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Kyrgyzstan Review, 10 years ago




[09.12.23] Kyrgyzstan Adopts 2004 Budget with Deficit

The Kyrgyz parliament adopted the 2004 budget in a final reading on Tuesday, approving a deficit of 736 million soms, or 0.8% of GDP.
 
Revenue is set at 14.22 billion som and spending at 14.95 billion soms, the parliamentary press service told Interfax.
 
GDP is forecast to grow 4.1%, inflation is planned at 3.8% and the average annual exchange rate is set at 44 soms/$1.
 
The official exchange rate on December 9 stood at 44.2043 soms/$1.
 
Interfax, December 09, 2003

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