According to him, despite the increase in debt by $900 million, the share of external debt in relation to gross domestic product (GDP) has decreased from 53% to 25%, which is a positive signal for investors regarding the financial stability of the country.
Shamshiev noted: “The reduction in the share of external and state debt relative to GDP indicates the government's ability to meet its obligations. This builds trust among investors and opens up opportunities for the implementation of long-term projects, such as the Kyrgyz-Chinese railway and Kambar-Ata-1, which have been discussed for many years.”
He also added that according to international financial organizations, the country's reserves have increased almost 2.5 times: from $2.9 billion in 2021 to nearly $7 billion by 2025.
