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Kyrgyzstan records increase in tax revenues to state budget

Kyrgyzstan Materials 10 November 2022 18:29 (UTC +04:00)
Aygun Maherramova
Aygun Maherramova
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Baku, Azerbaijan, November 10. Tax revenues to the state budget of Kyrgyzstan significantly increased from January through October 2022, Trend reports citing the press service of the State Tax Service of Kyrgyzstan.

According to the agency, revenues to Kyrgyzstan's state budget through the State Tax Service in the first10 months of this year reached 165.8 billion soms ($1.9 billion), which is 48.9 billion soms ($580.6 million) more than in the same period of 2021.

During the reporting period, the volume of taxes and payments to the state budget of Kyrgyzstan amounted to 125.2 billion soms ($1.4 billion), thus the State Tax Service of Kyrgyzstan fulfilled the established plan for tax revenues by 100 percent.

Meanwhile, the amount of insurance premiums received from January through October 2022 reached 40.5 billion soms ($481.8 million), which is 9.4 billion soms ($112 million) more compared to the corresponding period of last year.

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