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LAW OF THE KYRGYZ REPUBLIC

of December 31, 2015 No. 233

About the republican budget of the Kyrgyz Republic for 2016 and the forecast for 2017-2018

(as amended of the Law of the Kyrgyz Republic of 22.12.2016 No. 214)

Accepted by Jogorku Kenesh of the Kyrgyz Republic on December 24, 2015

Article 1.

1. Approve the republican budget of the Kyrgyz Republic for 2016 according to the income in the amount 124847825, by 5 thousand som and to expenses in the amount 146871674, 1 thousand som according to appendix 2.

2. Establish the extreme extent of deficit of the republican budget of the Kyrgyz Republic for 2016 in the amount 22023848, of 6 thousand som according to appendix 2.

3. Direct to limiting covering of the extent of deficit of the republican budget of the Kyrgyz Republic for 2016 means of external and internal sources of financing in the amount 22023848, to 6 thousand som according to appendix 2.

Article 2.

1. Approve the forecast of the consolidated budget of the Kyrgyz Republic for 2016-2018 according to appendix 1.

2. Approve the forecast of key parameters of the republican budget of the Kyrgyz Republic for 2017-2018:

1) the forecast for the income for 2017 - in the amount 126828552, 6 thousand som, for 2018 - in the amount 129769117, 0 thousand som;

2) the forecast for expenses for 2017 - in the amount 150150490, one thousand som, for 2018 - in the amount 152113978, 5 thousand som;

3) the forecast of deficit of the republican budget of the Kyrgyz Republic for 2017 - in the amount 23321938, 3 thousand som, for 2018 - in the amount 22344861, 5 thousand som.

3. The government of the Kyrgyz Republic has the right to make refining of the forecast parameters of the republican budget of the Kyrgyz Republic approved for 2017-2018 in case of their acceptance for each specific period.

Article 3.

Create revenues of the republican budget of the Kyrgyz Republic for 2016 and the forecast for 2017-2018 for acquisition account on sources according to appendices 3 and 3-1.

Article 4.

Establish funds for financing of expenses from the republican budget of the Kyrgyz Republic for 2016 and the forecast for 2017-2018 according to appendices 4, 5 and 5-1.

Article 5.

1. Establish expenses according to the Program of the state investments for 2016-2018 according to appendix 7.

2. Approve amount of the funds allocated for financing of the capital investments in 2016 in the amount 8734076, by 9 thousand som and direct them to completion of the construction objects approved in the list for 2016 and previous years, considering their priority.

3. Direct 500000, 0 thousand som to payment of the budgetary funds provided to victims of natural disasters according to the state hypothecation certificates of the State agency of architecture, construction and housing and communal services under the Government of the Kyrgyz Republic.

4. Approve amount of the funds allocated for financing of the stimulating (equity) grants in 2016 in the amount 360427, by 2 thousand som, in 2017 - 500000, 0 thousand som, in 2018 - 600000, 0 thousand som. Establish priority of financing of the stimulating (equity) grants to the local government bodies receiving the grant from the republican budget.

Article 6.

1. Make in first-priority procedure financing of expenses 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 under the Government of the Kyrgyz Republic), and also on the state debt obligations.

2. Reduction of the amounts provided on the protected Articles in connection with formation of vacancies in budgetary institutions and acceptance of the regulatory legal acts which entailed change of their number of staff is allowed.

3. Confer responsibility on heads of the ministries, state committees, administrative departments and other state bodies for complete providing own expenses under the protected Articles according to this Law.

4. Recommend to local government bodies to perform financing of expenses of local budgets for 2016-2018 in first-priority procedure under the protected Articles and utilities.

Article 7.

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 of the Kyrgyz Republic;

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

2. In need of change and amendment can be performed before adoption of law on the relevant amendments to this Law in coordination with Committee on the budget and finance of Jogorku Kenesh of the Kyrgyz Republic according to resolutions and orders of the Government of the Kyrgyz Republic.

Article 8.

Establish turnover cash under the republican budget of the Kyrgyz Republic for January 1, 2016 in the amount 150000, of 0 thousand som.

Article 9.

1. Make financing from the republican budget of the Kyrgyz Republic for 2016 of the organizations which were earlier consisting on the budget of areas according to appendix 8.

2. Approve the forecast of the amount of financing from the republican budget of the Kyrgyz Republic for 2017-2018 of the organizations which were earlier consisting on the budget of areas according to appendices 8-1 and 8-2.

Article 10.

1. Establish for 2016 standard rates of assignments from:

1) nation-wide tax revenues: the income tax paid by the tax agent and the sales tax for local budgets of the cities and ayyl - in the amount of 50 percent;

2) tax on the basis of the voluntary patent, tax on the basis of obligatory patenting, receipt on the basis of the single tax - in the amount of 100 percent in the order of local budgets of the cities and ayyl;

3) tax for use of natural resources (royalty, except for strategic minerals: gold, oil, gas) in the corresponding local budgets of the cities and ayyl in the place of their developments (location) - in the amount of 50 percent;

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