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Kabar (26 November 2024)

Uzbekistan's draft state budget for 2025, now open for public review, reveals plans to focus on economic growth, infrastructure, and social sector enhancements, KunUz reported.

The budget anticipates a 6% GDP growth rate alongside an inflation rate hovering around 7%, with the state aiming to maintain the budget deficit at 49.3 trillion UZS, or 3% of GDP.

The draft legislation, titled “On the State Budget of the Republic of Uzbekistan for 2025,” outlines revenue of 308.5 trillion UZS against expenses of 290.2 trillion UZS, excluding inter-budgetary transfers. Key allocations demonstrate an emphasis on educational and social services, with the Ministry of Preschool and School Education receiving a significant increase to 59.46 trillion UZS, up from 46.6 trillion UZS. This aligns with Uzbekistan's recent focus on developing education systems to meet growing demand.

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