PRESIDENTIAL DECREE OF THE KYRGYZ REPUBLIC

of January 31, 2025 unitary enterprise No. 34

About modification of the Presidential decree of the Kyrgyz Republic "About approval of the Procedure for forming and use of Stabilization fund of the Kyrgyz Republic" of March 4, 2022 No. 70

For the purpose of increase in transparency of forming, and also rational use of means of Stabilization fund of the Kyrgyz Republic, according to part 2 of Article 43-3 of the Budget code of the Kyrgyz Republic, article 71 of the Constitution of the Kyrgyz Republic I decide:

1. Bring in the Presidential decree of the Kyrgyz Republic "About approval of the Procedure for forming and use of Stabilization fund of the Kyrgyz Republic" of March 4, 2022 No. 70 the following changes:

according to the procedure of forming and use of Stabilization fund of the Kyrgyz Republic, approved by the above-named Decree:

- state Item 8 in the following edition:

"8. Other income according to decisions of the Cabinet of Ministers of the Kyrgyz Republic can go to Stabilization fund (further - the Cabinet of Ministers).";

- in Item 11 to replace the word of "ten" with the word of "fifteen";

- declare Item 14 invalid;

- state Item 15 in the following edition:

"15. The supervisory board performs the following functions:

1) approval of policy and the amount of money of Stabilization fund directed to investments into financial and other instruments;

2) decision making on cases in point;

3) control of use of money of Stabilization fund and execution of solutions of the Supervisory board.";

- state Item 17 in the following edition:

"17. Meetings of the Supervisory board are held as required under the leadership of the chairman of the Supervisory board or person authorized by the chairman.";

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