OREANDA-NEWS. December 8, 2010. The world community, as well as such high-profile international financial institutions as the International Monetary Fund, the World Bank, the Asian Development Bank and others do recognize the sustainable high growth rates, the stability and reliability of the functioning financial and banking system, successful structural reforms in the economy and in general Uzbekistan's confident steps on the way of modernizing the country.

It is obvious that no one remains indifferent to the following facts: the growth of Uzbekistan's GDP during less than 20 years of our independent development grew 3.5 times, and per capita ratio grew 2.5 times, the growth of population's real incomes increased 3.8 times.

The most notable is success in social and humanitarian dimension – the growth of state expenses for social security of population increased 5 times, considerable improvement of living standards, which have resulted in decrease of maternal mortality rate more than twice, children's mortality rate – fell 3 times, increase in average life expectancy made up 67 to 73, and the life expectancy of women increased up to 75 years.

The international structures, experts and specialists display a keen interest to the fact that in 2008-2010 when most countries of the world have experienced a considerable decrease of economic growth rates and production stagnation, in 2008 Uzbekistan's GDP growth rates made up 9%, in 2009 - 8.1%, and in 2010 it is expected to be 8.5%, and in 2011 it is estimated to be 8.3%.

At a time, when the serious concern, particularly in the developed countries, is aroused by continuous growth of foreign public debt, Uzbekistan's foreign debt does not exceed 10%, and the State budget has been executed with surplus for over the past five years.