The President signed the law: The National Bank does not carry out licensing, supervision, and regulation of the activities of the State Development Bank.

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- The President of the Kyrgyz Republic, Sadyr Japarov, has approved the law "On Amendments to the Constitutional Law of the Kyrgyz Republic 'On the National Bank of the Kyrgyz Republic'."

This law was approved by the Jogorku Kenesh on September 24, 2025.

According to the new provisions, the State Development Bank of the Kyrgyz Republic will be exempt from the application of banking legislation norms.

Furthermore, the document states that the National Bank of the Kyrgyz Republic will no longer carry out licensing, supervision, and regulation regarding the State Development Bank.

The law will come into effect ten days after its official publication.
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