Kyrgyz President signed the law on republican budget for 2012
Bishkek, April 18 / Kabar /. Kyrgyz President Almazbek Atambaev signed the Law "On Republican Budget of the Kyrgyz Republic for 2012 and the forecast for 2013-2014". Deputy Minister of Finance Arzybek Kojoshev told at the presentation of the civilian budget.
The draft budget for 2012 was approved by Parliament March 15, 2012. Budget revenues will exceed 80 billion 579 million 864.5 thousand soms and expenditures - 96 billion 995 million 698.3 thousand soms, the budget deficit will be equal to 16 billion 415 million 833.8 thousand soms.
According to forecasts of the Cabinet, GDP growth is projected at 7.5% and inflation rate - 9%.