18:16
USD 87.00
EUR 90.55
RUB 0.84

Kyrgyzstan plans to launch digital and gold som in 2023

It is necessary to launch a gold and digital som from January 1, 2023. Head of the Council of the Cabinet of Ministers on Fiscal and Investment Policy, Akylbek Japarov, said at its meeting.

Finance Minister Almaz Baketaev presented a draft of the main directions of fiscal policy and the main parameters of the state budget for 2023-2027. It was noted that the main task of fiscal policy in the near future will be to reduce business contacts with government agencies, reduce the level of the shadow economy and increase state budget revenues by improving the revenue administration system.

Stimulating role of fiscal policy will be maintained in 2023-2027.

It will be aimed at mobilizing all resources, creating fair competitive conditions for entrepreneurship and diversification, modernization of production, as well as creating a predictable economic environment with a low level of influence from external conditions.

Akylbek Japarov stressed the importance of further work on fiscalization of tax and customs procedures, digitalization of public services and business processes.

«We are faced with the tasks of implementation of such strategic projects as the construction of Kambarata HPP-1 and China — Kyrgyzstan — Uzbekistan railway. In addition, it is necessary to open an IT university and create an IT campus,» he said.

As a result, the Cabinet of Ministers approved the draft main directions of fiscal policy for 2023-2027, including the medium-term budgetary framework and sectoral spending strategies. The control figures for the formation of the republican budget for 2023-2025 have also been approved.

Popular