Saturday, 04, May, 2024

In the government meeting, President Shavkat Mirziyoyev, speaking about plans for the next five years, pointed to the need to increase GDP beyond $ 100 billion and industrial production by 1.4 times.

He underscored that only effective economic reforms could solve existing social problems.

“Our development strategy serves to build a free and prosperous life on the basis of a new economic outlook, new economic relations. Only by building a developed economy can we ensure peace and tranquility, national security.”

“It is no secret that today the most important task, if necessary, is to maintain peace and stability in society, strengthen our independence, ensure the territorial integrity of our country, the inviolability of our borders.”

“Only effective economic reforms can solve existing social problems. In our future activities, we must focus on creating modern jobs through the comprehensive and rapid development of sectors of the economy, reducing poverty.”

“At the same time, the top priority of all economic leaders and governors over the next five years should be to increase GDP beyond $ 100 billion, increase industrial production by 1.4 times and reduce poverty by at least 2 times.”

“All necessary measures should be taken this year to keep inflation below 9 percent. While, this year, 10 trillion soums of loans should be guaranteed for family business programs. And, the budget deficit should not exceed 3% of GDP.”

“Through the development of new lands, the introduction of water-saving and digital technologies, science and innovation, it is necessary to increase the income of farmers by at least 2 times and achieve at least 5% annual growth in the agricultural sector.”

“It is necessary to attract $ 120 billion to the economy in five years, including $ 70 billion in foreign investment, and increase exports to $ 30 billion a year.”

“You see, what glorious goals we have set for ourselves. Most importantly, these huge tasks have to be accomplished in the context of the ongoing pandemic and the global crisis.”

It requires great strength and resources, high will and strict discipline, full mobilization of all our capabilities and resources, the President stressed.

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