Uzbekistan plans to raise the limit for consolidated state budget deficit from current 3 percent to 5 percent of gross domestic product (GDP) in 2023, a draft presidential decree announced on Tuesday said.
The draft document published for public discussion is a part of the larger draft presidential decree on the implementation of the Uzbekistan-2030 Strategy.
The draft strategy proposes ensuring 5.3 percent to 5.5 percent of GDP growth this year and keep inflation within 9 percent to 9.5 percent.
Uzbekistan-2030 Strategy contains 100 goals in 5 areas, including increasing GDP to 160 billion U.S. dollars and bring per capita income to 4,000 dollars by 2030.