Uzbekistan is planning to keep its main taxes unchanged in 2027 while expanding support for entrepreneurs and developing modern industry, according to a statement on discussions of the 2027 state budget and a new economic growth model held with the president. Saida Mirziyoyeva, head of the Presidential Administration, said on 13 November that the meeting had focused on the next budget cycle, with the largest share of spending expected to go to education, healthcare and the improvement of mahallas.
Key Takeaways: The 2027 state budget and a new economic growth model were discussed at a meeting chaired by the president. Officials plan not to raise the main taxes, to broaden opportunities for business, to develop modern industry and to create new jobs. Education, healthcare and mahalla improvement are expected to remain the largest budget spending priorities.
The announcement fits into Uzbekistan’s broader effort to maintain economic stability, improve the business climate without a sharp increase in the tax burden and strengthen industrial capacity. In recent years, the country has carried out consistent reforms to support entrepreneurship, encourage investment and raise household incomes. Keeping tax rules stable can help businesses plan for the long term, while modern industrial projects may expand employment and local value chains.
In her statement, Mirziyoyeva said: “The main taxes will not be raised. We will open broad opportunities for entrepreneurs, develop modern industry and create new jobs. The stronger the economy, the more opportunities there will be for people’s wellbeing.” She added that the largest part of next year’s budget would again be allocated to children’s education, healthcare and the improvement of mahallas. According to her, particular attention will be paid to strengthening digital oversight and transparency so that every sum is used in the right place and people feel the results in their families and daily lives.
While the discussed approaches have not yet been published as a final official document, the 2027 budget parameters and the new growth model are likely to remain under expert and public scrutiny. Next steps are expected to include drafting the budget, further digitalizing tax administration, easing conditions for entrepreneurs and improving the efficiency of social spending. These measures are intended to support stable economic growth in Uzbekistan and strengthen the wellbeing of the population.
Source: kun.uz