Kyrgyzstan To Pay Over $1.2bn Of Foreign Debt Before 2026

Kyrgyzstan is increasing the volume of payments on its external debt. In 2023 the country paid $344m of its foreign debt, and this year it is due to settle $400m. In 2025 the figure will be $430m, declining to $390m in 2026, the chairman of the Cabinet of Ministers Akylbek Japarov announced on February 7th

According to the most recent data from the Ministry of Finance, as of November 2023 public debt amounted to $6.1bn, including $4.5bn of external debt and $1.6bn of internal debt.

Over half (52.8%, or $2.4bn) of the external debt consists of multilateral loans. The country owes $2.1bn as part of bilateral concessional loans. Of these, 37.6% ($1.7bn) is owed to the Export-Import Bank of China.