First slide Second slide Third slide Fourth slide Fifth slide Sixth slide Seventh slide Eighth slide
Home Mission Cooperation with International Organisations News and events About Uzbekistan Photo gallery

ADDITIONAL OPPORTUNITIES FOR STATE BUDGET EXECUTION, ENTREPRENEURSHIP DEVELOPMENT IDENTIFIED

2019 - Year of active investment and social development 2019 - Year of active investment and social development Presidential elections - 2016 Presidential elections - 2016 Independence Day of the Republic of Uzbekistan Independence Day of the Republic of Uzbekistan Other news and events Other news and events Press-releases Press-releases Chairmanship of Uzbekistan in the Council of FM of the OIC Chairmanship of Uzbekistan in the Council of FM of the OIC Millenium development goals Millenium development goals Cooperation within frameworks of ILO Cooperation within frameworks of ILO International Music Festival "MAQOM" International Music Festival "MAQOM" The Strategy of Actions on Further Development The Strategy of Actions on Further Development International Uzbek Cotton Fair International Uzbek Cotton Fair Tourism Tourism International Industrial Fair and Cooperation Exchange International Industrial Fair and Cooperation Exchange December 8 - Constitution Day of the Republic of Uzbekistan December 8 - Constitution Day of the Republic of Uzbekistan Digests of Press of Uzbekistan Digests of Press of Uzbekistan
show all useful links
ADDITIONAL OPPORTUNITIES FOR STATE BUDGET EXECUTION, ENTREPRENEURSHIP DEVELOPMENT IDENTIFIED

On November 7, President of the Republic of Uzbekistan Shavkat Mirziyoyev announced the effectiveness of measures taken to ensure the implementation of revenue forecast for the state budget, identifying and employing additional opportunities for further development of entrepreneurship and small business on the ground. videoconferencing session.

Today, entrepreneurs, small and medium-sized businesses are the basis for sustainable economic development in countries around the world. In developed countries, business entities make up more than 90% of the total number of businesses and employ over 50% of the working population.

Thus, 71.7% in Japan, 69.3% in Germany, 53% in the United States work in medium and small enterprises. As of 2018, 76.3 per cent of the employed population in Uzbekistan is employed in this area.

At the same time, business entities play a significant role in the GDP of developed countries. In particular, China accounts for 60%, Germany - 57%, Singapore - 53%, the USA - 52%, Japan - 51.6%. The share of this sector in the gross domestic product of Uzbekistan is 59.4%.

The development of entrepreneurship and small business in our country is one of the priorities of state policy today. In the words of our President Shavkat Mirziyoev, we can achieve prosperity and prosperity only through active entrepreneurship, hard work and aspiration.

As a result of radical reforms undertaken to support entrepreneurs and improve the business environment, Uzbekistan ranked 69th in the World Bank’s "Doing Business 2020" ranking and is ranked 69th in the World’s Top 20. among the reformed states. For the first time in terms of ease of opening a new enterprise, our country rose to the eighth place in the world.

As a result, over the past 10 months of this year, 91,000 new businesses were created, or twice as much as in 2018.

But there is still much to be done.

It is necessary to address the shortcomings in the Doing Business - 2020 report, including the provision of land, construction and property registration.

That is why today’s videoconferencing meeting has highlighted the need for entrepreneurs to provide land through online auction and to facilitate interagency electronic information exchange on property registration. It was proposed to create a separate structure, which would be responsible for independent registration of property rights on the basis of foreign experience.

The President stressed that governors should spend 50% of their working time creating new small businesses and addressing the problems of existing businesses, and many leaders have criticized this for being indifferent and irresponsible.

While almost half of the 26,000 appeals received by the Prime Minister of the Republic of Uzbekistan are addressed directly at the district level, it is clear that citizens have to go to higher authorities to solve the problem. indicates.

The highest prevalence is in Samarkand, Tashkent, Khorezm, Andijan, Jizzakh and Kashkadarya regions.

Therefore, it was instructed that all regional and district governors should apply to entrepreneurs within two days.

Khokims personally guarantee that in the appeal no further obstacles will be posed to the entrepreneurs, all heads of the regions will be closely assisted, and will be constantly engaged in business issues.

The main content of the appeal is to inform our people that everything is for the entrepreneur. Therefore, the appeal was published on banners in the media, social networks and in the crowded areas, stating that telephone numbers of governors, sectors and heads of relevant agencies should be included.

In addition, it was noted that regional working groups should effectively work with local authorities and heads of sectors to promote entrepreneurship.

It is known that People’s Bank, Microcreditbank and Agrobank are responsible for financing state programs aimed at development of entrepreneurship.

At the meeting, heads of these financial institutions and regional working groups reported on their efforts to find and implement new business opportunities in the field.

It was noted that the interaction between the Agency for the Development of Small Business and Entrepreneurship and the Prime Minister’s Office of Entrepreneurs’ Appeals, Chamber of Commerce and Industry, Business Ombudsman, Commercial Banks and other competent agencies is still insufficient.

It was noted that all issues in this sphere should be solved jointly with khokimiyats, Agency for small business and entrepreneurship development, Chamber of Commerce and Industry, Entrepreneurship Support Fund and banks.

The head of our state stressed the need to give impetus to the creation of new production and service capacities with the participation of entrepreneurs in the field.

Today, production in 49 districts and very low levels of service in 63 districts is an indication that their existing potential, land, raw materials and labor resources are not fully mobilized.

That is why, under the leadership of the Ministry of Economy and Industry, permanent working groups for the development of industry and services have been established and networks are attached to them.

These structures were tasked with exploring the potential of each district and city along with networks, and developing a program of projects to create new capacities, infrastructure and services by 2020. It was noted that it is important to sell about 1.5 thousand state-owned and state-owned facilities throughout the country and to restore 70,000 entrepreneurial activities.

The State Customs Committee was instructed to start issuance of permits and certificates for export-import operations in electronic format through the Single Window customs information system starting from January 1 next year.

A special working group, headed by a business ombudsman, was instructed to fully import $ 305 million worth of equipment that has been imported by entrepreneurs over the past three years.

In the "Doing Business" rating in 2020 the tasks are to further improve the country’s position, including simplification of the system of licensing and certification.

The state budget and its revenues play an important role in the sustainable development of the country, the continued support of the social sphere.

In this regard, at the videoconference meeting the tax committee in November-December had insufficient tax revenues to its capacity: Nukus, Andijan, Bukhara, Jizzakh, Karshi, Namangan, Samarkand, Fergana, Urgench, Kokand and Zangiota. In Gijduvan, Urgut, Hazorasp and eleven districts of Tashkent, a new system of tax collection was entrusted.

As you know, a new edition of the Tax Code was developed with the participation of the International Monetary Fund, World Bank, foreign and national experts. From 1 October of this year, the value-added tax rate was reduced from 20% to 15%.

The next step in tax policy reform is to improve tax administration.

In this regard, it was emphasized the need to take measures to prevent tax evasion through covert activity using modern methods and information technologies. Consequently, a “road map” will be developed and implemented to drastically reduce the scope of the “shadow economy” in all areas. In particular, in the construction industry, a clear value-added tax system will be introduced to prevent tax evasion.

In addition, it was noted that with the launch of new 145 large capacities across the country, this year it is necessary to control production, which will bring additional revenue to the budget.

It is known that payments for services provided to the population and legal entities play an important role in ensuring the stability of the state budget.

As previously reported, by 2020 the procedure for the formation of the local budget will fundamentally change and the regions will independently decide their own expenses. In this regard, the governors will now have to create more small businesses and private businesses, increase their tax revenues and increase their responsibility to increase local budget revenues.

At the videoconferencing meeting, the heads and governors’ reports and suggestions were heard on the issues discussed.

WWW.UZA.UZ