The Housing Committee approved venture financing mechanisms in the first reading

Елена Краснова Economy
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- On March 16, 2026, a meeting of the Committee on Finance, Budget, Entrepreneurship, and Competition Development of the Jogorku Kenesh took place, during which the draft law "On Amendments to Certain Legislative Acts of the Kyrgyz Republic on Venture Financing" was reviewed and approved in the first reading.

The speaker at the meeting was Zhalyn Zheenaliev, Deputy Director of the National Investment Agency under the President of the Kyrgyz Republic.

The purpose of this draft law is to legally define concepts related to venture financing, including venture investors, funds, and management companies. It is also aimed at creating favorable conditions for attracting investments in startups and innovative projects.

The proposed changes are expected to improve the investment climate of the country and stimulate the development of technological entrepreneurship.
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