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Decree of the President “On Measures to Further Improve Settlement and Improve Financial Stability in the Fuel and Energy Sphere”

Decree of the President “On Measures to Further Improve Settlement and Improve Financial Stability in the Fuel and Energy Sphere” was adopted. According to the Decree, from August 1, 2019, the deduction of funds from the sale of natural gas and electricity to the Development Fund of the Compulsory Enforcement Bureau will be made at a rate of 5 percent, with VAT and excise tax deducted. Previously, deductions accounted for 10 percent of the funds received. By the end of 2019, the number of electricity connected to the automated control and metering system will be increased to 2.5 million, and by the end of 2020 100% of consumers will be connected to the system. For these purposes from the Fund allocated 100 billion soums. From January 1, 2020, the provision of part of the prosecution officers will be transferred from the Fund to the state budget. 

 

Source: https://t.me/leginf