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THE KYRGYZ REPUBLIC BUDGET

https://doi.org/10.26794/2587-5671-2017-21-2-89-93

Abstract

The article analyzes the main indicators of the GDP and the republican budget of the Kyrgyz Republic over the last 25 years. It proves that there is a direct link between the budget, living standards and the rational use of national wealth. The listed statistical data show that drastic measures should be taken to change the social and economic situation in the republic. One of the main conditions for further development is the availability of accurate information about the national wealth of the republic. Therefore, to determine further actions, it is necessary, in the first place, to make an inventory, identification, registration and re-evaluation of the national wealth. Moreover, it is needed to carry out deeper reforms of the budget process, to improve financial and fiscal relations in order to optimize budget expenditures with the aim to reach goals set by the government.

About the Author

A. O. Kozhoshev
Minister of Economy of the Kyrgyz Republic
Russian Federation


References

1. Musakozhoev Sh.M., Kamchybekov T.K., Zhaparov A.U. Ekonomika Kyrgyzstana za 25 let [Economy of Kyrgyzstan for last 25 years]. Bishkek, Turar, 2016, 9 p. (in Russian).

2. Ukaz Prezidenta Kyrgyzskoi Respubliki «O chrezvychainykh merakh po ukrepleniiu gosudarstvennoi i finansovoi distsipliny» ot 10.02.1994. № UP 19 [Decree of the President of the Kyrgyz Republic “On Emergency Measures to Strengthen State and Financial Discipline” of 10.02.1994 No. UP 19] (in Russian).

3. Zakon Kyrgyzskoi Respubliki «Ob osnovnykh polozheniiakh Kaznacheistva Kyrgyzskoi Respubliki» ot 28.05.1994 № 1553-XII [Law of the Kyrgyz Republic “On the main provisions of the Treasury of the Kyrgyz Republic” of 28.05.1994 No. 1553-XII] (in Russian).

4. Zakon Kyrgyzskoi Respubliki «Ob osnovnykh printsipakh biudzhetnogo prava v Kyrgyzskoi Respublike» ot 11.06.1998 №78 [Law of the Kyrgyz Republic “On the basic principles of budgetary law in the Kyrgyz Republic” of 11.06.1998 no. 78].

5. Biudzhetnaia klassifikatsiia Kyrgyzskoi Respubliki (prikaz Ministerstva finansov Kyrgyzskoi Respubliki ot 30.03.2012 № 62-p) [Budget classification of the Kyrgyz Republic (Order of the Ministry of Finance of the Kyrgyz Republic of 30.03.2012 no. 62-p)].


Review

For citations:


Kozhoshev A.O. THE KYRGYZ REPUBLIC BUDGET. Finance: Theory and Practice. 2017;21(2):89-93. (In Russ.) https://doi.org/10.26794/2587-5671-2017-21-2-89-93

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ISSN 2587-5671 (Print)
ISSN 2587-7089 (Online)