The European Bank for Reconstruction and Development estimates that the economies of the countries of Central Asia will grow by an average of 4.9% this year and by 5.4% in 2024. According to a recently published report, the plus will be higher than expected and will exceed the growth in the other EBRD regions. The economic upswing in Central Asia is due to rising oil and gas prices from commodity exporters and inflows of capital and labor from Russia. The Central Asian economies would also benefit from intermediate trade with Russia and from the immigration of Russian companies. Bank analysts expect growth this year in Tajikistan (8%), Kyrgyzstan (7%), Mongolia (7%), Turkmenistan and Uzbekistan (both 6.5%). Kazakhstan‘s economic output is expected to grow by 3.5%.