BISHKEK (TCA) — The President of the Kyrgyz Republic Sooronbai Jeenbekov has signed an agreed version of the Law of the Kyrgyz Republic “On Conflict of Interests”, the presidential press service reported.
The law was adopted by the Kyrgyz Parliament (Jogorku Kenesh) on December 7, 2017.
The purpose of the Law is to unify and improve the legislation on the conflict of interests; the introduction of mechanisms for the timely identification, prevention and settlement of conflicts of interest; as well as providing practical assistance to state agencies and government officials in maintaining the integrity of official political and administrative decisions in the public administration system, the press service said.
The law is aimed at improving the institution for resolving a conflict of interests, reducing the number of situations in which officials find themselves in a situation that leads to corruption.
The law determines the organizational and legal framework for managing conflicts of interest in the activities of state civil servants and municipal employees and heads of institutions, organizations and enterprises whose activities are financed from the state or local budget or in which the state has a share in the authorized capital.
The law enters into force six months after the day of its official publication.
