INFLATION AND FISCAL POLICY IN KYRGYZSTAN

Considering the rise prices for goods and services in Kyrgyzstan, due to along with monetary and non-monetary reasons, the role of fiscal policy in anti-inflationary policy is significant. The increase in prices for imported goods is due to the rise in prices for them in exporting countries. In this regard, anti-inflationary policy should include additional maneuvering of government spending and revenues. It should be noted that the growth of social benefits has a multiplier effect and such a policy is expected to have a positive impact on the economy. At the same time, new demand must be satisfied with domestically produced goods, that is, the opportunity to develop the republic's economy must not be missed. The article analyzes non-monetary factors of inflation and risks of budget deficit.

INFLATION AND FISCAL POLICY IN KYRGYZSTAN

Considering the rise prices for goods and services in Kyrgyzstan, due to along with monetary and non-monetary reasons, the role of fiscal policy in anti-inflationary policy is significant. The increase in prices for imported goods is due to the rise in prices for them in exporting countries. In this regard, anti-inflationary policy should include additional maneuvering of government spending and revenues. It should be noted that the growth of social benefits has a multiplier effect and such a policy is expected to have a positive impact on the economy. At the same time, new demand must be satisfied with domestically produced goods, that is, the opportunity to develop the republic's economy must not be missed. The article analyzes non-monetary factors of inflation and risks of budget deficit.

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