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Finance 25/08/2009 Legislative Chamber’s committee discusses implementation of state budget
Legislative Chamber of Oliy Majlis
Tashkent, Uzbekistan (UzDaily.com) -- Committee on budget and economic reforms of the Legislative Chamber of Oliy Majlis of Uzbekistan considered implementation of the State Budget of Uzbekistan in the first half of 2009.

The session of the committee noted that gradual implementation of priority tasks in deepening economic reforms and realization of ant-crisis programme allowed to achieve stable development of the economy in the first half of 2009. The GDP of Uzbekistan grew 8.2% in the reporting period.

Due to modernization of leading industries of Uzbekistan, industrial output grew 9.1% and agriculture production rose 4.6% in the reporting period. The volume of used investments increased 32.7%.

The meeting said real income of population grew 25.9% and inflation level was in forecasted level. The State Budget was implemented with surplus of 0.3% to the GDP.

Participants noted that over 54% of the State Budget expenditures were directed to social sphere and social protection of population. About 58% of resources, directed to social sphere, fell to share of education sector.

The session noted some shortcomings, including untargeted use of budget resources, debts, etc. The session adopted corresponding decisions on considered issues.

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