At a meeting of the UzLiDeP faction in the Legislative Chamber of the Oliy Majlis, the outcomes of the official visit of the Prime Minister of the Italian Republic, Giorgia Meloni, to Uzbekistan were widely discussed.

Deputies, speaking about relations between Uzbekistan and Italy, particularly emphasized that in recent years the volume of trade has almost tripled due to the expansion of product varieties being supplied.

They also highlighted that the number of joint ventures and projects has doubled, and mutually beneficial cooperation has been established with Italy’s leading companies in metallurgy, electrical engineering, agriculture, livestock farming, tourism, and other sectors.

It was emphasized that the visit of the Prime Minister of the Italian Republic and the agreements reached within its framework mark a new stage in strengthening and further developing bilateral strategic partnership relations, as well as in expanding ties with the European Union member states.

The meeting also covered issues on the execution of the State budget of the Republic of Uzbekistan and the budgets of state-targeted funds for the results of 2024.

It was noted that the implementation of the State budget in 2024 was carried out within the parameters established by the Law “On the State Budget of the Republic of Uzbekistan for 2024”, which, despite the challenging situation in global trade, made it possible to ensure stable economic growth over the past year.

In particular, the gross domestic product grew by 6.5 percent compared to 2023, with services, the main driver of economic growth, increasing by 12.9 percent, the construction sector by 8.8 percent, and industry by 6.8 percent.

Deputies emphasized that the execution of the State budget was aimed at ensuring public welfare through stable economic growth, creating favorable conditions for every individual to realize their potential, and implementing environmental protection programs.

At the same time, it was noted that alongside the achieved results, certain shortcomings remained. In particular, despite sufficient allocations from the budget during the reporting period, some ministries and agencies failed to utilize the funds, which justifiably drew criticism entirely.

The meeting also covered the report on the execution of the State budget of the Republic of Uzbekistan and the budgets of state-targeted funds for the first quarter of 2025.

It was reported that despite the challenging situation in global trade, the gross domestic product increased by 6.8 percent compared to the same period of the previous year, industrial output by 6.5 percent, market services by 12.6 percent, construction works by 10.8 percent, and agricultural production by 3.8 percent.

It was also noted that during the reporting period, state budget revenues were executed at 104.5 percent, while expenditures amounted to 92 percent of the planned indicators, which demonstrates the stability of the budget.

During the discussions, alongside the achieved results, certain mistakes and shortcomings were critically assessed. Members of the faction presented several proposals and recommendations for addressing these shortcomings on time.

The issues on the agenda were thoroughly reviewed at the meeting, and the relevant decisions were adopted.