Kyrgyz budget revenue to increase by 15 percent

Business Materials 23 January 2012 16:51 (UTC +04:00)

Azerbaijan, Baku, Jan. 23 / Trend V. Zhavoronkova/

Kyrgyzstan's budget revenue will increase by at least 15 percent in 2012, KyrTAG quotes Kyrgyz vice Prime minister Djoomart Otorbayev on Monday as saying.

"The Kyrgyz budget revenue is expected to rise by 15-40 percent, as it was last year," Otorbayev said.

He said Kyrgyzstan budget's expected income will amount to 78.7 billion soms, while the expenditures will hit 95.3 billion soms.

The budget deficit will amount to 16.6 billion soms.

The official exchange rate is 46.9312 soms (KGS) per $1.