• Sign in
  • 1751972643_633.png 1751972643_245.png 1751959824_218.svg 1751959824_520.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12581.73
    • RUB158.34
    • EUR14764.66
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +34°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Uzbekistan

    Uzbekistan's state budget: first-half 2023 implementation overview

    Uzbekistan's state budget: first-half 2023 implementation overview

    The implementation of the State budget of the Republic of Uzbekistan for the first half of 2023 reveals significant financial developments and allocations. During this period, the State budget saw revenues totaling UZS 102.3 trillion (over $8.4bn), marking a noteworthy increase of UZS 10.3 trillion ( around $848mn), equivalent to an 11.1% rise compared to the corresponding period in 2022. Conversely, State budget expenditures amounted to UZS 129.1 trillion (over $10.6bn), reflecting a substantial growth of UZS 26 trillion (over $2bn), equivalent to a remarkable 25.3% increase compared to the same period in the previous year.

    Photo: The implementation of the State budget of the Republic of Uzbekistan for the first half of 2023 reveals significant financial developments and allocations. 
    Source: Ministry of Economy and Finance of the Republic of Uzbekistan

    A breakdown of the revenue sources indicates that 74.6% of the total revenues, equivalent to UZS 76.3 trillion (over $6.2bn), were generated by the Tax Committee. Furthermore, the Customs Committee contributed significantly, accounting for 23.8% of the revenues, which amounts to UZS 24.3 trillion (over $2bn). Additional sources, including other revenues and non-tax receipts, added UZS 1.7 trillion (around $140mn) to the budget. Notably, during this period, taxpayers received value-added tax refunds and cashback sums, totaling UZS 9.7 trillion ( over $798mn).

    In terms of budgetary allocation, a substantial portion was dedicated to financing social expenditures. Specifically, UZS 64.4 trillion ( over $5.3bn), equivalent to 50% of the total expenses, were allocated from the State budget for this purpose. Within the realm of social expenditures, UZS 58.1 trillion ( over $4.7bn), constituting a significant 90.1%, were directed toward the social sphere and social support initiatives aimed at benefiting the population. Additionally, UZS 5.9 trillion (over $485mn), which represent 9.3% of the expenses, were allocated as extra-budgetary transfers to the Pension Fund. A smaller portion of UZS 362.6 bn (around $30mn), equivalent to 0.6% of the expenses, was allocated to financing housing programs.

    These figures underscore the government's commitment to addressing social needs and ensuring the well-being of the population through substantial investments in social support programs and initiatives. The increase in revenues compared to the previous year demonstrates positive economic growth and financial stability in Uzbekistan during the first half of 2023.

    Earlier Daryo reported that in the first half of 2023, Uzbekistan's state budget saw a notable 25% surge in expenditures compared to the corresponding period in 2022.

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    12.09.2023, 14:25   Comments (0)   2428
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Bank of China interested in entering Uzbekistan's market

    12.09.2023, 12:40

    President Shavkat Mirziyoyev approves 'Uzbekistan-2030' strategy

    12.09.2023, 12:14

    Uzbekistan may introduce differentiated electricity tariffs for population in 2024

    12.09.2023, 11:20

    'Uzbekistan does not recognize elections in Nagorno-Karabakh,' - Foreign Ministry

    11.09.2023, 16:45

    ERA grants €9mn to Uzbekistan to tackle environmental impact of former uranium mining sites

    11.09.2023, 16:39

    Uzbekistan-Korea trade surges with 15% export growth

    11.09.2023, 13:47
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Beeline Uzbekistan started 2025 with a significant network modernization


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?

     

    Recommended

    Heatwaves could kill thousands annually across Central Asia by 2090, World Bank warns

    17 July, 12:10

    Azerbaijan vs Russia: why a bilateral quarrel is reverberating across Central Asia

    9 July, 15:42

    Iran as the pressure point: How Washington’s campaign against Tehran seeks to undercut China and Russia - and why Central Asia risks the fallout

    19 June, 12:24

    "Visa simplification with Uzbekistan could be on the table," EU Ambassador Klaar points out

    11 June, 12:12
     
     
     

    Latest news

    Kazakhstan targets methane cuts with new measures and global partnerships

    Kazakhstan | 28 July, 17:57

    Kazakhstan pilots AI-powered gas meter reading app in push for energy sector digitalization

    Technology | 28 July, 15:00

    Uzbekistan reassesses age of Samarkand, now estimated at 3,000 years

    Uzbekistan | 28 July, 13:03

    Uzbekistan, South Korea to expand academic ties with focus on engineering, green economy, and student mobility

    Uzbekistan | 28 July, 11:32

    Afghanistan sees surge in airspace use with 96,500 overflights

    Afghanistan | 28 July, 10:33

    Uzbekistan signs green energy deals, plans 100 MW storage system in Tashkent

    Uzbekistan | 28 July, 09:00

    Uzbekistan, China sign MoU to strengthen banking supervision and regulatory cooperation

    Uzbekistan | 27 July, 15:38

    Uzbekistan Airports handle 7.1mn passengers in 1H25

    Uzbekistan | 27 July, 13:32
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.