According to the draft state budget presented by the Ministry of Economy and Finance, Uzbekistan’s GDP is expected to increase by 6% next year. Economic growth is projected to continue at 6.1% in 2026 and 6.3% in 2027.
Inflation rates are anticipated to decrease to 7% in 2025, 5-6% in 2026, and 5% in 2027. The ministry also plans to implement measures to ensure that the country’s public debt does not exceed 60% of GDP.
The Ministry of Finance has outlined that next year’s consolidated budget revenues will total 431.1 trillion soums, while expenditures will reach 480.3 trillion soums. Budget revenues are estimated at 308.5 trillion soums and expenditures at 290.2 trillion soums.
Next year, the volume of external borrowings under state guarantees is expected to amount to $5.5 billion. Of this, $3 billion will be allocated to support the budget, and $2.5 billion will be used for investment projects.
Kursiv Uzbekistan reports that the International Monetary Fund predicted the Uzbek economy would grow by 5.7%.
