Kyrgyzstan is seeing significant growth in non-tax revenues for the state budget. According to the Ministry of Finance's report on the country's fiscal and investment policy for 2027–2031, such revenues increased by 88 billion soms ($1 billion) in 2025, reaching 189.5 billion soms ($2.16 billion), 24.kg reported.
Amid this growth in non-tax revenues, their share of the country's gross domestic product increased from 6.4% to 9.6% over the year. The main sources include dividends from government-owned shares, the National Bank's profits transferred to the budget, paid government services, as well as various fees, payments, and other revenues.
The Ministry of Finance of Kyrgyzstan's medium-term forecast projects a slight decline in non-tax revenues in 2027, to 149.2 billion soms. This figure is expected to gradually increase in the future, reaching 189.9 billion soms by 2031.
The growth in non-tax revenues demonstrates that the state is seeking to expand its budget base beyond traditional tax revenues. Dividends from state-owned enterprises and the profits of the National Bank play a particularly significant role, as their increase may be linked to improved financial performance of state-owned assets.
However, a sharp increase in such revenues in 2025 does not necessarily indicate a sustainable long-term trend. Non-tax revenues depend largely on one-off factors and the financial performance of individual government entities, so the forecast to 2031 assumes a more moderate trend. For Kyrgyzstan, it is strategically important to simultaneously improve the efficiency of state assets, the quality of public services, and the predictability of budget revenues.
CentralasianLIGHT.org
August 27, 2026