The Jogorku Kenesh approved venture financing mechanisms in the first reading

Виктор Сизов Exclusive
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On March 18, 2026, the Jogorku Kenesh held the first reading and approved a bill concerning amendments to a number of legislative acts of the Kyrgyz Republic related to venture financing.

The report was presented by Zhalyn Zheenaliev, Deputy Director of the National Investment Agency under the President of the Kyrgyz Republic.

The purpose of this bill is to legally define concepts such as venture financing, venture investors, funds, and managers. It is also aimed at creating more favorable conditions for attracting investments in startups and innovative projects.

The adoption of this document is expected to contribute to improving the investment climate in the country and stimulate the development of technological entrepreneurship.
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