LAW OF THE KYRGYZ REPUBLIC

of December 22, 2016 No. 215

About the republican budget of the Kyrgyz Republic for 2017 and the forecast for 2018-2019

Accepted by Jogorku Kenesh of the Kyrgyz Republic on November 30, 2016

Article 1.

1. Approve the republican budget of the Kyrgyz Republic for 2017 according to the income in the amount 139889140, by 3 thousand som and to expenses in the amount 161333262, 4 thousand som according to appendix 1.

2. Establish the extreme extent of deficit of the republican budget of the Kyrgyz Republic for 2017 in the amount 21444122, of 1 thousand som according to appendix 1.

3. Direct to limiting covering of the extent of deficit of the republican budget of the Kyrgyz Republic for 2017 means of external and internal financing sources in the amount 21444122, to 1 thousand som according to appendix 1.

Article 2.

1. Approve the forecast of the consolidated budget of the Kyrgyz Republic for 2017-2019 according to appendix 2.

2. Approve the forecast of key parameters of the republican budget of the Kyrgyz Republic for 2018-2019:

1) the forecast for the income for 2018 - in the amount 140882232, 2 thousand som, for 2019 - in the amount 142129843, 4 thousand som;

2) the forecast for expenses for 2018 - in the amount 161149361, one thousand som, for 2019 - in the amount 162339315, 3 thousand som;

3) the forecast of deficit of the republican budget of the Kyrgyz Republic for 2018 - in the amount 20267129, 2 thousand som, for 2019 - in the amount 20209471, 9 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 2018-2019 in case of their acceptance for each specific period.

Article 3.

Create revenues of the republican budget of the Kyrgyz Republic for 2017 and the forecast for 2018-2019 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 2017 and the forecast for 2018-2019 according to appendices 4, of 5, 6.

Article 5.

1. Establish expenses on the state investments for 2017-2019 according to appendix 7.

2. Approve amount of the funds allocated for financing of capital investments in 2017 in the amount 9513697, by 2 thousand som and direct them on completion of construction of facilities provided in previous periods and on construction, reconstruction of the objects approved in the list for 2017, considering their priority.

3. Direct 400000, 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 2017 in the amount 380000, by 0 thousand som, in 2018 - 500000, 0 thousand som, in 2019 - 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, fees in Social fund of the Kyrgyz Republic, acquisition of medicines and products of medical appointment, acquisition of food, social security benefits, benefits on the public assistance to the population, grant), 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, 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 2017-2019 in first-priority procedure under the protected Articles and utilities.

Article 7.

The government of the Kyrgyz Republic has the right to bring:

1) changes in 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) amendments in mutual calculations of the republican budget with budgets of local government bodies it agrees to the regulatory legal acts adopted by relevant organs, and also structural changes, changes of production volumes (works, services), price levels;

3) offers on additional financing of urgent actions, necessary for execution, with indication of their sources before introduction of the bill on change to this Law according to resolutions and/or orders of the Government of the Kyrgyz Republic no more once a month in coordination with Committee on the budget and finance of Jogorku Kenesh of the Kyrgyz Republic.

Article 8.

Establish turnover cash under the republican budget of the Kyrgyz Republic for January 1, 2017 in the amount 150000, of 0 thousand som.

Article 9.

1. Make financing from the republican budget of the Kyrgyz Republic for 2017 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 2018-2019 of the organizations which were earlier consisting on the budget of areas according to appendices 8-1, 8-2.

Article 10.

1. Establish for 2017 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;

4) tax for use of natural resources (bonuses) - in the amount of 100 percent in the republican budget.

2. Determine that distribution of the amounts of nation-wide taxes in case of overfulfillment of their forecasts between republican and local budgets is made according to the approved standard rates of assignments from planned receipts on each type of tax.

3. The income of local budgets arriving from the local taxes and non-tax charges is not subject to withdrawal in the budget of other level.

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