Bishkek, Oct. 8, 2026. /Kabar/. Sergey Ponomarev, an expert in economics and business, analyzed the results of Kyrgyzstan's economic development as presented at a government staff meeting. For the first nine months of 2026, the republican budget was executed with a surplus of 22 billion soms. State treasury revenues reached 608 billion soms. Furthermore, targets for tax and customs revenue collection were exceeded.
"Indeed, for several consecutive years now, both tax and customs revenues have been successfully collected. These figures are growing annually at impressive double-digit rates. Certain economic sectors, such as the construction industry, are developing actively. Foreign trade is performing well, and agribusiness is increasing its share of the GDP structure.
Today, Chairman of the Cabinet of Ministers Adylbek Kasymaliev speaks of a budget surplus—and that is excellent news. Let us recall the situation just a few years ago. Every time the main financial document was reviewed, it was based on the assumption that state expenditures would exceed revenues—by, say, 20 billion soms, or sometimes even more. Yet, at that time, benefit payments and pensions were meager and failed to cover even basic needs. In other words, today Kyrgyzstan has a different economy with a completely different level of revenue.
That is why we are now seeing large-scale construction and infrastructure development, and major challenges in the social sector are being addressed." "Kyrgyzstan’s budget has surpassed one trillion soms, having more than tripled over the past six years.
The figures the government is working with today are real. As we draft the budget now, we are talking about development, new investments in the construction of schools and hospitals, and ambitious economic goals.
In this regard, the republic’s authorities have achieved strong results," concluded Sergey Ponomarev.
