Regulatory Impact Assessment (RIA)

 

Country: Kyrgyz Republic

Client: World Bank, Secretariat for Direct Foreign Investments

Team leader: Market Economy Institute, Bulgaria

 

Project description:

The purpose of regulatory impact assessment (RIA) is to ensure transparency and accountability of legislative activity in the Kyrgyz Republic and mobilize resources and expertise for better quality of legislative acts.

 

Project objectives:

·         Increase political transparency through impact analysis of policy documents;

·         Develop instruments for public participation in discussion of policy papers;

·         Introduce general methodology of impact analysis tools.

 

Description of actual services provided by consultants:

Analysis of existing legal system;

Analysis of entry points for introduction of RIA in government;

Analysis of business’s opinion on expenditures necessary to observe legal requirements;

Development of recommendations for introduction of RIA methodology.