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Budget deficit in Kyrgyzstan to reach 9.1 billion soms in 2022

Deficit of the republican budget in 2022 is planned at the level of 9.1 billion soms, or 1.3 percent of GDP. The Finance Minister of Kyrgyzstan Almaz Baketaev announced at the parliamentary hearings today.

According to the draft budget, expenditures will amount to 212,685.2 billion soms, revenues — 203,563.5 billion soms next year.

The deficit is expected to decrease in 2023, and a surplus of 8.3 billion soms is planned for 2024.