Ministry of Finance prepares 2018 Civil Budget in new expanded format

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Bishkek, Jan. 13, 2018. /Kabar/. The Ministry of Finance of the Kyrgyz Republic has developed the Civil Budget of 2018 in a new expanded format to increase the transparency and availability of basic budget information, the press service of the Ministry reported.

This document is a civil version of the Law of the Kyrgyz Republic "On the republican budget of the KR for 2018 and the forecast for 2019-2020" and prepared to widely familiarize citizens with the budget and budget process.

The new Civil Budget for 2018 broadens the list of terms and concepts used in the document, describes in more detail the main normative legal acts that regulate the budgetary process, provides the structure of the budgetary system of the Kyrgyz Republic, as well as provides information on the main participants of the budget process and their main functional responsibilities.

For the first time a schedule is given for the formation of the republican budget, i.e. budget calendar with the deadline for the implementation of the main activities for the formation of budget documents.

In addition, for the first time information is provided on the possibilities for citizens to participate in the budget process, on ways to study public opinion and receive recommendations and comments on improving the content of the Civil Budget of the Kyrgyz Republic.

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