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LAW OF THE KYRGYZ REPUBLIC

of June 22, 2023 No. 123

About write-off of the budget credits issued to the subjects of entrepreneurship of Batken Province injured with the conflict on the Kyrgyz-Tajik border on April 28-30, 2021

Accepted by Jogorku Kenesh of the Kyrgyz Republic on May 24, 2023

Article 1.

This Law is drafted for the purpose of rendering the state support to the subjects of entrepreneurship of Batken Province injured with the conflict on the Kyrgyz-Tajik border on April 28-30, 2021, and regulates procedure for debt write-off on the budget credits issued according to the resolution of the Cabinet of Ministers of the Kyrgyz Republic of August 6, 2021 to No. 115 "About approval of the Procedure for compensation of damage to the subjects of entrepreneurship of Batken Province injured with the conflict on the Kyrgyz-Tajik border on April 28-30, 2021".

Article 2.

Operation of this Law extends to the subjects of entrepreneurship of Batken Province injured with the conflict on the Kyrgyz-Tajik border on April 28-30, 2021 and the obtained budget credits.

Article 3.

Write off debt of the subjects of entrepreneurship of Batken Province injured with the conflict on the Kyrgyz-Tajik border on April 28-30, 2021, on the issued budget credits, including the main amount of debt, interest for using and financial sanctions which are available at the time of entry into force of this Law.

Article 4.

To the Cabinet of Ministers of the Kyrgyz Republic to take the necessary measures following from this Law, to provide in accordance with the established procedure in the republican budget of means for recovery of means of grants of the Government of People's Republic of China on accumulation account of the Central Treasury of the Ministry of Finance of the Kyrgyz Republic in National Bank of the Kyrgyz Republic in the amount 15000000 som.

Article 5.

This Law becomes effective after seven days from the date of official publication.

President of the Kyrgyz Republic

S. Zhaparov

 

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