The Ministry of Finance presented the 20 largest taxpayers in Uzbekistan. These companies are projected to contribute 47.3% of total revenues of the state budget in 2021, the draft Citizens Budget 2021 noted.
Navoi Mining and Metallurgical Complex (NMMC) - 20.1%
Olmalik Mining and Metallurgical Complex (OMMC) - 6.4%
Uzbekneftegaz - 5.1%
Uztransgaz - 3.3%
LUKOIL Overseas Supply and Trading - 3.1%
JSC Uzbekenergo - 2.3%
UzBat - 1.7%
UzAuto Motors - 1.5%
Unitel (Beeline) - 0.5%
Coscom (Ucell) - 0.5%
Kizilkumcement - 0.5%
Uztelecom - 0.5%
Uz-Kor Gas Chemical - 0.4%
Shurtan Gas Chemical Complex - 0.3%
Toshkentsharob - 0.3%
Universal Mobile System (Mobiuz) - 0.2%
Uzbekistan Airways - 0.2%
Tashkent Tobacco - 0.2%
Uzmetkombinat - 0.1%
Okhangaroncement - 0.1%
The buudget revenues are increasingly dependent on the large taxpayers. In 2019, top 20 taxpayers were projected to generate nearly 37.5% of revenues.
Then, for example, the share of NMMC was 6.8%, AGMK - 3.6%, Lukoil - 4.5%, Uzbekneftegaz - 5.1%. The list also included the Fergana Oil Refinery - 1%, the Bukhara Oil Refinery - 1.3%, Shurtanneftegaz - 1%, Muborak Neftegaz - 1.4%.
Next year, the economic growth is projected at 5.1%, inflation is expected in the range of 9-10%. The Ministry of Finance believes that economic activity and aggregate demand will approach pre-crisis levels by the end of 2021.
