The external audit and assessment were carried out based on information provided by the Ministry of Economy and Finance, the Treasury Committee, the State Tax Committee, the State Customs Committee, the Central Bank, and other relevant organizations.

The analysis shows that State Budget revenues amounted to UZS 359.8 trillion in 2025 (19.4% of GDP), representing a 31.1% increase compared to 2024.

Non-tax transfers totaling UZS 112.2 billion from the extra-budgetary funds of ministries and agencies were not transferred to the Republican Budget.

Tax arrears reached UZS 53.3 trillion, increasing by UZS 8.1 trillion (18%) compared to the beginning of the year. During the year, UZS 9.4 trillion in uncollectible tax arrears were written off.

The amount of overpaid taxes totaled UZS 13.1 trillion.

Legal entities and individuals benefited from tax incentives amounting to UZS 120.1 trillion and customs incentives totaling UZS 57.6 trillion.

State Budget expenditures reached UZS 383.9 trillion in 2025 (20.8% of GDP), representing a 23.5% increase compared to 2024.

Of this amount, UZS 180.4 trillion (47% of total expenditures) was allocated to social spending, UZS 84.2 trillion to education (18.1% increase), and UZS 43.3 trillion to healthcare (20.1% increase).

Expenditures for servicing and repaying public debt amounted to UZS 18.1 trillion, representing a 24.8% increase compared to 2024.

According to the report, as of 1 January 2026, the State Budget deficit stood at UZS 24,151.7 billion.

The total revenues of the state target funds amounted to UZS 73.8 trillion, budget transfers totaled UZS 57.9 trillion, and expenditures reached UZS 130.3 trillion.

As of 1 January 2026, the public debt amounted to USD 46.8 billion (31.9% of GDP), increasing by USD 6.6 billion (16.5%) compared to 1 January 2025.

Of this amount, USD 32.3 billion is to be repaid from the State Budget, while USD 14.5 billion is the responsibility of state-owned enterprises.

As of 1 January 2026, local budgets owed UZS 2,119.3 billion in budget loans to the Republican Budget, representing a 34% increase compared to the beginning of the year (UZS 1,578.1 billion).

Following the audit, the Chamber of Accounts prepared its official audit opinion on the report concerning the execution of the State Budget and the budgets of state target funds for 2025.

The audit opinion included the following practical recommendations:

introduce the Automatic Reporting Validator – AI-based Reporting Validator system to improve the targeted, efficient, and effective use of budget funds and enhance expenditure performance;

implement AI-based risk analysis and preliminary control mechanisms within the Treasury to detect potential violations related to budget cash expenditures before they occur;

gradually reform the intergovernmental transfer system by moving away from the "cost reimbursement" principle and introducing clear calculation formulas and performance indicators for each type of transfer;

develop specific targets and a roadmap to gradually reduce the share of foreign currencies in the composition of external public debt, including measures to develop the domestic market for debt instruments denominated in the national currency;

develop risk criteria for VAT refunds and ensure their automated identification through information systems.

Based on the results of the external audit and assessment, it was recommended that the Cabinet of Ministers submit the report on the execution of the State Budget and the budgets of state target funds for 2025 to the chambers of the Oliy Majlis for approval after addressing the identified deficiencies and errors.

In addition, relevant audit conclusions were submitted to the Council of Ministers of the Republic of Karakalpakstan, as well as to regional and Tashkent City administrations regarding the external audit and assessment of the annual reports on the execution of their respective local budgets.

Furthermore, instructions containing relevant recommendations were sent to the Ministry of Economy and Finance, the Ministry of Health, the Tax Committee, the Customs Committee, and other ministries to eliminate the identified deficiencies in revenue and expenditure execution, prevent their recurrence, and improve overall performance.

On 26 June of the current year, the Ministry of Economy and Finance hosted a meeting dedicated to discussing the results of the external audit.

The meeting was attended by S. Mirzaev, Deputy Chairman of the Chamber of Accounts, Deputy Ministers of Economy and Finance A. Khaydarov and J. Qurbonov, along with other responsible officials.

The participants also discussed the implementation of performance indicators related to the use of budget funds by ministries and agencies.

Following the discussion, responsible officials were instructed to eliminate the identified shortcomings, prevent similar cases in the future, fully implement the audit recommendations, and accelerate the digitalization of the sector.