Kyrgyz parliament backs new government

By bne IntelliNews November 6, 2015

Kyrgyzstan’s unicameral parliament Jogorku Kenesh has officially approved the full composition and structure of a new government led by Temir Sariyev, who had already served as Prime Minister in the last months of the previous parliament, the Jogorku Kenesh said in a statement on November 5.

The formation of the new government follows the creation of a parliamentary majority coalition led by President Almazbek Atambayev's Social-Democratic Party (SDPK). The country held an election on October 4, but none of the elected parties managed to win an absolute majority, making a parliamentary coalition necessary to form a government. The majority coalition amounts to 80 of 120 seats in parliament and consists of SDPK, which won the election with 27.56% of the votes (38 out of 120 seats), Ata-Meken (11 seats), the Kyrgyzstan party (18 seats), and Onuguu-Progress (13 seats).

“The country is ready for its next phase of development marked by a dynamic economy and rising incomes across the population," Sariyev said in a speech before the Jogorku Kenesh.

The main pillars of the government programme unveiled by Sariyev include macroeconomic stability, high level of investment, promotion of exports and import substitution and the development of a functional financial system.

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