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

Kyrgyzstan News 10 October 2026 05:00 (UTC +04:00)
Kyrgyzstan’s budget revenues exceed target by $260M in nine months
Khayal Khatamzadeh
Khayal Khatamzadeh
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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.

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.

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