During the meeting of the Collegium of the Ministry of Finance, attended by the Chairman of the Cabinet of Ministers and the Head of the Presidential Administration Adylbek Kasymaliev, the results of the work for 2025 were summarized.
Kasymaliev emphasized that the Ministry of Finance is finishing the year with significant achievements, noting that the economic growth and financial stability of the country have significantly increased in recent years.
According to him, compared to 2020, the budget of Kyrgyzstan has increased almost fivefold. The consolidated budget, which was about 247.8 billion soms in 2020, reached nearly 1 trillion 101 billion soms in 2025, he added, listing the factors contributing to this growth.
In particular:
- Economic growth: GDP increased from 8.3 billion USD in 2020 to over 22.6 billion USD in 2025;
- Improvement of tax administration: revenues of the Tax Service increased from 78 billion soms in 2020 to 304.3 billion soms in 2025;
- Significant increase in customs revenues: from 28.9 billion soms in 2020 to 157.4 billion soms in 2025;
- Non-tax revenues increased 8–9 times, amounting to about 189.4 billion soms in 2025 compared to 33 billion soms in 2020;
- Growth of the services sector, which exceeded 1 trillion soms, with a growth rate of 10.9%;
- Increase in revenues from Kumtor: from 2021 to 2025, after Kumtor came under state management, about 5 billion 115 million USD (over 400 billion soms) was received in the budget, of which about 1 billion 176 million USD (approximately 100.6 billion soms) were taxes and other payments, while additional dividends amounted to about 441 million USD (about 38.2 billion soms).
The head of the Cabinet noted that the increase in revenues also leads to an increase in expenditures, which allows for the implementation of large construction projects and the development of infrastructure, including roads and affordable housing.
"Previously, our budget was focused on social needs, and now it has become a development budget," noted Adylbek Kasymaliev.
As a result of the meeting of the Collegium, the Chairman of the Cabinet of Ministers gave the Ministry of Finance several assignments, among which one of the main tasks for 2026 is to increase the salaries of social sector workers, as well as to ensure the effective use of budget funds in the public procurement system.
