Law on the state budget for 2024 approved in Uzbekistan
Economy
The law stipulates that consolidated budget revenues in 2024 will amount to 375.0 trillion sums and expenditures - 427.6 trillion sums.
Senators at the forty-eighth plenary session of the Senate considered the Law "On the State Budget of the Republic of Uzbekistan for 2024".
During the discussions it was noted that the GDP growth rate in the country's economy in 2024 is expected at the level of 5.6─5.8 per cent.
In 2024, consolidated budget revenues are planned at 375.0 trillion sums, expenditures - at 427.6 trillion sums. Also, the main tax rates remained unchanged.
Social orientation of budget expenditures will be maintained next year and about 50 per cent of the total State Budget expenditures or 151.5 trillion sums will be allocated for education, health care, social protection, development of science, culture and sports, housing for the needy and other social activities.
During the discussions it was noted that the GDP growth rate in the country's economy in 2024 is expected at the level of 5.6─5.8 per cent.
In 2024, consolidated budget revenues are planned at 375.0 trillion sums, expenditures - at 427.6 trillion sums. Also, the main tax rates remained unchanged.
Social orientation of budget expenditures will be maintained next year and about 50 per cent of the total State Budget expenditures or 151.5 trillion sums will be allocated for education, health care, social protection, development of science, culture and sports, housing for the needy and other social activities.
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