. Now we have CT-scan and X-ray
apparatus. In the near future we will get magnetic resonance tomography scanner.
We will obtain 91 different items of equipment and stocks that will replace
obsolete equipment and tools. This will allow us to raise the treatment to a
physicians strive to learn the advanced diagnostic and treatment methods. We
are proud of our Department of Vascular and Maxillofacial Surgery,
Ophthalmology. I can tell a lot about each department and our each specialist
on his innovation activity. For example, data on Oman Rakhmanova - head of Ophthalmology Department- were included in the
bibliography, handbook ‘Who is Who in the World’.
physicians provide comprehensive methodological support to specialists of
regional medical units, we actively participate in monthly led health
improvement weeks for women of childbearing age, adolescents and children. Our
doctors go to the most remote villages and consult local people, and, if
necessary, help to organize the treatment in major regional and national
incentives for development
I sew very
different clothes from jogging suits to ball gowns, for children and adults.
Kids want to dress as beautifully and fashionably as adults, so I pay special
attention to children's clothes. In the future, I want to open wedding salon,
where gowns for brides will be tailored from my own designs. And this dream is
not far off. Today, in our country, all doors are opened to entrepreneurs; they
can quickly register their businesses, receive loans without any problem,
submit tax accounts over the Internet and much more.
It is very
important that each year the tax burden on the private sector is reducing. This
encourages entrepreneurial people to invest the freed capital on the business’s
development, and thus, to create new jobs, and provide public with quality
products. During the past year, much has been done to support small business
and entrepreneurship in Uzbekistan.
The results of the year show that these efforts affected the business
community: private sector’s share in GDP is raising, as well as in exports and
New accomplishments for high-tech
Elbek Dalimov, specialist, UzACI news service:
As a result
of implementation of a number of promising projects on further development and
modernization the telecommunications networks, the country’s communication
infrastructure has improved significantly over the last year. Across the country,
at regional centers, all obsolete analogue telephone exchanges stations were
replaced with modern digital ones. High-speed digital communication channels
from fiber-optic have been set up. Now specialists expand the net and improve
reliability of the system. Created infrastructure provides framework for rapid
development of wireless technologies, mobile phones in particular.
successful projects of the past year is the completion of national network
"e-education." It brings together universities and their branches in
a single high-speed corporate network based on fiber-optic communication lines.
example of information technologies’ rapid development in Uzbekistan is
the dynamic growth of the number of Internet users and mobile subscribers, as
well as of associated infrastructure. Now, for example, the Uzbek segment of
the Internet has 13 500 active domains.
important area of IT-industry’s development, at the current stage, is to
implement its best ideas and technological solutions in the work of public
agencies, and the creation of the so-called e-government on the basis of
domestic software. Today, almost all ministries and departments have their own
websites, where visitors have a variety of interactive services. According to a
decree of the Cabinet of Ministers, the number of online government services
has become 94. Today, specialists work to increase such services to 155. On the
basis of the approved basic online public services, 384 types of services are
Ibragim Holiyorov, Chief of Bakht farm, Qashqadaryo region:
the real owners of the land today; they are interested in the results of their
work and make significant contribution to the improvement of people's welfare.
Governmental support has played a major role in the development of farming.
Specialized fairs are held across the country where we can see needed farm
machineries. Farmers learn new agricultural techniques at specially organized
seminars. If previously, we bought agricultural machineries mainly for
cultivation and planting purposes, now we buy the equipment for processing of
agricultural products; we have transformed from the producers of raw materials
to the manufacturers of products with more in-depth processing.
hundred men are currently working in our farm. We have received $160 thousand
in loan and bought equipment for milk processing. Our machinery can process up
to 3 tons of milk per day. Now, dairy products – yogurt, cream, cheese – are
sold at our special stores.