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LAW OF THE KYRGYZ REPUBLIC

of April 17, 2012 No. 41

About the republican budget of the Kyrgyz Republic for 2012 and the forecast for 2013-2014

(as amended on 31-12-2012)

Accepted by Jogorku Kenesh of the Kyrgyz Republic on March 15, 2012

Article 1.

1. Approve the republican budget of the Kyrgyz Republic for 2012 according to the income in the amount 79 916 949, by 2 thousand som and to expenses in the amount 101 521 743, 9 thousand som (including grant means within the budget of development in the amount 5 272 930, by 0 thousand som).

2. Establish the extreme extent of deficit of the republican budget of the Kyrgyz Republic in the amount 21 604 794, of 7 thousand som.

3. Direct to limiting covering of the extent of deficit of the republican budget of the Kyrgyz Republic for 2012 means of external and internal sources of financing in the amount 21 604 794, to 7 thousand som.

Article 2.

1. Approve the forecast of key parameters of the republican budget for 2013-2014 of the Kyrgyz Republic.

2. The forecast for the income for 2013 - in the amount 86 160 761, 3 thousand som (including grant means within the budget of development in the amount 3 216 064, 3 thousand som), for 2014 - in the amount 97 597 577, 4 thousand som (including grant means within the budget of development in the amount of the 890th 856, 8 thousand som).

3. The forecast for expenses for 2013 - in the amount 99277 800, 0 thousand som, for 2014 - in the amount 108 646 700, 0 thousand som.

4. The limiting forecast of the extent of deficit of the republican budget of the Kyrgyz Republic for 2013 - in the amount 13 117 000, 0 thousand som, for 2014 - in the amount 11 049 100, 0 thousand som.

5. The approved forecast parameters of the republican budget for 2013-2014 are subject to refining in case of their acceptance in each specific period.

Article 3.

Revenues of the republican budget of the Kyrgyz Republic for 2012 and the forecast for 2013-2014 are created for acquisition account on sources according to appendices 1-1, 1-2 and 1-3.

Article 4.

Funds for financing of expenses from the republican budget of the Kyrgyz Republic for 2012 and the forecast for 2013-2014 to establish according to appendices 2, 2-1.

Article 5.

1. The budget of development of the Kyrgyz Republic for 2012 and the forecast for 2013-2014 is established according to appendix 3.

2. To perform means for financing of the capital investments in 2012 for the account:

1) internal sources - 3 316 422, 4 thousand som;

2) external sources - 16 095 093, 6 thousand som.

3) to Establish priority of financing of the stimulating (equity) grants to subsidized local government bodies.

Article 6.

1. Financing of expenses is made in first-priority procedure under the protected Articles (the salary, contributions to Social fund of the Kyrgyz Republic, medicines, food, benefits to needy families, social benefits, grants and contributions to Fund of compulsory medical insurance), and also on the state debt obligations and indexation of deposits of the population.

2. The protected expenditure items can be reduced in connection with vacancies in the number of staff of budgetary institutions and acceptance of regulatory legal acts.

3. Responsibility for financing and target use of expenditure items is assigned to the ministries and departments.

4. Recommend to local government bodies to perform financing of expenses of local budgets for 2012-2014 in first-priority procedure under the protected Articles and utilities.

Article 7.

1. Establish:

1) funds for catering services of pupils of 1-4 classes of comprehensive schools of the Kyrgyz Republic (except for the cities of republican value) for 2012 in the amount of the 475th 000, 0 thousand som;

2) regulation of food of pupils of 1-4 classes of the comprehensive schools of the Kyrgyz Republic located in severe, adverse climatic conditions of highlands and the remote remote zones at the rate of 10 som a day on 1 pupil.

2. Responsibility for timely and target use of the allocated funds for catering services of pupils of 1-4 classes of comprehensive schools is born by local government bodies and local public administrations of the Kyrgyz Republic.

3. The saved means from catering services of pupils of 1-4 classes of comprehensive schools of the Kyrgyz Republic return to the republican budget.

Article 8.

1. The government of the Kyrgyz Republic has the right:

1) to make changes to appendices to this Law within the amounts approved by article 1 of this Law if it does not lead to reduction of revenues of the republican budget;

2) to bring amendments in the mutual calculations of the republican budget of the Kyrgyz Republic with budgets of local self-government following from the regulatory legal acts adopted by relevant organs and also changes of production volumes (works, services), price levels, structural changes;

3) to consider increase in account part of the republican budget due to superforecast receipts of state revenues.

2. The changes and amendments made by the Government of the Kyrgyz Republic in appendices to this Law are considered and accepted by Jogorku Kenesh of the Kyrgyz Republic.

Article 9.

Establish turnover cash under the republican budget of the Kyrgyz Republic for January 1, 2012 in the amount of the 150th 000, of 0 thousand som.

Article 10.

472, 1 thousand som to make financing from the republican budget of the Kyrgyz Republic for 2012 of the organizations which are earlier consisting on the budget of areas in the total amount of the 186th according to appendix 4.

Article 11.

To transfer the budgetary institutions financed from local budgets of areas to financing from the republican budget with transfer them in maintaining the relevant ministries and departments.

Article 12.

1. Establish for 2012 standard rates of assignments from planned receipts of the income tax paid by the tax agent for local budgets:

1) the cities of republican value - in the amount of 50 percent;

2) the cities of regional value - in the amount of 40 percent;

3) the cities of district value - in the amount of 40 percent;

4) ayyl - in the amount of 10 percent.

2. Enlist the sales tax in local budgets:

1) the cities of republican value - in the amount of 50 percent;

2) the cities of regional value - in the amount of 50 percent;

3) the cities of district value - in the amount of 25 percent;

4) ayyl - in the amount of 25 percent.

3. Tax for use of natural resources (royalty, except for strategic minerals: gold, oil, gas) to enlist in local budgets of the cities of republican value, the cities of regional value, the cities of district value, ayyl in the amount of 50 percent.

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