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LAW OF THE KYRGYZ REPUBLIC

of March 17, 2008 No. 23

About the republican budget of the Kyrgyz Republic for 2008

(as amended on on May 19, 2009)

Accepted by Jogorku Kenesh of the Kyrgyz Republic on February 8, 2008

Article 1. Approve the republican budget of the Kyrgyz Republic for 2008 according to the income in the amount 41159135, by 1 thousand som and to expenses - in the amount 45489239, 4 thousand som (including grant means within the budget of development in the amount 2056032, by 5 thousand som).

Establish the extreme extent of deficit of the republican budget of the Kyrgyz Republic for 2008 in the amount 2274071, of 8 thousand som (except for grant means within the budget of development in the amount 2056032, of 5 thousand som).

Direct to covering of deficit of the republican budget of the Kyrgyz Republic for 2008 external and internal sources of financing in the amount 2274071, to 8 thousand som.

Article 2. Approve the forecast of the government budget of the Kyrgyz Republic till 2010 according to appendix No. 1.

Article 3. The revenues of the republican budget of the Kyrgyz Republic for 2008 are created for acquisition account on sources according to appendices No. 1-1 and 1-2.

Article 4. Establish for 2008 funds for financing of expenses from the republican budget of the Kyrgyz Republic according to appendices No. 2 and 2-1.

Article 5. Establish the budget of development of the Kyrgyz Republic according to appendix No. 3. To perform means for financing of capital investments in the republic for the account:

internal sources - 4301319, 5 thousand som;

external sources - 3414754, 2 thousand som.

Establish priority of financing of the stimulating (equity) grants to subsidized local government bodies.

Article 6. Financing of expenses is made in first-priority procedure under the protected Articles (the salary, contributions to Social fund of the Kyrgyz Republic, medicines, food, benefits to needy families and handicapped children, grants and contributions to Fund of compulsory medical insurance), and also on the state debt obligations and indexation of deposits of the population.

The protected expenditure items can be reduced in connection with vacancies in the number of staff and adoption of regulations.

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