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PRESIDENTIAL DECREE OF THE KYRGYZ REPUBLIC

of September 1, 2021 unitary enterprise No. 375

About creation of Stabilization fund of the Kyrgyz Republic

For the purpose of ensuring stable social and economic development of the country, financing of urgent actions and decrease in dependence of economy on impact of adverse external factors, being guided by article 71 of the Constitution of the Kyrgyz Republic, I decide:

1. To the Cabinet of Ministers of the Kyrgyz Republic:

- create the Stabilization fund of the Kyrgyz Republic providing including accumulating of reserve on covering of two-month need for financing of the protected expenditure items of the republican budget of the Kyrgyz Republic;

- submit projects of the regulatory legal acts necessary for implementation of this Decree for consideration of Jogorku Kenesh of the Kyrgyz Republic.

2. I reserve control of execution of this Decree.

3. This Decree becomes effective from the date of official publication.

President of the Kyrgyz Republic

S. Zhaparov

 

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