Kyrgyz authorities propose penalties for use of dollars

Kyrgyz authorities propose penalties for use of dollars

In Kyrgyzstan the Ministry of the Economy has proposed introducing penalties for the use of the US currency in internal calculations due to the dedollarization of the economy.

"There is a strengthening of responsibility. There may be changes to the administrative code, because we have a free economy and the use of dollars is not a criminal offense. I can say that we can accept the penalties and administrative measures," the head of macroeconomic policy of the Ministry of the Economy, Nasirdin Shamshiev, said.

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