The World Bank Identified a Key Issue in the Fight Against Climate Disasters in Kyrgyzstan
The financial deficit is determined by comparing planned funds with estimates of the need for state financing. According to the latest data, approximately $60 million can be allocated from the state budget reserve, which serves as a financial safety cushion, for these purposes.
Experts say that "in the event of a major and unexpected natural disaster, this could cause significant financial difficulties for the government."
The report also states that a flood with a 50-year recurrence probability could lead to a financial deficit ranging from $65 million (minimum) to $92 million (maximum), with an average value of $79 million. In the case of a flood with a 100-year recurrence period, this deficit could increase to between $76 million (minimum) and $106 million (maximum), with an average figure of $91 million.
Photo on the main page: press service of the Ministry of Emergency Situations of the Kyrgyz Republic.