RESOLUTION OF THE CABINET OF MINISTERS OF THE KYRGYZ REPUBLIC

of July 12, 2022 No. 376

About introduction of amendments to the resolution of the Cabinet of Ministers of the Kyrgyz Republic "About approval of the Standard regulations on funds of development of regions" of October 14, 2021 No. 220

For the purpose of enhancement of activities of funds of development of regions, according to Article 34 of the Budget code of the Kyrgyz Republic, Articles 13, of the 17th constitutional Law of the Kyrgyz Republic "About the Cabinet of Ministers of the Kyrgyz Republic" the Cabinet of Ministers of the Kyrgyz Republic decides:

1. Bring in the resolution of the Cabinet of Ministers of the Kyrgyz Republic "About approval of the Standard regulations on funds of development of regions" of October 14, 2021 No. 220 the following changes:

Item 1 to state 1) in the following edition:

"1. Approve:

- Standard regulations on funds of development of regions according to appendix 1;

- the table of criteria and indicators of selection of social projects for financing by fund of development of regions according to appendix 2;

- the table of criteria and indicators of selection of economic projects for financing by fund of development of regions according to appendix 3;

- The agreement on target financing according to appendix 4;

- Procedure for distribution of means from the republican budget in funds of development of regions according to appendix 5;

- The standard agreement between Fund of development of the region, financial credit institution and the subject of entrepreneurship for assignment of rights on implementation of financial maintenance of credit line on economic projects according to appendix 6.";

Appendix 1 to the above-stated resolution to state 2) in edition according to appendix 1 to this resolution;

To add 3) with appendices 5 and 6 in edition according to appendix 2 to this resolution.

2. This resolution becomes effective after fifteen days from the date of official publication.

Appendix 1

"Appendix 1

Standard regulations on funds of development of regions

Chapter 1. General provisions

1. This Standard provision is developed according to regulations of the Budget code of the Kyrgyz Republic, the Code of the Kyrgyz Republic about the non-tax income, the Law of the Kyrgyz Republic "About public procurements", the Law of the Kyrgyz Republic "About non-profit organizations" and determines procedure for activities of funds of development of regions (further - Fund).

2. Activities of Fund are performed on the basis of the Code of the Kyrgyz Republic about the non-tax income, the Budget code of the Kyrgyz Republic, the Law of the Kyrgyz Republic "About public procurements" and this Standard provision.

3. The fund has the status of the legal entity in the form of Fund of development of the region or Fund of development of the area and is created in form of business of public institution.

4. Founder of Fund of development of the region is the plenipotentiary of the President of the Kyrgyz Republic in area.

5. Founder of Fund of development of the area is the local public administration.

6. Fund is money of budget system of the Kyrgyz Republic.

7. For implementation of activities of Fund budget and special accounts in system of Treasury are opened.

8. The fund performs the activities on the principles of legality, openness, transparency, publicity, and also rational and effective management of fund.

Chapter 2. The concepts applied in this Provision

9. The concepts applied in this Standard provision:

1) the applicant - the local government body, state body or the subject of entrepreneurship who submitted the project bid on selection of projects for financing by fund;

2) the contractor of the project - local government body, state body and the subject of entrepreneurship, whose project request got approval of the Supervisory board, and the signed contract with Fund for financing of the project;

3) infrastructure services - works and/or services of social, economic or production appointment, including work and/or services provided with use of infrastructure facility and/or on servicing of infrastructure facility;

4) infrastructure facility - property or the property complex of social, economic or production appointment which is in the state-owned and municipal property;

5) the infrastructure project is list of the tasks, actions and actions directed to creation or improvement of infrastructure facility with reasons for social and economic feasibility, amounts and terms of implementation of the capital expenditures initiated by local government bodies with participation of representatives of local community;

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