The Jogorku Kenesh approved in the third reading a $30 million OPEC loan for sustainable development

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At today's meeting of the Jogorku Kenesh, which took place on February 4, 2026, the deputies approved the draft law on the ratification of the loan agreement between the Kyrgyz Republic and the OPEC Fund for International Development. This document, signed on September 22, 2025, in Bishkek, was adopted in the third reading.

The agreement provides for budget support from the OPEC Fund for International Development aimed at promoting the socio-economic development of Kyrgyzstan. The main areas of this support include ensuring sustainable and equitable energy supply, improving the quality of social services, enhancing climate resilience, as well as strengthening financial stability and improving the business climate in the country. Funding of 30 million dollars will be provided for a period of 20 years, with the first 5 years being concessional, and the interest rate will be 1.25%.
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