As of the end of June state debt of Kyrgyzstan reached $698.7 per capita. Over the month, the debt burden has grown by $2.7.
According to the Ministry of Finance, as of June 30 the total volume of the state debt (external + internal) of Kyrgyzstan amounted to $4,471.91 billion (310,765.75 billion soms), including $3,792.64 billion (263,561.38 billion soms) of external, and $679.27 million (47,204.37 billion soms) of internal debt.
Over the month, the country’s debt has increased by $18.05 million. At the same time, external debt grew by $9.64 million, and internal – by $8.41 million. Kyrgyzstan still owes the most to the Export-Import Bank of China – $1,702 billion (44.9% of the country’s total external debt). Over the month, the figure has increased by $540,000.
At the end of June the state debt amounted to 51.4% of GDP.
As of July 1, at least 6.4 million people lived in the republic. An average salary in the Kyrgyz Republic is 16,287 soms. To pay off the state debt, each Kyrgyzstani has to give 2.98 salaries. (24.kg/Business World Magazine)
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