Global South 29.10.2025 09:44 204 views

Ministry of Economy and Commerce Proposes Measures to Enhance Kyrgyz Pension Funds

The Ministry of Economy and Commerce of the Kyrgyz Republic has put forward a draft resolution to the Cabinet of Ministers to approve actions regarding Accumulative Pension Funds in the country. The goal is to boost the development of these funds, improve their sustainability, and increase efficiency.

Ministry of Economy and Commerce Proposes Measures to Enhance Kyrgyz Pension Funds

The main aim of the initiative is to fortify the non-state pension system, establish effective investment mechanisms for pension savings, and implement risk management tools such as an investment declaration and the formation of a Risk Committee. Currently, Kyrgyzstan has two operational accumulative pension funds: OJSC "NPF Kyrgyzstan" established in 1995 and CJSC "NPF Dordoi Salym" founded in 2019. These funds offer citizens the ability to manage their accumulative pension portion, select a management company, or opt to have their funds managed by the Social Fund of the Kyrgyz Republic.

Share:

Related Articles

Three Suspects Detained in Talas for Stealing 41 Yaks A major cattle theft case unfolded in Talas as 41 yaks disappeared from the Kara-Kol pasture. The incident was reported by a local resident in 2002 on October 14, 2025. Subsequently, the Talas District Police Department initiated a criminal case under Article 205-1 of the Kyrgyz Republic's Criminal Code, focusing on "Cattle theft." After conducting operational activities, law enforcement officers in Talas identified and captured three suspects involved in the theft. The individuals include a fellow villager of the victim from Talas (born in 1983, R.K.), along with two alleged accomplices - a Talas resident born in 1982 (N.T.) and a Nooken district native in the Osh region born in 1980 (M.Y.). Currently, all three suspects are in temporary detention as the investigation continues.
Three Suspects Detained in Talas for Stealing 41 Yaks
05.11.2025
Kyrgyz Republic Representative Discusses Plant Construction with Chinese Investor The plenipotentiary representative of the President of the Kyrgyz Republic in the Jalal-Abad region, Tilek Tekebaev, held a meeting with Chinese investor Zhang Men to explore the establishment of a specialized machinery assembly plant in the area. The meeting included the participation of the mayor of Manas city, along with leaders from Suzak, Bazar-Korgon, and Nookat districts. Tekebaev highlighted the project's importance, assessed the plant's capabilities and production focus, and directed local authorities to identify appropriate land for construction and develop corresponding proposals.
Kyrgyz Republic Representative Discusses Plant Construction with Chinese Investor
04.11.2025
Sketch Project Unveiled for "Seiil" Park Reconstruction in Kochkor Architects from the Kochkor District Department of Urban Planning and Architecture have revealed a new sketch project for the overhaul of "Seiil" Park in Kochkor. The initiative falls under the Ministry of Construction, Architecture, and Housing and Communal Services of the Kyrgyz Republic. Construction is currently underway, featuring plans to incorporate various amenities within the park, such as an amphitheater, a labyrinth, rides, a food court, an ice rink, and a skateboard park. The park's total area is set to expand to 4.5 thousand square meters.
Sketch Project Unveiled for "Seiil" Park Reconstruction in Kochkor
04.11.2025
Uzbekistan Introduces Visa-Free Travel for US Citizens Starting from January 1, 2026, citizens of the United States will no longer require a visa to visit Uzbekistan for stays of up to 30 days. President Shavkat Mirziyoyev signed a decree to implement this new visa-free regime, expanding it from only applying to tourists over 55 years old to now including all US citizens regardless of age. The decision aims to enhance trade, economic, and cultural ties between the two countries, as well as boost tourism. This initiative follows Mirziyoyev's earlier instruction in May for the Ministry of Foreign Affairs to begin discussions with the USA on potentially easing visa procedures for Uzbek citizens traveling to the United States.
Uzbekistan Introduces Visa-Free Travel for US Citizens
04.11.2025
Mikhail Mishustin Visits Beijing
04.11.2025
Over 350 Foreign Archaeological Missions Active in Egypt More than 350 foreign archaeological missions, along with over 60 Egyptian missions, are currently conducting excavations in Egypt, as announced by Mohamed Ismail Khaled, the Secretary-General of the country's Supreme Council of Antiquities. The disclosure was made during the sidelines of the official opening ceremony of the Grand Egyptian Museum in Giza on November 1. Khaled highlighted Egypt's openness to collaborating with all foreign archaeological expeditions when asked about cooperation with archaeologists from Russia. The significant number of international missions working in Egypt underscores the country's rich historical and archaeological significance.
Over 350 Foreign Archaeological Missions Active in Egypt
03.11.2025
Kyrgyzstan Introduces Electronic Queue for Accepting Sugar Beet This year, an electronic queue system has been implemented at sugar beet collection points in Kyrgyzstan, allowing farmers to schedule their harvest deliveries in advance. The Ministry of Agriculture announced that this new system aims to streamline the harvest delivery process, reducing wait times and transportation costs for farmers. Harvesting is currently 60-70% complete nationwide, with the Ministry of Agriculture assuring that sugar prices will remain stable, and there are no anticipated shortages in the market. Kyrgyzstan has achieved self-sufficiency in six out of nine essential food products by the end of the first nine months of 2025: potatoes, meat, milk, eggs, vegetables, and sugar.
Kyrgyzstan Introduces Electronic Queue for Accepting Sugar Beet
03.11.2025
Cases of Extortion Uncovered at Kyzyl-Tuu School In the Sokuluk district of the Chui region, a school in the village of Kyzyl-Tuu has been implicated in cases of systematic extortion and intimidation involving students. The incidents came to light following reports on October 24, 2025, on Instagram. Allegations stated that senior students were coercing money from younger peers, resorting to physical and psychological threats upon refusal. As a result of the investigation, residents of Kyzyl-Tuu, namely S.Z. (born in 1988), K.G. (born in 1988), and A.Z. (born in 1988), have provided written statements, which have been officially documented. A criminal case has been launched under Article 208 of the Criminal Code of the Kyrgyz Republic, focusing on "Extortion." Authorities are currently conducting an inquiry, and individuals found responsible will face legal consequences in accordance with the law.
Cases of Extortion Uncovered at Kyzyl-Tuu School
03.11.2025
Popular Articles
The environment of Pashinyan is destroying international institutions designed to combat slave labour

The environment of Pashinyan is destroying international institutions designed to combat slave labour

16.10.2025
EU Bans Export of Toilets and Sanitary Ware to Russia

EU Bans Export of Toilets and Sanitary Ware to Russia

23.10.2025
Importance of World Economic Forum for Global Economy

Importance of World Economic Forum for Global Economy

17.10.2025
Hegset's threats dismissed as futile by State Duma deputy

Hegset's threats dismissed as futile by State Duma deputy

17.10.2025
Ukraine Targets Russian Oil Refineries

Ukraine Targets Russian Oil Refineries

15.10.2025