President of Kyrgyzstan Sadyr Japarov told in an interview with Kabar news agency that he has been negotiating with several countries on writing off country’s external debt.
Two countries have already tentatively promised to write off $120 million of our foreign debt.
Sadyr Japarov
He added that if all goes well, the country will be free of this burden by the end of the year.
«We will use these funds for transition to a green economy,» the President said.
According to Sadyr Japarov, Kyrgyzstan is at the forefront in the transition to green economy. It is building more than 60 small and medium-sized hydropower stations throughout the country, stations for generating energy from the sun and wind. The electric vehicle production plant will start operating this year.
