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ORDER OF THE GOVERNMENT OF THE KYRGYZ REPUBLIC

of July 14, 2016 No. 395

About the Forecast of social and economic development of the Kyrgyz Republic for 2017 and 2018-2019

For the purpose of determination of macroeconomic parameters of development for 2017 and for 2018-2019, according to the Law of the Kyrgyz Republic "About the state forecasting of social and economic development of the Kyrgyz Republic", articles 10 and 17 of the constitutional Law of the Kyrgyz Republic "About the Government of the Kyrgyz Republic" the Government of the Kyrgyz Republic decides:

1. Approve the Forecast of social and economic development of the Kyrgyz Republic for 2017 and 2018-2019 according to appendix.

2. To the ministries, the state committees, administrative departments, other executive bodies, offices of plenipotentiaries of the Government of the Kyrgyz Republic in areas, the city halls of the cities of Bishkek and Osh (in coordination):

- in a month to develop departmental plans for providing the approved target indicators of social and economic development of the Kyrgyz Republic;

- for the purpose of providing the macroeconomic forecast for 2017 to pay attention to high-quality implementation of measures for the following directions:

effective use of membership of the Kyrgyz Republic in the World Trade Organization, and also benefits from the status of the beneficiary of the General preferential system plus (VSP+);

elimination of the administrative barriers limiting intensive development of entrepreneurship and investment in the territory of regions;

retrofitting and upgrade of production capacities for the purpose of decrease in importozavisimost;

creation of conditions for energy saving stimulation;

- on monthly basis to perform monitoring of accomplishment of target indicators of social and economic development of the Kyrgyz Republic for 2017;

- monthly, no later than the 15th following the accounting period to provide in the Ministry of Economics of the Kyrgyz Republic information on the course of accomplishment of target indicators of social and economic development of the Kyrgyz Republic in 2017.

3. To the Ministry of Agriculture, the food industry and melioration of the Kyrgyz Republic together with plenipotentiaries of the Government of the Kyrgyz Republic in areas to take measures on:

- to attraction of new technologies in processing industry, to expansion of network of greenhouse facilities and systems of drop irrigation;

- to increase in acreage under it is export the oriented agricultural products.

4. To the Ministry of Finance of the Kyrgyz Republic:

- when forming the draft of the republican budget of the Kyrgyz Republic for 2017 and the forecast for 2018-2019 to assume as a basis the approved macroeconomic indicators of development of the Kyrgyz Republic for 2017 and 2018-2019;

- develop and realize measures for strengthening of the budget discipline, ensuring balance of the budget, control of efficiency of the public expenditures;

- carry out the analysis of account part of budgets of state bodies on permanent basis and following the results of every half-year to introduce in Government office of the Kyrgyz Republic the analytical report with recommendations about optimization of the public expenditures.

5. To the Ministry of Economics of the Kyrgyz Republic quarterly to generalize results of monitoring of accomplishment of target indicators of social and economic development of the Kyrgyz Republic by the ministries, administrative departments, offices of plenipotentiaries of the Government of the Kyrgyz Republic in areas, the city halls of the cities of Bishkek and Osh and no later than the 25th following the accounting period, to provide in Government office of the Kyrgyz Republic information on accomplishment of target indicators of social and economic development of the Kyrgyz Republic in 2017.

6. Recognize invalid:

- the order of the Government of the Kyrgyz Republic "About the Forecast of social and economic development of the Kyrgyz Republic for 2016 and 2017-2018" of June 12, 2015 No. 354;

- the order of the Government of the Kyrgyz Republic "About modification of the order of the Government of the Kyrgyz Republic "About the Forecast of social and economic development of the Kyrgyz Republic for 2016 and 2017-2018" of June 12, 2015 No. 354" of August 21, 2015 No. 597.

7. To impose control of execution of this resolution on the relevant departments of Government office of the Kyrgyz Republic.

8. This resolution becomes effective after seven days from the date of official publication.

Prime Minister

S.Zheenbekov

Appendix 1

to the Forecast of social and economic development of the Kyrgyz Republic for 2017 and 2018-2019

The forecast of social and economic development of the Kyrgyz Republic for 2017 and 2018-2019

Name

 

Unit

measurements

2015

2016

2017

Including:

2018

2019

predv. fact

ozhid.

forecast

January. - March

January. - June

January. - Saint.

forecast

forecast

I. Production of GDP:

Nominal GDP

one million som

423635,5

454389,0

494444,3

85884,0

194250,5

342658,0

541404,8

598645,9

Rate of actual growth, in % by the corresponding period of previous year

%

103,5

102,7

102,9

103,1

102,2

102,0

103,5

104,9

Deflator, in % by the corresponding period of previous year

%

102,2

104,4

105,8

105,7

105,4

105,4

105,8

105,5

Value added

 

 

 

 

 

 

 

 

 

Industry

one million som

64959,7

69103,0

70533,4

14467,7

27959,9

44076,9

73566,1

79737,0

Rate of actual growth, in % by the corresponding period of previous year

%

95,8

101,4

96,8

101,9

101,0

96,0

99,0

105,6

Agricultural industry, forestry and fishery

one million som

59395,6

62166,4

66966,7

7323,6

19460,5

54631,7

72219,1

78175,6

Rate of actual growth, in % by the corresponding period of previous year

%

106,2

101,5

102,2

100,6

101,5

102,3

102,7

103,1

Construction

one million som

35322,9

39253,2

44895,6

5633,4

14067,3

26594,3

52081,6

60750,3

Rate of actual growth, in % by the corresponding period of previous year

%

113,9

108,1

110,4

104,2

106,5

110,1

112,3

112,7

Service industry

one million som

212901,9

229132,5

252529,0

46327,0

103516,3

167231,5

278449,1

308143,1

Rate of actual growth, in % by the corresponding period of previous year

%

103,7

102,6

103,6

101,7

102,0

102,4

103,4

103,7

Net taxes on products and import

one million som

51055,4

54733,9

59519,5

12132,3

29246,5

50123,6

65088,9

71840,0

Reference:

 

 

 

 

 

 

 

 

 

GDP without the companies for mining Kumtor

one million som

393351,6

423083,5

464362,7

79815,1

183930,7

326216,6

512056,8

567028,1

Rate of actual growth, in % by the corresponding period of previous year

%

104,5

103,0

104,0

103,2

100,6

101,6

104,2

104,7

Deflator, in % by the corresponding period of previous year

%

102,0

104,5

105,5

105,9

107,3

106,9

105,8

105,8

II. Use of GDP (1):

Final consumption

one million som

447686,0

473137,2

514730,6

-

-

-

564395,6

621404,3

Including:

 

 

 

 

 

 

 

 

 

Private consumption

one million som

373507,4

395910,4

432460,9

-

-

-

475972,7

526752,8

Rate of actual growth, in % by the corresponding period of previous year

%

99,0

101,7

103,2

-

-

-

103,8

104,2

Price index, in % by the corresponding period of previous year

%

98,1

104,2

105,8

-

-

-

106,0

106,2

State consumption

one million som

74178,6

77 226,8

82 269,7

-

-

-

88 422,9

94 651,5

Rate of actual growth, in % by the corresponding period of previous year

%

100,2

99,5

100,5

-

-

-

101,3

100,7

Price index, in % by the corresponding period of previous year

%

105,8

104,6

106,0

-

-

-

106,1

106,3

Gross investments (2)

one million som

135671,6

146042,3

159766,8

-

-

-

176142,0

195062,1

Rate of actual growth, in % by the corresponding period of previous year

%

87,4

102,7

103,9

-

-

-

104,5

105,4

Price index, in % by the corresponding period of previous year

%

105,4

104,8

105,3

-

-

-

105,5

105,1

Including:

 

 

 

 

 

 

 

 

 

State investments

one million som

32 831,0

44 591,6

43647,8

-

-

-

39 329,4

37 255,6

From them: Program of the state investments (PGI external)

one million som

15 642,0

43 540,0

42264,3

-

-

-

37 535,3

35 891,4

Private investments

one million som

102840,6

101450,7

116119,0

-

-

-

136812,7

157806,5

Net commodity export and services

one million som

- 159722,0

- 164791,8

- 180054,5

-

-

-

- 199134,6

- 217822,5

Including:

 

 

 

 

 

 

 

 

 

Commodity export and services

one million som

152207,5

152125,7

162915,3

-

-

-

177399,4

194358,0

Rate of actual growth, in % by the corresponding period of previous year

%

94,9

95,1

101,8

-

-

-

103,3

104,2

Price index, in % by the corresponding period of previous year

%

106,9

105,1

105,2

-

-

-

105,5

105,1

Commodity import and services

one million som

311929,6

316917,5

342969,9

-

-

-

376533,9

412180,5

Rate of actual growth, in % by the corresponding period of previous year

%

87,0

96,9

102,8

-

-

-

103,7

103,1

Price index, in % by the corresponding period of previous year

%

102,1

104,8

105,3

-

-

-

105,9

106,1

III. Social indicators

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