New electricity tariffs may be approved in 2019, Deputy Head of the State Agency for Regulation of the Fuel and Energy Complex, Mirgul Aidarova, declared at a round table discussion.
According to her, the peak of loan payments will come in 2025 – 11 billion soms. Kyrgyzstan has to determine the sources of financing by this time.
“We propose not to increase the wage fund in the energy companies. We hope that in 2019 we will adopt a new tariff policy,” said Mirgul Aidarova.
The state agency also proposes to introduce a moratorium on new loans.
“The debts of the companies are large, and they must be paid. In addition, we need to raise prices for the export of electricity,” explained Mirgul Aidarova. (24.kg/Business World Magazine)