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Daniyar Amangeldiev: Fiscal reform has shown effectiveness

«Our fiscal reform has shown effectiveness,» Minister of Economy and Commerce of Kyrgyzstan Daniyar Amangeldiev said at a press conference.

According to him, the reforms are yielding results. Two new versions of the Tax Code have been adopted, as well as new tax regimes. The state is moving away from the license system and is moving to a stable accounting system.

«Today the growth rate of tax revenues is 28 percent, the growth rate of trade and services is 37 percent. This shows that our economy has started rehabilitating itself. All trade should be transparent. This gives us whitening of the economy and its predictability. It can be planned. The reforms were necessary. They should be continued to ensure the sustainability of economic growth,» Daniyar Amangeldiev said.

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