Ministry of Finance of the Republic of UzbekistanMinistry of Finance of the Republic of Uzbekistan
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The Government of Uzbekistan intends to reduce tax burden

The Government of Uzbekistan discussed the forecasts of the main macroeconomic indicators and the concept of tax and budget policy and the draft state budget for 2018.

The main directions of the fiscal policy for next year include reducing the tax burden, the number of taxes and mandatory payments, strengthening the revenue base of local budgets and increasing their independence, rational use of resources and ensuring the completeness of revenues to the budget.

Members of the Parliament discuss state budget for 2018

The main financial document of the country is in the focus of deputies’ attention On December 13 this year, the regular meeting of the Legislative Chamber of the Oliy Majlis of the Republic of Uzbekistan was held.

Deputies considered the drafts State Budget of the Republic of Uzbekistan and budgets of state trust funds, as well as discussed the main areas of the tax and budget policy for 2018, Information Service of the Legislative Chamber of the Oliy Majlis of the Republic of Uzbekistan said. 

State budget’s surplus in Uzbekistan reach 108.2bn soums in 1H

The surplus of the state budget of Uzbekistan in the first half of 2017 reached 108.2 billion soums, the Ministry of Finance of Uzbekistan said. According to the preliminary data of the Ministry, the budget revenues in January-June 2017 exceeded 22.46 trillion soums, and expenses - 22.35 trillion soums. 

Uzbek Senate has approved the state budget for 2016

Tashkent, Uzbekistan (UzDaily.uz) - The Senate of the Oliy Majlis of Uzbekistan has approved the State budget and budgets of state trust funds, as well as the main directions of tax and budget policy for 2016.

Senators have also approved the law "On amendments and additions to the Tax Code of the Republic of Uzbekistan related to adopting the main directions of tax and budget policy for 2016".

Execution of the State Budget of the Republic of Uzbekistan and budgets of the state trust funds for the 9 months of 2015 was considered

On November 27, a regular meeting of the Legislative Chamber of the Oliy Majlis of the Republic of Uzbekistan was held.

It was attended by deputies, heads of relevant ministries and departments, experts, representatives of the mass media.

MPs discuss execution of state budget for 1H
On 15 September, a regular meeting of the Legislative Chamber of the Oliy Majlis of the Republic of Uzbekistan was held. The session considered a report of the Cabinet of Ministers on the execution of the State budget and budgets of the state trust funds of the Republic of Uzbekistan for the first half of 2015.
Legislative Chamber considers execution of state budget
Legislative Chamber of Oliy Majlis of Uzbekistan held a session on 11 June to discuss execution of the state budget of Uzbekistan and budgets of the state targeted funds for 2014 and the first quarter of 2015.
Senate of Uzbekistan approves state budget for 2015
Senate of Oliy Majlis of Uzbekistan approved a state budget for 2015 with the deficit of about 1.8 trillion soums or 1% of forecasted gross domestic product (GDP) of the country.
Legislative Chamber considers state budget execution
Legislative Chamber of Oliy Majlis of Uzbekistan considered execution of the state budget in 2013 and in the first quarter of 2014 at its session on 20 June 2014, the press service of the chamber said. First Deputy Prime Minister and Finance Minister Rustam Azimov presented a report of the Cabinet of Ministers on the execution of the state budget in 2013.
Strengthened Legal Framework of the State Budget
The State Budget is a centralized storage of earmarked funds which reflects the sources of revenue, amount of income, areas and size of allocations throughout the year. In this regard, ensuring appropriate and complete formation of state budget revenues and adequate expenditures are crucial. Improving the legal framework of the process is of special importance.
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