Business climate indicator in Uzbekistan rises strongly

The Center for Economic Research and Reforms (CERR) conducted the third round of survey among enterprises for the June 2020, which involved 998 enterprises.

For reference: The assessment is based on the methodology of German “Business Climate Index” developed by IFO in Munich. 

The survey was carried out in two directions: assessment of the businesses’ current situation and expectations of entrepreneurs regarding the prospects of the business for the next 2-3 months.

Analysis of the business climate in Uzbekistan displayed following:

The indicator of the businesses’ current situation amounted 30 points (an increase of 15 points compared to the previous month), which means that the business sentiments regarding the businesses’ current state is moderately positive (Table 1).