The budget has grown, but cash reserves have shrunk. The Ministry of Finance has presented revised data

The Ministry of Finance has revised the budget parameters for the current year and presented updated figures. In simple terms, there is more money in the budget, but the “safety margin” has decreased.

Previously, the budget for the year looked like this: the state planned to receive 430.2 billion KGS and spend 405.9 billion KGS. The difference between income and expenditure of 24.3 billion KGS is a surplus.

After the revision, the picture changed. Now the budget shows total revenues of 605.5 billion KGS and total expenditures of 590.1 billion KGS. Thus, the state received and spent significantly more than it had originally planned.

However, along with the growth of the budget, the difference between revenues and expenditures decreased. The new surplus is 15.4 billion KGS, which is almost 9 billion KGS less than before. This means that the state will have less money “in reserve.”

As before, these funds are planned to be used for financial operations and repayment of the main part of the external public debt.