2,139 small businesses suspended their activities due to the pandemic – Ministry of Finance

“Taxes in the amount of 155.3 billion soums were not imposed on 95,144 individual entrepreneurs who ceased their activities during the quarantine. In January-June this year, turnover tax revenues amounted to 630 billion soums, it decreased by 307 billion soums compared to the same period last year for the following reasons:

- first, part of the taxpayers began to pay general taxes as the amount of their turnover exceeded 1 billion soums;

- second, as a result of the pandemic, the production of small business and private entrepreneurship in the first half of this year decreased by 0.8% compared to the same period last year, the volume of services – by 2.3%, retail trade turnover – by 2.9%.

At the same time, in the 2nd quarter of this year, 2,139 small businesses suspended their activities due to the pandemic, including 871 in trade, 571 in industry, 191 in food services and others.