According to the Finance Ministry, the revised national budget plans for the issuance of digital government securities, which will add 5.2 billion som to the consolidated budget in 2026. Repayment of these digital securities is also planned for the same year.
Purpose of raising funds for municipal enterprises
In an explanatory note, the Finance Ministry explains that the digital treasury obligations are being issued for two municipal enterprises in order to compensate for uncovered expenses and losses.
Purpose of the funds
The funds allocated to Bishkekteploset are intended to compensate for uncovered losses incurred in the generation and sale of thermal energy for heating and hot water supply needs under the state tariff policy. For OshTeploEnergo, the funds are directed to compensating for uncovered expenses related to the generation and sale of thermal energy for heating needs.
Under the Budget Code of the Kyrgyz Republic, the consolidated budget of the general government sector includes the state budget (national + local budgets), as well as the budgets of the Social Fund and the Compulsory Medical Insurance Fund.
