Kyrgyzstan Transport Ministry to Receive Up to 10% of Enterprise Revenue

Kyrgyzstan's Ministry of Transport and Communications is set to receive a significant portion of its subordinate enterprises' income. The Cabinet of Ministers has amended regulations, allowing the ministry to collect up to 10% of the revenues generated by state-owned entities like "Kyrgyzjoltramsdolboor" and the Department of Land and Water Transport. These funds will be channeled into a special treasury account.

The decision aims to enhance the financial mechanisms supporting the transport sector. The collected revenue is designated for the operational needs of the ministry and its various departments. The ministry will also gain the authority to independently create and approve budgets for these special accounts.

Officials state that these changes align with the Budget Code and are intended to streamline the financing of the transport industry. This move centralizes a portion of the income from these enterprises to directly support the ministry's functions and its affiliated units.