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Kyrgyzstan’s authorities decide to reduce support for state enterprises

The authorities of Kyrgyzstan have decided to reduce support for state-owned enterprises. Their subsidies are planned to be reduced in 2024, the annex to the draft national budget says.

It is known that the financing of enterprises will decrease by 9.7 percent and will amount to 2.03 billion soms.

According to the draft budget, state support for non-financial state enterprises will increase by 11.5 percent and amount to 1.75 billion soms compared to the budget of 2023. At the same time, subsidies to financial state enterprises will decrease by 0.28 billion soms, or 58.5 percent, compared to the current year.

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