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Finance 27/11/2010 Uzbek parliament’s lower house passes state budget for 2011
Uzbek parliament’s lower house passes state budget for 2011
Tashkent, Uzbekistan (UzDaily.com) -- Legislative Chamber of Oliy Majlis of Uzbekistan approved State Budget of the country for 2011 and passed the corresponding resolution on 26 November 2010.

First Deputy Prime Minister and Finance Minister of Uzbekistan Rustam Azimov made a report on the issue, the press service f the lower house of parliament said.

Budget is directed at ensuring macroeconomic stability and sustainable growth of the gross regional product (GDP), formation of modernized, diversified and competitive economy, further increasing well-being and level of population lives.

The document was developed taking into account implementation of Anti-crisis programme on preventing and neutralizing consequences of global financial-economic crisis for 2009-2012.

The State Budget for 2011 envisages structural reforms and development of economy through effective investment policy, technical and technological re-equipment of important production industries, improvement of tax administration, directed at supporting activity of business entities. The budget also pays attention to solving social issues.

Fractions of political parties and MPs from group of Ecologic Movement of Uzbekistan participated at discussions of the main financial document of the country for 2011.

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