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    Home EURASIA Azerbaijan

    Kyrgyzstan’s budget revenues exceed target by $260M in nine months

    The Analyst by The Analyst
    October 10, 2026
    in Azerbaijan
    Kyrgyzstan’s budget revenues exceed target by $260M in nine months


    BAKU, Azerbaijan, October 10. Kyrgyzstan’s
    republican budget revenues totaled $6.95 billion in
    January–September 2026, exceeding the target by $259.6 million,
    according to the country’s Cabinet of Ministers.

    READ ALSO

    Syria buys $295M of Azerbaijani natural gas in eight months

    Uzbekistan, World Bank review jobs, productivity and private investment

    Chairman of the Cabinet of Ministers and Head of the
    Presidential Administration Adylbek Kasymaliev announced the
    figures at a government meeting on October 7, after which he issued
    a series of instructions to government agencies.

    “Republican budget revenues amounted to 608.1 billion soms,
    exceeding the planned target by 22.7 billion soms. The revenue
    target was fulfilled by 103.9%,” he said.

    Kasymaliev also noted that Moody’s had upgraded Kyrgyzstan’s
    sovereign credit rating from B3 to B2, with a stable outlook. The
    upgrade reflects economic growth and diversification, rising GDP
    per capita, infrastructure investment and stronger public finances,
    including a decline in public debt relative to GDP, according to
    the Cabinet of Ministers.




    The government said the higher rating could strengthen
    international investor confidence and expand opportunities to
    attract long-term financing.

    According to Trend’s calculations, Kyrgyzstan’s republican budget
    revenues could reach approximately 811 billion soms ($9.27 billion)
    in 2026 if the average monthly revenue level recorded in the first
    nine months is maintained through December.

    This estimate is a simple annualized projection based on the
    nine-month average, rather than an official full-year forecast.





    Source link

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