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LAW OF THE KYRGYZ REPUBLIC

of January 30, 2023 No. 16

About the budget of Social fund of the Kyrgyz Republic for 2023 and planning period of 2024-2025

(as amended of the Law of the Kyrgyz Republic of 22.01.2024 No. 20)

Accepted by Jogorku Kenesh of the Kyrgyz Republic on December 29, 2022

Article 1.

1. Approve the budget of Social fund of the Kyrgyz Republic under the Cabinet of Ministers of the Kyrgyz Republic (further - Social fund of the Kyrgyz Republic) for 2023 according to the income in the amount 101777541, in 0 thousand som and to expenses in the amount 90719349, in 8 thousand som.

2. Establish budget surplus of Social fund of the Kyrgyz Republic for 2023 in the amount 11058191, of 2 thousand som.

Article 2.

Approve the budget of Social fund of the Kyrgyz Republic for planning period of 2024-2025 according to appendix 1.

Article 3.

Create revenues of the budget of Social fund of the Kyrgyz Republic for 2023 for acquisition account on sources according to appendix 2.

Article 4.

Establish funds for financing of expenses of the budget of Social fund of the Kyrgyz Republic for 2023 according to appendix 3.

Article 5.

Establish financing of Social fund of the Kyrgyz Republic from the republican budget taking into account expenses for payment of pension means for 2023 in the amount 37788980, of 1 thousand som.

Article 6.

1. Establish financing of Fund of compulsory medical insurance under the Ministry of Health of the Kyrgyz Republic for 2023 in the amount 4701524, of 7 thousand som.

2. Establish financing of Fund of improvement of workers for 2023 in the amount 738245, of 0 thousand som.

Article 7.

Approve the budget of the State accumulation pension fund for 2023 according to appendix 4.

Article 8.

This Law is subject to official publication and becomes effective since January 1, 2023.

President of the Kyrgyz Republic 

S. Zhaparov

Appendix 1

to the Law of the Kyrgyz Republic "About the budget of Social fund of the Kyrgyz Republic for 2023 and planning period of 2024-2025"

Budget of Social fund of the Kyrgyz Republic for 2023 and planning period of 2024-2025

(one thousand som)

Name

2022
(fact)

2023
(budget)

2023
(specified)

2024
(planning period)

2025
(planning period)

In total income

81563909,7

96229841,0

101777541,0

106982454,9

111853833,2

in % to GDP

8,9

10,4

9,4

8,5

7,6

including:

Pension fund

74493140,9

88723724,6

93232750,2

98035133,4

102519302,7

State accumulation pension fund

2914259,7

3109830,7

3499053,8

3663498,9

3822749,5

Fund of compulsory medical insurance

3695830,7

3910114,0

4490454,5

4702669,6

4905768,3

Fund of improvement of workers

460678,4

486171,7

555282,5

581153,0

606012,7

In total expenses

71181828,0

87968859,5

90719349,8

105323406,5

110347138,1

in % to GDP

7,7

9,5

8,4

8,4

7,5

including:

Pension fund

64210247,9

80462743,1

81780526,3

96376085,0

101012607,6

State accumulation pension fund

2914259,7

3109830,7

3499053,8

3663498,9

3822749,5

Fund of compulsory medical insurance

3541558,0

3910114,0

4701524,7

4702669,6

4905768,3

Fund of improvement of workers

515762,4

486171,7

738245,0

581153,0

606012,7

Deficit/surplus

10382081,7

8260981,5

11058191,2

1659048,4

1506695,1

GDP

919444600,0

926980600,0

1078655300,0

1258743800,0

1464343800,0

Appendix 2

to the Law of the Kyrgyz Republic "About the budget of Social fund of the Kyrgyz Republic for 2023 and planning period of 2024-2025"

Budget receipts of Social fund of the Kyrgyz Republic for 2023 and planning period of 2024-2025 on economic classification

(one thousand som)

Code

Name

2022
(fact)

2023
(budget)

2023
(specified)

2024
(planning period)

2025
(planning period)

1

Income

81563909,7

96229841,0

101777541,0

106982454,9

111853833,2

12

Fees/assignment on social security and social needs

51611185,0

54490788,0

62884800,0

65852000,0

68687500,0

1211

Insurance premiums in Social fund

51592637,2

54485788,0

62878000,0

65845000,0

68680500,0

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