The Jogorku Kenesh approved amendments to the law "On Pricing" in the first reading

Ирэн Орлонская Exclusive
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- The draft law "On Amendments to the Law of the Kyrgyz Republic 'On Pricing'" was reviewed and approved in the first reading at the meeting of the Jogorku Kenesh.

The initiator of this draft law was the Chairman of the Cabinet of Ministers.

The purpose of developing this draft law is to ensure the formation of economically justified prices, protect the interests of citizens, and improve their standard of living, as well as to maintain a balance between the economic stability of businesses and the interests of consumers.

The main task of this draft law is to implement a price regulation mechanism that establishes a level of profitability conducive to business development while simultaneously preventing unjustified price increases.
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