After a week of mass street protests demanding constitutional change, the opposition and pro-government lawmakers drafted a compromise agreement Tuesday. Under the agreement, the president will lose the right to dissolve parliament, and parliament will appoint the prime minister and the Cabinet.
"The president will sign the amendments to the parliamentary regulations after a legal expert examination is completed," the presidential press service said.
Parliament submitted draft amendments to President Kurmanbek Bakiyev on Wednesday morning.
The parliamentary speaker has said parliament will start discussing the new constitution at 10.00 p.m. local time (5.00 p.m. GMT).
"We have coordinated the last contested issues. We will start discussing the new fundamental law of the country at 10.00 p.m.," Marat Sultanov said.
Russia has kept a close eye on the political standoff in the mountainous country, at the heart of the struggling post-Soviet Central Asian region in which world powers are competing for political and economic influence, since mass protests began over the president's failure to implement reforms.