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Uzbekistan: Deputies Pass State Budget for 2011
Source: gov.uz
Source Date: Saturday, November 27, 2010
Focus: Institution and HR Management
Country: Uzbekistan
Created: Nov 29, 2010

The Legislative Chamber of the Oliy Majlis of Uzbekistan approved the state budget for 2011 at its session on 26 November.

Vice prime minister and finance minister Rustam Azimov presented the state budget to the deputies. Chairman of the parliamentary Committee for budget and economic reforms Bahtiyor Iminov made a co-report on the issue.

The speakers said the country’s main financial document was aimed at ensuring macroeconomic stability and high GDP growth, as well as formation of a modernized, diversified and competitive economy and increase of the people’s incomes and living levels.

The 2011 budget has been developed with consideration of the Anti-crisis program for 2009-2012, proposed by President Islam Karimov, and the forecasts of the country’s socioeconomic development in 2010.

The budget foresees continuation of the structural reforms and development of economy through effective investment policy, technological renovation of the crucial economic sectors, improvement of the tax administration and solution of social issues.

The deputies from the Liberal-Democratic Party of Uzbekistan highlighted the importance of the reduction of the single tax for small businesses and private entrepreneurs.

The People’s Democratic Party drew the attention to the social aspects of the document. The budget envisages increase of the salaries, stipends, pensions and allowances. Funds are also being allocated to the healthcare and education, including reconstruction of educational establishments.

Representatives of the Milliy Tiklanish democratic party said it was important to support and stimulate local exporters in the conditions of the unfavorable conjuncture on the world markets. They also called for creation of optimum conditions for development of the craftsmanship and family entrepreneurship.

Deputies of the Adolat social-democratic party said the further development of the country’s economy depended, among others, on the introduction of innovative technologies. They also spoke about the importance of the improvement of the look of the villages and increasing the people’s living levels.

The Ecological Movement representatives stressed the importance of continuation of provision of quality drinking water and environmentally clean products to the population. While developing industry in the regions, special attention should be paid to environmental protection, they said. They also called for strengthening the responsibility of the heads of state bodies and companies for the environmental situation in the regions.
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