BAKU, Azerbaijan, October 25. Kyrgyzstan’s
State Customs Service collected 139 billion soms ($1.6 billion) in
revenues in January–September 2026, exceeding its target by 4.6%,
according to the country’s Cabinet of Ministers.
Chairman of the Cabinet of Ministers and Head of the
Presidential Administration Adylbek Kasymaliev announced the
figures at a government meeting on October 7, following which he
issued a series of instructions to government agencies.
"Revenues collected by the State Customs Service amounted to 139
billion soms, with the target fulfilled by 104.6%. By the end of
the year, while maintaining the positive trend, it is necessary to
ensure the fulfillment of the budget revenue target, as well as the
timely and efficient use of allocated funds," he said.
Kasymaliev noted that the revenue side of the republican budget
had performed well in the first nine months of 2026.
He also said that Moody’s upgrade of Kyrgyzstan’s sovereign
credit rating from B3 to B2, with a stable outlook, represented an
important assessment of the country’s economic and financial
policies.
"Moody’s noted the sustained growth and diversification of our
economy, an increase in GDP per capita, large-scale infrastructure
investment, stronger public finances, and a decline in public debt
relative to GDP. The rating upgrade strengthens international
investors’ confidence in Kyrgyzstan and creates broader
opportunities for attracting long-term financing to the country,"
he said.
According to Trend’s calculations, Kyrgyzstan’s State Customs
Service could collect around 185.3 billion soms ($2.13 billion) in
revenues in 2026 if the average monthly collection rate recorded in
January–September continues through December.
This projection assumes that monthly collections in the final
three months remain at the average recorded during the first nine
months. It does not indicate year-on-year revenue growth.
