Expenditure on the development of state bodies is to be increased by 662.5 million KGS

The draft budget provides for an increase in expenditure from budgetary funds of 662.5 million KGS. The additional funding is planned to be allocated to the development and logistical support of a number of state bodies.

The largest amount — 337.0 million KGS — is earmarked to replenish the Fund for the Development and Logistical Support of the Audit Chamber of Kyrgyzstan. The funds are allocated in accordance with the Constitutional Law ‘On the Audit Chamber of the Kyrgyz Republic’.

A further 323.3 million KGS is planned to be allocated to replenish the Fund for the Development and Logistical Support of the Tax Service.

104.8 million KGS have been earmarked for the newly established National Agency for Virtual Assets and Blockchain Technologies under the President of Kyrgyzstan.

In addition, 8.4 million KGS will be allocated to replenish the Fund for the Development and Logistical Support of the Department for Bankruptcy Affairs under the Ministry of Economy and Commerce.