Analysts note that the budget surplus, which showed positive dynamics in 2024 and 2025, will gradually decrease thereafter.
In particular, in 2024, the surplus was 2.3% of GDP, and by the end of 2025, it is expected to grow to 2.6%. However, according to forecasts from EFSR experts, this figure will decrease to 1.6% in 2026, to 1.5% in 2027, and finally, in 2028, it will reach 0.8% of GDP.
The authors of the report emphasize that the record budget surplus of Kyrgyzstan in 2025 was mainly achieved due to an increase in non-tax revenues.
