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48 billion soms to be spent on public debt servicing in 2023

At least 48 billion soms will be budgeted for servicing the public debt of Kyrgyzstan. Finance Minister Almaz Baketaev announced at a press conference today.

According to him, the country is entering a period of peak payments on public debt. It will continue until 2030. These are loans that the Kyrgyz Republic received 10-15 years ago.

At least 15.9 billion soms were allocated to service the public debt in 2021. This year it is planned to allocate 16.4 billion.

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