Uzbekistan intends to over five years to bring the share of services in GDP up to 54-56%

President of Uzbekistan Islam Karimov at the final meeting, the Government has set a target of over five years to bring the share of services in GDP up to 54-56%. As 21 January correspondent BakuToday with reference to the words of the President, considerable unused reserves for growth and expansion of the scope of services are preserved today in the construction, transport, banking and information and communication areas, medical and domestic services and especially in rural areas.

“On the level of development of services, the quantity and quality of services we are seriously behind economically developed countries,” Islam Karimov.

According to him, it should be borne in mind that this area does not require significant capital investment, at the same time, being labour-intensive, can have a significant positive impact on economic growth, increase employment and incomes.

“The cabinet within a month you need to make the adoption of the draft programme for the development of services and service for the period 2012-2016 years, bringing its share of GDP of up to 54-56%,” concluded chapter of Uzbekistan.

According to the Uzbek Government in Uzbekistan in 2011, the fastest growing service industries and service, which in GDP stood at 50.5% against 37% in the year 2000.

 

 


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