The Cabinet of Ministers has submitted a draft resolution for public discussion that radically revises the approach to state property management. The document, prepared by the State Agency for State Property Management, proposes a number of changes, the most significant of which is the possibility of selling state property at a discount of up to 30% and in installments.

If an object has been put up for auction three times but has not attracted any buyers, the state will be able to sell it to a specific person at a 30% discount from the initial starting price. The transaction will only be possible with the approval of the national security authorities. In this way, the authorities intend to reduce the costs associated with maintaining unclaimed assets while retaining control over strategically important properties.

The draft law also establishes the possibility of payment in installments for the first time. A deferral of up to one year will be granted for the sale of large assets worth more than 100 million som or involving enterprises with state participation. For assets worth between 50 and 100 million som, a three-month deferral is permissible. A mandatory condition is an initial payment of at least 30%.

Among other changes is the expansion of the grounds for transferring property to state ownership. Now this is possible not only by court decision, but also by voluntary agreement of the parties. Moreover, a person who has transferred an object to the state free of charge will be able to lease it for up to ten years — this measure is aimed at encouraging voluntary transfer of property.

In addition, the procedure for property valuation has been clarified: now the market value will be determined exclusively by experts from the Judicial Expertise Service under the Ministry of Justice. Auction steps are also being standardized — from 1% for properties worth up to 10 million soms to 0.1% for lots worth over a billion.

Public discussion of the draft will continue until the end of May. If approved, the resolution will come into force ten days after its official publication.