Cabinet aims to reduce shadow part of fiscal base from 70% to 20% in Kyrgyzstan

• Published date: 12 January 2023
• Publication title: Central Asian News Services

The Cabinet of Ministers intends to reduce the shadow part of fiscal base from 70-76% to 20%, Minister of Economy Daniyar Amangeldiev told Birinchi Radio.

The Minister commented on outcomes of adoption of the new Tax Code in January 2022.

"I think that the Tax Code on the whole was aimed at reduction of shadow economy," he said.

"We think that not economy is in shadow, but a significant part of fiscal base is in shadow. We estimate...