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You're reading: Kyrgyzstan raises 2012 budget deficit target from 5.2% to 7.2% of GDP
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President Almazbek Atambayev has signed a law to amend the 2012
budget, raising the revenue target by 1.3% to KGS81.627 billion ($1.731
billion), and the spending plan by 8% to KGS104.729 billion ($2.221
billion), the president’s press service reported.

As a result, the deficit target has increased by 40.7% to KGS23.1
billion, or 7.2% of GDP, from KGS16.416 billion, or 5.2% of GDP.

GDP is now forecast at KGS319 billion, compared to KGS314 billion earlier.

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