Analysis of business activity is monthly calculated by CERR on the basis of operational data (monitoring in all regions of the republic, according to the data of the State Customs Committee, the State Tax Committee, the Central Bank and the UzEx).
The volume of tax revenues in the republic as a whole increased by 12.5% compared to the same period last year, which indicates an expansion of economic activity.
The highest growth rates of tax revenues were recorded in the Republic of Karakalpakstan (18.3%), Surkhandarya (13.6%), and Khorezm (6.6%) regions.
Significant growth is observed in such key tax sources as income tax by 18%, property tax by 38% and land tax by 31%.
Customs receipts increased by 14.5%, which indicates the intensification of foreign economic activity.
According to the information provided, the largest increase in customs revenues was recorded in the Kashkadarya and Jizzakh regions by 2.7 and 2.2 times, respectively, as well as in the Bukhara region by 65%.
This growth was driven by an increase in the volume of imported products for a number of key commodity items, such as transport equipment and components, technical equipment, metal and metal products, electrical engineering and components.
The volume of exports of goods has increased by 8.8% since the beginning of this year compared to the same period last year. The largest export growth was observed in the following regions: Surkhandarya by 58.8%, Navoi by 55.1%, Kashkadarya by 38.1% and in the Republic of Karakalpakstan (by 31.3%).
The volume of loans issued by commercial banks has increased by 9.5% since the beginning of the year.
The largest increase in the issuance of loans was noted in Navoi by 18.6%, Tashkent by 14.5% and in Tashkent by 19.5%.
The volume of transactions on the UzEx increased by 32.4% during the analyzed period. The largest increase in exchange activity was observed in the following regions, the Republic of Karakalpakstan by 2.2 times, Syrdarya and Jizzakh regions by 2 times, respectively.
The growth in transaction volumes in these regions was achieved by increasing the sale of goods such as cotton fiber, technical seeds, construction and household materials, diesel fuel, automobile gasoline, wheat, mineral fertilizers and other products.
The number of new business entities established in Uzbekistan amounted to 41.4 thousand.
The largest number of new enterprises and organizations is registered in Tashkent (8.2 thousand), then in Samarkand (about 4 thousand) and Khorezm (3.5 thousand) regions.
The data of comprehensive monitoring indicate a significant increase in tax and customs revenues, export volumes and lending, as well as activity on the UzEx, which generally indicates an increase in business activity in the regions of the country.
Sultonmurod Ozodov, CERR
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