Budget revenues are expected at a level of 21.8% of GDP while budget expenditure - at 22.8% of GDP.

The Cabinet of Ministers of Uzbekistan approved the forecast of the main macroeconomic parameters, the concept of the tax and budget policy and the draft state budget for 2010 on 2 October.

The forecast envisages preservation of the high growth rates of the GDP and the volumes of industrial production, including consumer goods production and construction works and services.

The tax and budget policy concept for the next year envisages reduction of the tax burden on the economic entities and the share of the tax payments in the GDP, stimulation of the modernization of production, increase of the population’s incomes and easing the tax administration.