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Uzbekistan’s State Budget Revenues Reached 103 Trillion Soums in Q1 2026

Bugun, 18:47
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In Q1 2026, steady growth in the revenues of the State Budget of the Republic of Uzbekistan was ensured. During the reporting period, budget revenues totaled 103 trillion soums, increasing by 35% compared to the same period last year.

As a result of the ongoing fiscal and tax policy, the financial capacity of local budgets continues to expand. In particular, funds retained at the disposal of local budgets increased by 21% and reached 2.2 trillion soums. At the same time, 1.1 trillion soums was transferred from the republican budget to local budgets in order to support the regions.

Regionally, the amounts retained by local budgets were as follows: Tashkent city — 858 bn soums, Fergana region — 243 bn soums, Samarkand region — 210 bn soums, Tashkent region — 157 bn soums, and Bukhara region — 132 bn soums.

In addition, as a result of land sales and privatization processes, an additional 572 bn soums was generated for local budgets.

Measures aimed at increasing financial independence at the district level also significantly expanded local budget capacity. In particular, district-level local budgets retained 1.4 trillion soums, which is nearly 4.2 times higher than the 346 bn soums recorded in the same period last year. Specifically, retained funds amounted to 57 bn soums each in Almazar and Yunusabad districts, 54.3 bn soums in Sergeli district, 34.4 bn soums in Alat district, 23.3 bn soums in Piskent district, and 22.3 bn soums in Navoi city.

Positive results were also recorded in tax revenues. In Q1, the Tax Committee ensured budget revenues of 63.6 trillion soums, exceeding approved forecast targets by 15%. This is 24%, or 12.1 trillion soums, higher than in the same period last year.

Regionally, tax revenues increased by 25%, or 5.4 trillion soums. In particular, growth reached 44% in Navoi region, 39% in Syrdarya region, 28% in both Tashkent and Khorezm regions, and 27% in Samarkand region.

Customs authorities also ensured steady growth in budget revenues. During the reporting period, revenues totaled 19.4 trillion soums, which is 3.2 trillion soums, or 20%, higher than in the same period last year.

These results confirm the effectiveness of the fiscal and tax reforms being implemented in the country, the continued expansion of regional financial capacity, and the consistent policy aimed at ensuring sustainable economic growth.

Center for Economic Research and Reforms Media Sector