11.04.19.
The International Monetary Fund (IMF) has released the April World Economic Outlook. CA-News presents an overview of the countries of Central Asia.
Kazakhstan
The IMF raised its forecast for Kazakhstan’s GDP growth to 3.2% this year. In November last year, the IMF predicted the growth of Kazakhstan’s economy in 2019 at 3.1% level.According to the survey, GDP growth in Kazakhstan in 2020 is expected to be 3.2%. The inflation forecast in the republic was 5.5% in 2019 and 5% in 2020.
Kyrgyzstan
The IMF forecast Kyrgyzstan’s GDP growth to 3.8% in the current year and up to 3.4% in 2020.In 2018, the IMF predicted GDP growth in the country to 3.5%.According to the IMF, inflation forecast in Kyrgyzstan in 2019 - 2.2%, in 2020 - 4.9%.
Tajikistan
GDP growth in Tajikistan in 2019 will reach 5.0%, and in 2020 - 4.5%.According to the IMF, the inflation forecast in 2019 - 6.7 %, and in 2020 - 6.2%.
Turkmenistan
The IMF forecasts GDP growth in Turkmenistan to 6.3% in 2019, and 6.0% in 2020 .The inflation forecast in the country in 2019 - 13.0%, in 2020 - 9.0%.
Uzbekistan
According to the IMF, the GDP growth forecast in Uzbekistan will be 5.0% in 2019 and 5.5% in 2020.Inflation forecast in the country in 2019 — 16.5%, and in 2020 - 11.9%.
"While 2019 started on a weak basis, the global economy is expected to recover in the second half of the year. The U.S Federal reserve, reacting to the growing global risks, suspended the interest rate increase and signaled the absence of intention to raise it until the end of the year. In addition, the prospects for trade tensions between the US and China are improving as the outlines of the trade agreement are drawn up" writes in an overview.
