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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

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 96229841, in 0 thousand som and to expenses in the amount 87968859, in 5 thousand som.

2. Establish budget surplus of Social fund of the Kyrgyz Republic for 2023 in the amount 8260981, of 5 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 41356789, of 4 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 3910114, of 0 thousand som.

2. Establish financing of Fund of improvement of workers for 2023 in the amount 486171, of 7 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

2021 (fact)

2022 (the specified budget)

2023 (project)

2024 (planning period)

2025 (planning period)

In total income

62554230,8

78375625,3

96229841,0

101453894,2

107107328,1

in % to GDP

8,7

9,5

10,4

9,9

9,5

including:

Pension fund

57285815,2

71728847,3

88723724,6

93507763,5

98692459,3

State accumulation pension fund

2181151,6

2728722,0

3109830,7

3296326,5

3494834,5

Fund of compulsory medical insurance

2742094,3

3484760,5

3910114,0

4135646,2

4376164,5

Fund of improvement of workers

345169,7

433295,5

486171,7

514158,0

543869,8

In total expenses

60758565,1

72489930,9

87968859,5

93106394,2

99671749,9

in % to GDP

8,4

8,8

9,5

9,1

8,8

including:

Pension fund

55623278,8

65548381,9

80462743,1

85160263,5

91256881,1

State accumulation pension fund

2181151,6

2728722,0

3109830,7

3296326,5

3494834,5

Fund of compulsory medical insurance

2742079,3

3541558,0

3910114,0

4135646,2

4376164,5

Fund of improvement of workers

212055,4

671269,0

486171,7

514158,0

543869,8

Deficit/surplus

1795665,7

5885694,4

8260981,5

8347500,0

7435578,2

GDP

723122200,0

824948900,0

926980600,0

1021904400,0

1127484800,0

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

2021 (fact)

2022 (the specified budget)

2023 (project)

2024 (planning period)

2025 (planning period)

1

Income

62554230,8

78375625,3

96229841,0

101453894,2

107107328,1

12

Fees/assignment on social security and social needs

38407918,6

48555246,3

54490788,0

57624990,8

60965744,6

1211

Insurance premiums in Social fund

38356637,5

48545046,2

54485788,0

57619990,8

60960744,6

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