DistantNews
Support us
🇰🇬 Kyrgyzstan /Economy & Trade

Bishkek and Osh to change how municipal rental income is used

From 24.kg · () Russian

Translated from Russian and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement Approved/passed
  • Kyrgyzstan approved new rules for using rental income from municipal property in Bishkek and Osh.
  • The rules aim to ensure the proper maintenance and preservation of rented municipal assets.
  • The document sets out a mechanism for using the income, but does not specify how much will go to municipal enterprises or city budgets.

Kyrgyzstan’s Cabinet of Ministers has approved a new procedure for using income from municipal property rented out by municipal enterprises in Bishkek and Osh.

The measure covers the two cities of republican significance and is intended to ensure that municipal property transferred for rent is properly maintained and preserved. The cities’ mayoral offices have been advised to take the measures required under the resolution.

The document establishes a mechanism for handling rental income. However, the text presented does not include an appendix specifying how the money will be divided, including what share would remain with a municipal enterprise and what share would be transferred to the city budget.

The resolution will take effect 10 days after its publication.

About this summary

Originally published by 24.kg in Russian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

More Stories

From Our Blog