Kyrgyzstan's Soaring National Debt: A Worrying Trend

Kyrgyzstan's Public Debt Rises to $6.7 Billion BISHKEK, Kyrgyzstan — Kyrgyzstan's public debt has increased to \$6.716 billion as of March 31, 2025, according to a recent report. This represents a \$471.1 million increase compared to the same period last year. The government's financial statement shows that external debt accounts for \$4.492 billion, while internal debt is \$2.223 billion. The significant rise in the national debt is primarily due to an increase in internal borrowing. Economists are closely monitoring the situation and its potential impact on the country's economic stability. "The rising internal debt is a concern," said economist Timur Sadykov in an interview. "It's crucial for the government to implement effective measures to manage this debt and prevent further strain on the economy." The government has yet to release an official statement addressing the debt increase. However, the situation highlights the need for sustainable fiscal policies to ensure long-term economic stability in Kyrgyzstan.