The key facts

  • For 2027, 114.3 trillion soums (+14 trillion) is provided for education and 61.4 trillion (+12 trillion) for healthcare
  • Budget revenues for 2027 — 416 trillion soums, expenditures — 464 trillion, economic growth forecast — 7%
  • The draft budget will be discussed in local Kengashes and then submitted to the Legislative Chamber of the Oliy Majlis

Budget 2027: growth in social spending

President Shavkat Mirziyoyev held a meeting on the State Budget targets, macroeconomic forecasts and priorities of fiscal policy for 2027. As UzNews.uz reported, a total of about 176 trillion soums is planned to be allocated for financing reforms in education and healthcare. Daryo.uz specifies that this is 26 trillion soums more than provided for the current year.

Specific figures

Education is allocated 114.3 trillion soums — 14 trillion more than in the previous year; healthcare — 61.4 trillion soums, which is 12 trillion more. Another 70 trillion soums is envisaged for improving the infrastructure of regions and mahallas, increasing employment and incomes of the population, developing human capital and strengthening social protection.

Sustainability condition — growth of at least 7%

To sustainably finance social obligations, the meeting emphasized the need for annual economic growth of at least 7% by using existing reserves and new technological factors. Starting from 2027, tasks have been set to transition to a new model of economic growth, create high added value in every industry, raise labor productivity, expand export potential and increase the number of high-income jobs. Daryo.uz also notes that the social orientation of the budget will be preserved: economic development should improve people's well-being and expand access to quality education and medical services.

Budget parameters and next steps

According to the presented draft, State Budget revenues for 2027 are planned at 416 trillion soums and expenditures at 464 trillion soums; the document was formed based on a forecast of 7% economic growth. By the end of 2026, growth of at least 8% is expected, GDP will exceed $200 billion, and per capita income will reach $5.2 thousand. Long-term goals are to bring GDP to $300 billion by 2030 and per capita income to $10 thousand over the next decade. Following the meeting, the main directions of the draft budget were defined: in accordance with legislation, it will be discussed in local Kengashes and then submitted for consideration to the Legislative Chamber of the Oliy Majlis.