EABR anticipates acceleration of the economies of Uzbekistan, Kazakhstan, and Kyrgyzstan

The macroeconomic forecast for 2026–2028 was published by the Bank


According to the EDB, the economies of Uzbekistan, Kazakhstan, and Kyrgyzstan will demonstrate dynamic development in the coming years. This was revealed in the recently published macroeconomic forecast for the period 2026-2028.

Analysts note that the Central Asian countries will be able to maintain high growth rates due to increased investments and demand in the domestic market.

Kazakhstan will rely on the implementation of infrastructure projects and the development of non-resource exports, which will help offset the decline in oil prices.

Kyrgyzstan, in turn, occupies leading positions in GDP growth rates in the region, which will be facilitated by an influx of investments in transport, energy sectors, and housing construction.

Tajikistan will also be able to maintain high GDP growth rates this year, supported by the expansion of capacities in energy and manufacturing, as well as favorable prices for gold and non-ferrous metals.

As for Uzbekistan, growth will be ensured by significant investments and positive gold prices.

According to EDB forecasts, the global economy will slow down in 2026: the growth in the USA is expected to be around 1.6%, in the European Union — 1.1%, and in China — about 4.6%.

Photo www