Kyrgyzstan offers 150,000 soms to entrepreneurs hiring unemployed workers
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The Ministry of Labor in Kyrgyzstan is launching a pilot project to provide non-repayable financial assistance to business owners who hire registered unemployed individuals.
A. Aliyasov, the First Deputy Minister of Labor, Social Protection, and Migration, announced that entrepreneurs can receive 150,000 soms for each person hired. The initiative aims to create jobs and move citizens from low-income families toward official employment to reduce their reliance on state aid.
The project will run for 12 months in Bishkek, Osh, Karakol, and the Kadamjay district. The ministry will select businesses based on their stable income, offered salaries, and training opportunities. Priority will go to entrepreneurs who previously took part in the Social Contract program. Since 2022, the Social Contract program has signed agreements with nearly 60,000 low-income families. Most participants are women, and the majority of projects involve agriculture.
The ministry plans to use current evaluations from the Audit Chamber and the National Institute for Strategic Initiatives to improve participant selection and project monitoring.
