President of Uzbekistan Islam Karimov stated this at the meeting of the Cabinet of Ministers dedicated to the results of social-economic development of Uzbekistan in 2009 and important priorities of economic programme of 2010.

President Karimov said Uzbekistan plans to increase exports volume by 8.5% and change its structure due to increasing share of ready products.

He said Uzbekistan plans to increase share of investments to economy at the level of 30% to GDP.

Uzbekistan plans to strict budget-financial and monetary-credit policy and saving regime in 2010 compared to 2009. Inflation level is expected at 7-9% in 2010, the Uzbek leader underlined.

The volume of localized production in 2010 will increase by 40% year-on-year in 2010 and the volume of localized production, exported abroad, will grow by 12%. Share of services in GDP will rose from 47% in 2009 to 49% in 2010, the Uzbek leader said.

Uzbek leader said the share of small businesses in GDP should rose to 52.5% compared to 50% in 2009.

He said over US$3 billion will be invested to implementation of the important projects in 2010, which is up 30% year-on-year and foreign direct investments rose by 46%. Fund for Reconstruction and Development of Uzbekistan will play key role in modernization of economy. He said about US$3.7 billion were accumulated at the Fund.

President Karimov said it planned to invest 540 billion soums to development of motor roads due to National Road Fund, which is up twofold year-on-year.