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Government instructed to take urgent measures to protect private property

October 20, 2020

The Kyrgyz Government urgently needs to take measures to protect private capital and property, preventing illegal seizure (raider seizure) of property, and creating favorable conditions for investors.

This is stated in the Decree "On the acceptance of the execution of the powers of the President of the Kyrgyz Republic", signed by the Acting President of the Kyrgyz Republic Sadyr Japarov on October 16.

It is also necessary to intensify work on a package of draft normative legal acts for the protection and development of small and medium-sized businesses, as well as to make proposals for optimizing the structure of the economy, aimed at adequate perception and resolution of world challenges in the country and prevention of crisis situations.

Information about the signing of the decree was published on the official website of the President of the Kyrgyz Republic on October 20, 2020.