Deputy Minister of Finance Nurbek Akjolov reported that these funds will be directed to support the country's budget. The loan is provided for a period of 20 years, with a grace period of five years and an interest rate of 1.25%.
According to Akjolov, this money will be used to stimulate economic growth. In particular, the State Enterprise "Kyrgyzneftegaz" will receive funding for the modernization of its oil refinery.
