The main innovation concerns the designation of this account:
the document clearly states that it is intended to reduce the financial burden on the republican budget when servicing the state debt formed through borrowings in both international and domestic capital markets.
In addition, the updated version includes a new clause regarding the sources of funds for the relief account.
Among them:
1) dividends received in the republican budget from the net profit of state enterprises, generated through capitalization using funds raised under state borrowing;
2) income from the sale of precious metals and stones, carried out by the authorized government body under the priority right of the Cabinet of Ministers;
3) funds obtained from the placement of loans in the international capital market in deposits of commercial banks of the Kyrgyz Republic;
4) income from investments in financial assets of other issuers, including securities of foreign states and corporate bonds;
5) interest income from loans issued in accordance with the legislation using funds from the relief account;
6) interest accrued on the balances of funds in the relief account, determined by agreement with the authorized body and the settlement bank;
7) income arising from the management of the funds of the relief account;
8) other income that does not contradict the legislation of the Kyrgyz Republic.
Additionally, the resolution:
- recognized as invalid subparagraph 5 of paragraph 6 of the Regulation (one of the areas of fund usage);
- clarified the conditions for interest accrual: the settlement bank will accrue interest on the balances of funds in the relief account in accordance with the agreement with the authorized state body.
This resolution will come into force 10 days after its official publication. The document was published in the newspaper "Erkin Too" on March 3, 2026, No. 16.
