Kyrgyzstan Cabinet Expands Finance Ministry Powers, Including Stabilization Fund

Kyrgyzstan Cabinet Expands Finance Ministry Powers, Including Stabilization Fund
Photo: Kaktus.media

Kyrgyzstan's Cabinet of Ministers has expanded the powers of the Ministry of Finance, giving it new functions in managing public finances, financing construction, monitoring budget funds and fighting corruption. Prime Minister Adylbek Kasymaliev signed Resolution No. 716 on 22 October 2026. The document amends the regulation on the ministry approved in November 2021.

One change is the creation of an electronic audit system for public finances. It will automatically analyse financial operations of state bodies and organisations, produce analytical reports and track financial risks. The ministry will also approve a register of construction, major repair and reconstruction projects financed through state treasury bonds.

The ministry will also manage the Stabilization Fund as its executive body, handling accounts and transfers based on presidential decisions. It must also set up channels for reporting corruption. The resolution was published in Erkin-Too on 23 October and takes effect ten days after official publication.

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This story was automatically summarised and translated from Kaktus.media. All rights to the story belong to its source.

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