Sunday22 December 2024
centralasiabusiness.com

Social sector expenses will account for 52%. The Senate of the Oliy Majlis has approved the state budget for 2025.

Uzbekistan, Tashkent – According to AN Podrobno.uz. Today, December 18, the second plenary session of the Senate of the Oliy Majlis took place in Tashkent, during which the law "On the State Budget of the Republic of Uzbekistan for 2025" was approved.
Сенат Олий Мажлиса утвердил госбюджет на 2025 год, где 52% расходов будут направлены на социальную сферу.

According to the document, the inflation rate is projected to be around 7% next year.

The projected revenues of the consolidated budget will amount to 431 trillion sums, while expenditures will reach 480.5 trillion sums, with a deficit not exceeding 3% of GDP in the medium term.

The revenues of the state budget are expected to be 308.5 trillion sums, and expenditures will total 344.8 trillion sums. Regarding the revenues and expenditures of state targeted funds (excluding inter-budget transfers), they are planned at 66.4 trillion and 62.8 trillion sums, respectively.

Special attention is given to the social sphere. It is allocated 52% of all expenditures, which amounts to 177.7 trillion sums. The healthcare sector will receive 41.3 trillion sums, which is 19.8% more than in 2024. Additionally, 3.6 trillion sums will be allocated for environmental protection initiatives.

Furthermore, the budget includes funds to address social issues in the regions, improve the infrastructure of mahallas, and implement government initiatives.