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Kyrgyzstan’s debt burden has fallen from 120 per cent to 39 per cent over the past six years

Published

07/21/2026, 13:27

Kyrgyzstan’s debt burden has fallen from 120 per cent to 39 per cent over the past six years

Kyrgyzstan’s national debt currently stands at 39 per cent of GDP, the country’s President, Sadyr Japarov, stated on his Facebook page.

According to him, until 2020 the external debt ratio stood at around 120 per cent of GDP, but in recent years it has been significantly reduced.

The President noted that the Cabinet of Ministers has been tasked with ensuring that the debt burden does not rise above 50 per cent of GDP.

“Unlike in previous years, every loan taken out today does not disappear without a trace. All borrowed funds are channelled into specific projects that are under 100 per cent control and are capable, in the long term, of independently ensuring the repayment of the funds invested,” said the head of state.

He emphasised that having public debt is, in itself, common practice for many countries; however, Kyrgyzstan should not follow the example of countries where this figure exceeds 100 per cent of GDP.

According to the President, the authorities are focusing their efforts on ensuring that borrowed funds are channelled into projects capable of delivering economic benefits and long-term returns.


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