The Ministry of Finance of Kyrgyzstan announced its intention to place temporarily free budget funds in commercial banks. According to the press service of the ministry, the relevant proposals will be considered by the tender commission.

The total amount of placed funds will amount to 15 billion soms, which will be distributed into fourteen deposits with amounts from 100 million to 3.5 billion soms. The term of placement of funds is 12 months, and the minimum interest rate considered by the Ministry is set at 6%.

The procedure for selecting banks and deposit products should be completed next week, as the Ministry of Finance plans to place the funds until December 25, 2025.

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