Managing Director of the International Monetary Fund (IMF) Dominique Strauss-Kann welcomed the measures to minimize the impact of global economic crisis on the economy of Uzbekistan.

The Government has implemented a very serious - at the rate of 4-5% of GDP, according to our estimates - measures to support the national economy, - he said to journalists on Thursday evening.

D.Stross-Kanna, the President of Uzbekistan Islam Karimov.

At a meeting with the president, I expressed satisfaction with economic sustainability in a world crisis, which reflects a prudent policy of the authorities, allowing them to accumulate resources to support economic growth in this period. We discussed the long-term priority for Uzbekistan, which is to raise living standards . We also discussed the global crisis and most likely the international economic situation that prevailed after the crisis. In this context, we addressed the role of regional cooperation in the context of increasing globalization, - he said.

According D.Stross-Kanna, anti-crisis measures program, and limited integration of the financial system of the republic in the world financial markets contributed to the country was immune from the first wave of the crisis.

As previously reported, Uzbekistan adopted a state program for 2009-2012 years, the upgrading and retooling of enterprises, especially in basic industries, support for exporters and domestic producers by stimulating demand in the domestic market, tough economy and decline in production costs and cost of production.

In addition, the Government sent to increase the capitalization and increase the resource base of the six banks of more than 500 billion soums, which should be directed to the concessional lending program of public investment projects for construction, modernization and upgrading of basic industries, the working capital of exporters .

According D.Stross-Kanna, now in the declining export demand has become more difficult, and at the same time, demand for imports remains high. Nevertheless, the IMF predicts a steady growth in the economy of Uzbekistan in the current year.

Uzbekistan plans to ensure that the 2009 GDP growth at 8%, promproizvodstva - at 9.3%, agriculture - 5% increase in capital expenditures by 18%, inflation at 6-8%.

Our forecasts are not so optimistic, but they are close. Our forecast for the world as a whole - economic growth was a negative 1% and very few people will be able to extract more than 5%. But this is only June, and the situation may change in any, including the best, way, - said D.Stross-Kann.

Uzbekistan became a member of the IMF in 1992.

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