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.
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.
Если учесть, что рост цен на товары и услуги в Кыргызстане, наряду с монетарными, обусловлен и немонетарными причинами, то в антиинфляционной политике значительна роль фискальной политики. Повышение цен на импортные товары прежде всего обусловлено ростом цен на них в странах-экспортерах. В этой связи антиинфляционная политика должна включать в себя дополнительное маневрирование государственными расходами и доходами. Следует учесть, что рост социальных выплат обладает эффектом мультипликатора, и от такой политики ожидается положительное влияние на экономику. Новый спрос при этом должен быть удовлетворен товарами отечественного производства, то есть нельзя упускать возможность развития экономики республики. В статье дается анализ немонетарных факторов инфляции, приводятся риски дефицита бюджета.
Primary Language | Russian |
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Subjects | Economics |
Journal Section | Research Article |
Authors | |
Publication Date | August 24, 2021 |
Submission Date | May 31, 2021 |
Published in Issue | Year 2021 Issue: 90 |