Tashkent, Uzbekistan (UzDaily.com) — Under Uzbekistan’s Fiscal Strategy for 2026–2028, annual increases in public sector salaries, as well as pensions and allowances, will exceed the inflation rate. The measure aims to ensure steady growth in real household incomes and strengthen social protection.

Unlike the previous 2025–2027 strategy, which mandated indexation at no less than the rate of inflation, the new framework sets a more ambitious benchmark.

The Ministry of Economy and Finance also plans to tighten regulations on social tax benefits to secure stable funding for the Pension Fund. Until 2028, the services sector will continue to benefit from a preferential social tax rate of 1%, but it will apply only to employees under the age of 30 earning more than 3 million soums per month.

According to forecasts, state budget transfers to the Pension Fund will exceed 20 trillion soums in 2025 and rise to 26 trillion soums by 2028.