“The coronavirus contagion has had a grave impact on many plans. As a result of the decisions and timely measures taken, the implementation of budget parameters for the current year is being ensured. This made it possible to channel 13.4 trillion soums to counter the pandemic,” the presidential press service says.

 At the meeting, Mirziyoyev stressed that when designing the budget for the next year, one should take into account the enduring pandemic and the decline in economic activity at the global level.

 Measures to secure macroeconomic stability and the forecast level of budget revenues were considered. This requires achieving economic growth of at least 5.1 percent in 2021, including 5.8 percent in industrial production and 6.5 percent in services and construction. It is also important not to exceed the forecast indicators for inflation and budget deficit.

 Officials in charge have been given a range of directives. It was noted, for example, that the reduction of the shadow economy and the legalization of 600 thousand jobs, integration of databases of 53 government agencies, and the expansion of the list of products subject to labeling may become an additional reserve for budget revenues.

 It is also planned to increase production at large enterprises. For instance, it is possible to receive an additional 500 billion soums of excise tax in the budget by fully satisfying the needs of the economy and the population in natural gas, as well as streamlining payments in this area. It is expected that the budget will receive an additional 250 billion soums of value-added tax thanks to the uninterrupted supply of electricity to the domestic market.

 The Ministry of Transport was urged to bring budget revenues to the 2019 indicators next year by resuming communications and opening new routes.

 In 2021, social spending is intended to be increased by at least 15 percent compared to the current year. In particular, the extent of coverage of children with preschool education is to reach 70 percent, and the share of the private sector in this area – to 25 percent. The budgetary allocation to the Ministry of Public Education will be enhanced by 16 percent. For the first time, 100 billion soums are to be assigned from the budget to connect schools to the Internet, along with 200 billion soums for equipment.

 In addition, next year, within the framework of the Concept for the Development of Science, the money to be allotted to the Fund for Innovative Development and Support for Innovative Ideas is to double to reach 100 billion soums.

 About 20 trillion soums are expected to be channeled to the healthcare sector, including 3 trillion soums for measures to combat coronavirus and 1.8 trillion for the purchase of medicines.