Kyrgyzstan Allocates 1.5 Billion Soms for Preferential Business Loans in Regions

The Kyrgyz Cabinet of Ministers has approved a plan to allocate more than 1.5 billion soms to support businesses in the country's regions through preferential loans. This initiative is part of the "Economic Development of the Regions of the Kyrgyz Republic" project, designed to stimulate economic activity and bolster entrepreneurship.

The Ministry of Finance will be responsible for disbursing the 1,501,669,404 soms designated for budget lending to business entities. The funds will be channeled through the project to encourage regional economic growth. The Ministry of Finance is instructed to establish a separate account within the Central Treasury system and make necessary adjustments to the national budget for 2026 and the planning period of 2027–2028.

The State Financial Holding (OAO "State Financial Holding") has been recommended to serve as the operator for this budget lending program. A key feature of the program is the mechanism for the reuse of funds; money repaid by entrepreneurs from previous loans will be reinvested into financing businesses in subsequent years, creating a sustainable funding cycle.

Regional authorities, including presidential envoys, heads of local state administrations, and ayil okmotu (village self-government bodies), are encouraged to actively assist in the project's implementation. The resolution is set to take effect ten days after its official publication, signaling a commitment to boosting regional economies through accessible financing.