They believe that financing the budget, which will require support for the inefficient energy sector, the implementation of major infrastructure projects (such as the Kambar-Ata Hydroelectric Power Station and the China-Kyrgyzstan-Uzbekistan railway), as well as for the recapitalization of the State Mortgage Company and state banks, will necessitate attracting additional donor resources and increasing both domestic and external public debt. Furthermore, inflation in the republic may rise due to the increasing cost of fuel and lubricants and a decrease in budget revenues caused by a reduction in goods imports and gold production, which accounts for nearly 50% of budget revenues.
Among the threats, specialists also noted a decline in remittances, which could occur against the backdrop of changing labor conditions for migrants and a slowdown in wage growth in Russia.
