Shortfalls in Bishkek budget amounted to 400 million soms for 5 months of 2016, Acting First Vice Mayor Ernis Zarlykov said today at the regular session of the City Council.
"It is expected, it must be admitted, the failure of tax of about 1 billion soms. But this is due to the introduction of amendments to the Tax Code in respect of the sales tax. In this regard, the government issued a decree to compensate Bishkek 1.5 billion soms. After six months, it will begin to compensate for the loss. In total, we expect 300-400 million soms shortcoming of the annual sum," he said.