The Government approves the Construction Industry Development Strategy of the Kyrgyz Republic for 2020-2030

On January 21, the Government Resolution dated January 17, 2020 No. 14 on approval of the Construction Industry Development Strategy of the Kyrgyz Republic for 2020-2030 was published.

The Strategy was developed in order to implement the National Development Strategy of the Kyrgyz Republic for 2018-2040, approved by the Decree of the President of the Kyrgyz Republic on October 31, 2018, and the Development Program of the Kyrgyz Republic for 2018-2022 “Unity. Trust. Creation” approved by the Parliament resolution on April 20, 2018.

Link: https://www.gov.kg/ru/npa/s/2206

The budget of the Social Fund for 2020 has been approved

On January 22, 2020, President of the Kyrgyz Republic Sooronbai Jeenbekov signed the Law of the Kyrgyz Republic “On the budget of the Social Fund of the Kyrgyz Republic for 2020 and the forecast for 2021–2022”.

The law was adopted by the Jogorku Kenesh of the Kyrgyz Republic on December 19, 2019.

This Law approved the budget of the Social Fund for 2020 for incomes in the amount of 57892.1 million soms and expenses in the amount of 57104.9 million soms. A surplus of the Social Fund’s budget is set in the amount of 787.2 million soms.

Link: http://www.president.kg/ru/sobytiya/16016_utverghden_byudghet_socialnogo_fonda_na2020_god

The Jogorku Kenesh passes bills in the first and third readings

On January 22, MPs adopted the following bills:

The first reading:

- “On amendments to some legislative acts of the Kyrgyz Republic (regarding the creation of special regulatory regimes)” (in the laws “On the National Bank of the Kyrgyz Republic, banks and banking activities”, “On innovative activities”, and“On the licensing system in the Kyrgyz Republic”).

The third reading:

- “On Amendments to the Law “On the enactment of the Tax Code of the Kyrgyz Republic”. The initiator is the Government, Resolution No. 564 of 10/22/19.

- “On amendments to the Law “On commodity exchange and exchange trade in the Kyrgyz Republic”.

Link: http://www.kenesh.kg/ru/news/show/9426/zhogorku-kenesh-prinyal-ryad-zakonoproektov-v-pervom-i-tretyem-chteniyah

The Parliament Committee approves the draft law “On Amending the Law of the Kyrgyz Republic “On the Council for the Selection of Judges of the Kyrgyz Republic”

On January 21, the Parliament Committee on Constitutional Legislation, Government, Judicial Legal Issues and the Rules of the Jogorku Kenesh approved the first reading of the draft laws “On Amending the Law of the Kyrgyz Republic “On the Council for the Selection of Judges of the Kyrgyz Republic” and “On amending the Constitutional Law of the Kyrgyz Republic “On the status of judges of the Kyrgyz Republic”.

The draft law “On the Council for the Selection of Judges of the Kyrgyz Republic” is aimed at eliminating contradictions in the legislation in the field of regulation of the activities of the Council for the selection of judges of the Kyrgyz Republic. It is proposed to exclude the powers of the Council for the selection of judges to approve the Regulation on the competitive selection, legal topics and issues for competitive selection.

The draft law “On amending the Constitutional Law of the Kyrgyz Republic “On the status of judges of the Kyrgyz Republic” is aimed at improving the competitive selection process. It is proposed to introduce the institution of a threshold score to be established by the Council for the selection of judges of the Kyrgyz Republic. A candidate for a judge who has not scored a threshold score has the right to participate in other competitive selections for vacant judges only after one year.

Link: http://www.kenesh.kg/ru/news/show/9411/profilyniy-komitet-odobril-zakonoproekt-o-vnesenii-izmeneniy-v-zakon-kr-o-sovete-po-otboru-sudey-kr

The Parliament Committee approves the draft law “On amending the Constitutional Law of the Kyrgyz Republic “On the status of judges”

On January 21, the Committee on Constitutional Legislation, State Structure, Judicial Legal Issues and the Rules of the Jogorku Kenesh approved the draft law “On amending certain legislative acts of the Kyrgyz Republic (the Civil Procedure Code, the Code on Non-Tax Revenues, the Administrative Procedure Code, On the Supreme Court of the Kyrgyz Republic and local courts).”

The Committee considered the first reading of the draft law “On amending the Constitutional Law of the Kyrgyz Republic “On the status of judges”. The draft law proposes to clarify the conditions and grounds for rotation of judges of local courts.

Link: http://www.kenesh.kg/ru/news/show/9412/komitet-zhogorku-kenesha-odobril-zakonoproekt-o-vnesenii-izmeneniy-v-konstitutsionniy-zakon-kr-o-statuse-sudey

Bill on streamlining exchange trading procedures in Kyrgyzstan considered

On January 22, MPs considered the third reading of the draft law “On Amending the Law of the Kyrgyz Republic “On Commodity Exchange and Exchange Trade in the Kyrgyz Republic”.

The amendments were developed in order to eliminate editorial and technical inconsistencies of the Law “On Commodity Exchange and Exchange Trade in the Kyrgyz Republic”. It is proposed that the State Financial Supervision Authority be designated as the authorized body for exchange trading, as well as generally streamline the activities of commodity exchanges.

Link: http://www.kenesh.kg/ru/news/show/9421/rassmotren-zakonoproekt-ob-uporyadochenii-protsedur-birzhevoy-torgovli-v-kirgizstane

The draft law “On Amending Certain Legislative Acts of the Kyrgyz Republic (regarding the creation of special regulatory regimes)” considered

On January 22, MPs considered the draft law “On Amending Certain Legislative Acts of the Kyrgyz Republic (regarding the creation of special regulatory regimes)” (the laws “On the National Bank of the Kyrgyz Republic, Banks and Banking Activities”, “On Innovation Activities”, and “On licensing system in the Kyrgyz Republic”).

The draft law was developed in order to reduce barriers to the introduction of innovative services / technologies into the banking and payment systems market by existing and new players, in the interests of increasing the availability of services, developing competition and lowering the cost of financial services, streamlining and controlling innovative activities.

Link: http://www.kenesh.kg/ru/news/show/9422/napravlen-na-golosovanie-zakonoproekt-o-vnesenii-izmeneniy-v-nekotorie-zakonodatelynie-akti-kirgizskoy-respubliki-v-chasti-sozdaniya-spetsialynih-regulyativnih-rezhimov

The Economy Ministry submits NLA for public discussion

On January 22, the Ministry of Economy of the Kyrgyz Republic submitted for public discussion the draft Law of the Kyrgyz Republic “On Amendments and Additions to the Tax Code of the Kyrgyz Republic”. The purpose and objective of this draft law is to upgrade car fleet, as well as reduce the tax burden on the import of vehicles by individuals for personal use from third countries.

The draft law provides for exemption from value added tax for three years of vehicles imported by individuals for personal use into the Kyrgyz Republic.

Link: https://www.gov.kg/ru/npa/s/2207

The Jogorku Kenesh passed several bills

On January 23, MPs adopted the following bills:

The second reading:

- “On ratification of the Financing Agreement between the Kyrgyz Republic and the European Investment Bank for the project “Financing of agricultural value chains” signed on September 25, 2017 in Luxembourg.

- The Financing Agreement between the Kyrgyz Republic and the German Development Bank (KfW) on the project “Financing Agricultural Supply Chains” signed on September 18, 2017 in Frankfurt.”

Link: http://www.kenesh.kg/ru/news/show/9450/zhogorku-kenesh-prinyal-ryad-zakonoproektov-v-pervom-i-vtorom-chteniyah