The IMF’ concluded its Article IV consultation with Uzbekistan. The fun noted a positive economic outlook, supported by robust reform initiatives, including energy price reforms and state enterprise privatization. Uzbekistan’s GDP is expected to grow 5.4% in 2024 and 5.5% in 2025. Efforts to reduce the fiscal deficit and slow import growth are projected to lower the current account deficit, while inflation, temporarily heightened by energy price hikes, is expected to converge to the central bank’s target over the medium term.