An economy stabilizing fund is likely to be established in Kyrgyzstan, Tajikan Kalimbetova the Minister of Finance told the news agency “24.kg”.
“Now when an economic crisis hit the world, many countries create reserve funds to protect most vulnerable layers of population,” the minister said.
The finance ministry has reportedly prepared all required documents and now waits for the president to come back from his vacation.
The stabilizing fund is likely to be created on basis of the acting Economy Development Fund and is expected to have at least 7 billion KGS on account. The fund’s activity will be focused on natural disasters’ effects elimination.
