Deputy: Why take a loan of $30 million if the economy is showing good results?

Марина Онегина Exclusive
VK X OK WhatsApp Telegram
- During the plenary session of the Jogorku Kenesh on January 29, 2026, Deputy Azizbek Tursunbaev expressed doubt about the necessity of a $30 million loan from the OPEC Fund for International Development, considering the successful performance of the country's economy.

In response to this statement, Deputy Minister of Finance Nurbek Akzholov explained that these funds are needed to stimulate economic growth and provide accelerated support to the private sector.

Deputy Mahabat Mavlyanova also noted the importance of state support for small and medium-sized businesses. She emphasized that entrepreneurs need affordable loans, as they are currently forced to turn to commercial banks with high interest rates.

In response, Akzholov stated that since the pandemic, $150 million has been attracted to support small and medium-sized businesses.

Additionally, he added that plans are in place to attract $120 million from the World Bank at an annual interest rate of 8%, which will be directed towards the development of small and medium-sized businesses.

This issue arose during the discussion of the bill "On the Ratification of the Loan Agreement for the First Program for Sustainable and Inclusive Growth," signed on September 22, 2025, in Bishkek (presented for a second reading).
VK X OK WhatsApp Telegram