TASHKENT, Uzbekistan, January 16. GDP losses from the shadow economy amount to 135 trillion soums ($10.9 billion), while state budget losses amount to 30 trillion soums ($24.2 billion), Shavkat Mirziyoyev said, Trend reports.
He spoke at a meeting on supporting macroeconomic stability and economic growth.
The president called the shadow economy the most pressing problem today. In the spheres of services, industry, and construction, products worth tens of trillions of soums remain "in the shadows.".
The head of state noted that 41 percent of construction companies indicated only one worker in their reports. At the same time, the volume of work performed by them amounted to 4 trillion soums ($323.9 million) last year. There is also one employee formally employed in 5,000 fruit and vegetable farms with 25 hectares of land and more.
Despite the work of 14 agencies involved in combating shadow economies and economic crime, there is no unified system of work to coordinate their activities.
The President was instructed to give additional powers to the Department for Combating Economic Crimes under the General Prosecutor's Office.
According to Shavkat Mirziyoyev, the department's work has been limited in the past due to a lack of investigative powers and a large number of legal conflicts in the legislation.
The department will become an agency for in-depth analysis, operational and investigative work, searches, and investigations, and its head will simultaneously hold the position of deputy prosecutor general. In addition, the department will receive modern information systems and special tools.
The department will seek fundamental changes in five areas of the economy: construction, pharmaceuticals, alcohol and tobacco trafficking, illegal imports, encashment, and illegal exports of capital.
In addition, a separate department for combating the shadow economy will be established in the Prosecutor General's Office as well as its regional divisions.