INFLUENCE OF TAX REVENUES ON THE ECONOMIC GROWTH OF THE COUNTRY

In the conditions of the modern global economy, tax policy is a direct tool of management that influences the economic development of the country. This paper dwells on the assessment of the interconnection between tax policy and economic development of the Kyrgyz Republic. The paper considers the issue of adapting the country's tax policy to the conditions of the world economy, as well as to domestic needs and possibilities. This research focuses on the specific features of Kyrgyzstan's tax system, including the structure and recent changes in the legislation and their influence on fiscal policy and economic indicators. The authors emphasize that to achieve sustainable economic growth and raise the population's well-being, it is important to create a tax system that would adequately react to the changes in the world economy. This paper contains a detailed analysis of macroeconomic factors and key economic indicators that is aimed at determining the current trends and potential opportunities for the optimisation of the tax burden. Special attention is paid to the development of tax tools that facilitate the formation of a favourable environment for sustainable economic development and prosperity of the national economy. This research is a complete overview of the tax system of the Kyrgyz Republic, with an analysis of the recent changes in the context of their impact on fiscal policy and economic indicators. Summing up, this paper distinguishes the strategic significance of effective tax policy for the stimulation of sustainable economic growth.