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

Владислав Вислоцкий Exclusive
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At today's meeting of the Jogorku Kenesh, held on January 28, the deputies discussed and adopted 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.

Deputy Minister of Economy and Commerce Mederbek Tumanov noted that the main goal of developing this draft law is to eliminate legal conflicts. The proposed version of the document aims to eliminate existing legal inconsistencies, accurately reflect the current legislation, and comply with the principles of legal regulation in the field of investments.

In addition, the deputies also reviewed and adopted in the first reading a draft law concerning amendments to the Code of the Kyrgyz Republic on Non-Tax Revenues. Like the previous one, this draft law was proposed by the Chairman of the Cabinet of Ministers.

Ruslan Suynaliyev, Deputy Minister of Finance, emphasized that this draft law was developed in accordance with the instruction of the Administration of the President of the Kyrgyz Republic. It is aimed at implementing the Action Plan for the introduction of the State Target Program "Development of the Justice System for 2023-2026," approved by the Presidential Decree of March 3, 2023, No. 47, and aims to create alternative methods for the payment of state duties and fines.
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