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Kyrgyzstan registers increase in external, domestic debts in March 2023

Finance Materials 10 May 2023 13:36
Trend News Agency
Kyrgyzstan registers increase in external, domestic debts in March 2023

BAKU, Azerbaijan, May 10. The public debt of Kyrgyzstan amounted to $5.6 billion as of the end of March 2023, Trend reports via the Ministry of Finance of Kyrgyzstan.

Of that amount, $4.5 billion is external debt, and $1.1 billion is internal debt.

According to the ministry, the public debt increased by $24.2 million in March 2023. The external debt grew by $16.7 million and domestic debt – by $7.5 million.

The public debt accounted for 53.03 percent of the Kyrgyzstan’s GDP in the reporting period.

The largest share (51 percent or $2.3 billion) of the external debt fell on multilateral loans of Kyrgyzstan.

Meanwhile, the bilateral soft loans of Kyrgyzstan in March 2023 made up 47.8 percent of the country’s external debt ($2.1 billion), with 39 percent of them fell on the debt to the Export-Import Bank of China ($1.7 million).

The public debt of Kyrgyzstan amounted to $5.5 billion as of the end of 2022. Of them, $4.4 billion was an external debt and $1.9 - domestic debt.

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