Financial crisis to influence Uzbekistan

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Experts of analytical “Immediate Reaction Force-Uzbekistan” group say that Uzbekistan will face serious social-economic consequences of international financial crisis.

According to experts opinion, Uzbekistan will face with four main risks, two of them will be connected with working migration. Experts suppose that because of working migrants salary decrease in Russia and Kazakhstan, the number of money transfers will also decrease. This tendency will lead to decrease the national currency rate. The financial crisis in countries, where Uzbekistan working migrants work, will make them return to Uzbekistan. It will cause decrease of State income and increase unemployment.

These processes will be accompanied with increase of prices on services and goods.

Financial crisis will make main investors of Uzbekistan to decrease the amount of investments.

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