Published
09/24/2025, 07:42The draft republican budget for 2026 completely lacks funding for the state institution ‘Tündük’. Compared to the current year, expenditures have been reduced by 59.3 million KGS, or 100%.
Funding has not been allocated because Tunduk is no longer a state institution. In July this year, the structure was transformed into an open joint-stock company of the same name. The initiative belonged to the Ministry of Digital Development and was implemented in order to comply with the presidential decree on measures to further improve digital transformation and the Cabinet's decision to establish a joint-stock company on 7 July 2025.
The new joint-stock company was registered with the Ministry of Justice on 15 July. While the Cabinet of Ministers was the sole founder of the state institution ‘Tündük’, the Ministry of Digital Development is now the sole founder of the open joint-stock company. At the same time, the state institution is still listed in the documents of the Ministry of Justice.
Thus, next year, the development of Tunduk will not be carried out through direct budget financing, but through share capital mechanisms and attracting investments.
It is important to note that the state has made a significant contribution to the work of the joint-stock company. The budget has allocated 500 million KGS for the authorised capital of Tunduk OJSC, of which 200 million KGS will be allocated this year and another 300 million KGS in 2026. This money should ensure the basic stability of the company and allow it to independently attract resources for further development.
