Tax revenue target for 2026 raised by 112.5 billion som
The Ministry of Finance has raised its forecast for tax revenues of the republican budget for 2026 by 112.5 billion som, as reflected in the draft revised republican budget. The main growth is expected from customs payments and increased receipts from the single tax and VAT.
The Finance Ministry has announced an increase in the tax revenue target of the republican budget for 2026 by 112.5 billion som. Previously, the approved republican budget projected 416.5 billion som in tax receipts during 2026, and at the end of October a new estimate of 529.1 billion som in tax revenues was published.
StoriesTax revenue target for 2026 raised by 112.5 billion somSlides: 8
Tax revenue target for 2026 raised by 112.5 billion som
The Ministry of Finance has raised its forecast for tax revenues of the republican budget for 2026 by 112.5 billion som. The main growth is expected from customs payments and VAT.
416,5 billion som — Tax revenues (previous)
529,1 billion som — Tax revenues (new estimate)
Sources of growth: the Finance Ministry expects significant growth from customs payments and increased receipts from the single tax and VAT.
Expected receipts from key taxes:: Customs payments: 121 billion som; Single tax: 45 billion som; Domestic VAT: 59.5 billion som; Profit tax: 66 billion som
Previously — 416.5 billion som in tax receipts was expected in 2026.; End of October — A new estimate of tax revenues of 529.1 billion som was published.
The Ministry of Finance has raised its forecast for tax revenues of the republican budget for 2026 by 112.5 billion som, as reflected in the draft revised republican budget. The main growth is expected from customs payments and increased receipts from the single tax and VAT.
Sources of growth in tax revenues
According to the Finance Ministry, significant revenue growth is expected from customs payments related to international trade. While initially 52 billion som was expected to be collected in customs payments and import duties from EAEU members, the revised plan provides for collecting 121 billion som.
Expected receipts from key taxes
121billion som (customs payments)
45billion som (single tax)
59.5billion som (domestic VAT)
66billion som (profit tax)
In addition, growth is projected from several other areas. The single tax is planned to rise from about 30 billion som to almost 45 billion som. Domestic VAT receipts are also expected to increase from approximately 49 billion som to 59.5 billion som. In addition, the raised profit tax collection target increases from about 57 billion som to more than 66 billion som, with all of this growth provided by the income tax on mining companies.
