The bill will determine the maximum level of profitability
A new approach to state price regulation for goods and services is planned in Kyrgyzstan, which will limit profitability to 25% of the cost price. This innovation may also affect the taxi sector.
The bill proposed by the Cabinet of Ministers regarding the establishment of a maximum level of profitability is currently being discussed in the Jogorku Kenesh. The current legislation does not allow for measures aimed at curbing the rise in prices for services and work.
The choice of regulation method remains with the authorities, which allows them to approach the issue flexibly. The level of profitability may be revised depending on the specifics of particular industries.
Photo www
