The Jogorku Kenesh adopted amendments to the Law "On Investments" in the first reading

Ирэн Орлонская Exclusive
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At the meeting of the Jogorku Kenesh, held today, January 28, the deputies approved in the first reading a draft law concerning amendments to the Law of the Kyrgyz Republic "On Investments in the Kyrgyz Republic." The initiator of this draft law was the Chairman of the Cabinet of Ministers.

The Deputy Minister of Economy and Commerce, Mederbek Tumanov, explained that this project is aimed at eliminating legal conflicts. According to him, the proposed changes will help accurately reflect the current legislation and comply with the principles of regulation in the field of investments.

In addition, the parliamentarians also reviewed and adopted in the first reading a draft law concerning amendments to the Code of the Kyrgyz Republic on Non-Tax Revenues. The initiator of this draft law is also the Chairman of the Cabinet of Ministers.

As noted by the Deputy Minister of Finance Ruslan Suynaliev, the development of this draft law is being carried out in accordance with the instructions of the Administration of the President of the Kyrgyz Republic. This is part of the implementation of the State Target Program "Development of the Justice System for 2023-2026," which was approved by the Decree of the President of the Kyrgyz Republic No. 47 dated March 3, 2023. The main goal is to create alternative methods for paying state duties and fines.
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