OREANDA-NEWS. February 09, 2011. The growth rates of the gross domestic product (GDP) of the Republic of Uzbekistan made up 9% in 2008, 8.1% - in 2009, and 8.5% - in 2010, which is one of the highest indicators in the world, according to the global financial institutions.

This was stated on 21 January by the President of Uzbekistan Islam Karimov at the session of the Cabinet of Ministers devoted to summing up the socioeconomic development of the country in 2010 and the most important priorities for 2011.

Assessing the results of 2010 we should note the sustainability of stably high growth rates and macroeconomic balance of our country's economy, the head of the state said.

The country's GDP increased almost 2 times in the past 10 years, i.e. in 2010 compared with 2000 (on the parity of purchasing capacity the GDP grew 2.6 times in the same period), and it climbed 1.7 times calculated in per capita terms. This testifies the stable growth rate of the economy and the vast changes taking place in the country, Islam Karimov noted.

Along with the stably high economic growth rates and a 123% increase of the real incomes of the population in 2010, the level of inflation in the past year comprised 7.3% against 7.4% in 2009. "This is, first of all, the result of strong and weighed monetary and credit policy and taken anti-crisis measures," the Uzbek President said.