Number of small businesses in Uzbekistan grows by 7.8%
28/04/2014 14:48
Number of small businesses in Uzbekistan grows by 7.8%
28/04/2014 14:48
Tashkent, Uzbekistan (UzDaily.com) -- Number of newly created small businesses (without farms and dehkan farms) rose by 7.8% in the first quarter of 2014, the article, published by Ministry of Economy and State Statistics Committee of Uzbekistan said.
Share of income from small businesses in total income of population grew from 44% to 46.3% and the volume of receipts from single tax of micro firms and small businesses to the State Budget of Uzbekistan rose by 22.6%.
Largest number of small businesses was created in industry (25.7% from total number), trade and catering (29.2%), construction (13.2%). Total number of operating small businesses rose by 4.5% year-on-year in the first quarter of 2014.
In the reporting period, about 62 state assets were sold to small businesses, while 15,400 unused premises were rented to the private sector.
Commercial banks issued loans and microloans for 2.1 trillion soums to small and private businesses in the first quarter of 2014, which rose by 1.3 times. The used loans of international financial institutions rose by 1.2 times to US$22.1 million.
Through exchange trade, small enterprises realized own products for 270.4 billion soums in the first quarter (+1.8 times), which made up 13.5 of total volume of exchange turnover. The small businesses purchased goods for 894.5 billion soums (+1.5 times).
The volume of public procurement via electronic trade of small businesses reached 63 billion soums or 95.4% from total volume of public procurement in the first three months of 2014.
Number of accredited small businesses on supply of their goods and services on the public procurement made up 8,754 units in January-March 2014, which rose by 10.4% year-on-year.
In the result of measures on introduction of submission of electronic statistic, tax, financial and other reports, currently 88.6% of business entities submit their statistic reports in electronic form and 95% - tax reports, as well as 95% of cargo customs declarations.
Share of small businesses in GDP grew from 40.5% in the first quarter of 2013 to 41% in January-March 2014, industry – from 26.4% to 26.8%, paid services – 37.2% to 42.7% and employment – 75.5% to 76%.
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