Kyrgyzstan approves financial strategy for disaster preparedness

Kyrgyzstan is proactively preparing for natural disasters by establishing a new financial strategy. The Cabinet of Ministers has approved the Disaster Risk Financing Strategy for 2026–2030, a move designed to bolster the nation's response to emergencies like earthquakes, mudflows, and landslides.

The core objective of this strategy is to build a robust financial protection system. This system will help the state react more swiftly to crises and lessen the financial strain on the national budget following significant natural events. Key components include enhancing risk assessment mechanisms and identifying additional funding streams for immediate response and long-term recovery efforts.

To operationalize the strategy, a two-year action plan for 2026–2027 has been put in place, alongside a system for monitoring and evaluating its progress. Various ministries, government agencies, and local authorities will collaborate on its implementation, submitting quarterly reports to the Ministry of Finance. The government anticipates that this forward-thinking approach will allow for the timely preparation of financial tools, facilitating the rapid restoration of affected areas and infrastructure, rather than scrambling for funds after a disaster strikes. The resolution is set to take effect in seven days.