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    Published

    04/02/2025, 10:17

    Budget revenues for the year more than doubled

    According to the results of January-February 2025, the budget revenues of Kyrgyzstan amounted to 118 billion 856.8 million KGS. Including 110 billion 53.5 million KGS of the republican budget revenues and 9 billion 872.1 million KGS - local budgets. 
    Such data is given by the Ministry of Finance.

    Of the total amount, tax revenues collected by the state tax and customs services amounted to 61.04 billion KGS. The tax service replenished the budget by 41.1 billion KGS and the customs service by another 19.9 billion KGS.

    Compared to the same period of 2024, tax revenues increased by 24.7% or 12.1 billion KGS. The State Tax Service showed the highest growth, increasing collections by almost 35%.

    Interestingly, the share of taxes in total budget revenues decreased to 51.4%. A year earlier this indicator amounted to 87.5%. In other words, the two-fold increase in budget revenues in January-February is due not only to the growth of tax revenues, but also to other factors, the main of which were dividends and profits, in particular, transferred by the National Bank.

    On February 19, the National Bank transferred 45 billion 696.7 million KGS to the budget, which is 100% of its profit by the end of 2024. In the same period of 2024, there were no receipts from the National Bank, as the transfer of dividends to the budget occurred only in June.


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