Tashkent’s annual budget amounts to 6.44 trillion soums

The total budget of the capital and its districts for 2022 was approved in the amount of 6 trillion 44 billion soums, including the budget of Tashkent – 4.4 trillion soums, districts – 1.6 trillion soums, Norma reports.

The forecasted economic indicators of Tashkent are as follows:

• gross regional product (GRP) – 120 billion soums;
• GRP growth rate – 7.5%;
• industrial production growth rate – 6.3%;
• growth rate of the service sector – 30.1%.

The main sources of income for the city budget will be:

• taxes on property of legal entities – 728.8 billion soums;
• turnover tax – 586.8 billion soums;
• land tax of legal entities – 567.7 billion soums;
• state fees – 513.9 billion soums; 
• tax on the sale of gasoline, diesel fuel and gas – 374.4 billion soums;
• tax on income of individuals – 373.3 billion soums.

The capital’s budget reserve fund is 42.9 billion soums.