Sadyr Japarov stated that Kyrgyzstan has reduced the volume of debt in the energy sector by five times. How?
He reminded that at the beginning of 2021, the total debt of the industry reached 137 billion soms, which is equivalent to approximately 1.5 billion dollars.
According to the head of state, thanks to reforms, the fight against corruption, and the reduction of theft, the debt amount has decreased to 25 billion soms. Japarov expressed hope that by the end of next year, the debt will be fully repaid, and the energy sector will start generating profit. Thus, over five years, such positive changes have been achieved.
Regarding the electricity deficit in winter, the president noted that at the opening of the Kara-Kul Hydroelectric Power Station, he had already spoken about plans: in two and a half years, Kyrgyzstan will stop importing electricity and become completely self-sufficient. The president confidently stated that there will be no more outages in winter.
Read also:
The amount spent by the authorities to pay off the national debt since the beginning of the year has been announced.
From January to September of this year, 55 billion 530.3 million soms were allocated for the...
Electricity Shortage in Winter: President Urges Citizens to Endure for Another 2.5 Years
“God willing, in 2.5 years we will no longer import electricity in winter” At the official launch...
A New Training Center for the "Alpha" Special Forces Unit Opened in the Jalal-Abad Region
On October 27, President Sadyr Japarov opened a new training center for the special unit...
Sadyr Japarov urges not to complain about power outages: Endure for another 2.5 years
Addressing the people on October 27 during his working trip to the Jalal-Abad region, Zaparov...
The state debt of Kyrgyzstan has increased again
According to the Ministry of Finance as of August 31, the total amount of Kyrgyzstan's state...
Kyrgyzstan will start printing banknotes of 20 and 50 soms independently
Starting from November 17, Kyrgyzstan will begin printing banknotes in denominations of 20 and 50...
Sadyr Japarov suggested to the head of the National Bank how to earn more from gold.
On October 28, President Sadyr Japarov attended the opening of the new building of the National...
Kyrgyzstan will abandon electricity imports in 2.5 years — Sadyr Japarov
President of Kyrgyzstan Sadyr Japarov announced that soon, specifically in 2.5 years, the republic...
Sadyr Japarov Prepares for Visit to the USA at the Invitation of Donald Trump
President of the Kyrgyz Republic Sadyr Japarov will participate in the summit of Central Asian and...
Financial Record: The Central Bank Accumulates $7.5 Billion in Reserves
The official opening of the new building of the National Bank of the Kyrgyz Republic took place in...
In Kyrgyzstan, budget revenues from income tax are increasing
According to information provided by the Ministry of Finance, from January to September of the...
President Sadyr Japarov inaugurated the "Kara-Kul" Hydroelectric Power Station worth $25 million
The hydroelectric power station is located in the lower reaches of the Kara-Suu River, where it...
Today, the som is one of the most stable currencies in the CA – Sadyr Japarov
At the opening ceremony of the new building of the National Bank in Bishkek, the President of...
President Sadyr Japarov opened the training center of the State Committee for National Security in Jalal-Abad Region
The President of Kyrgyzstan, Sadyr Japarov, visited the Jalal-Abad region on October 27, where a...
In Bishkek, the development of virtual assets is being discussed with the participation of Sadyr Japarov.
Today, October 24, in Bishkek at the "Yntymak Ordo" venue, a meeting of the National...
Sadyr Japarov: The new National Bank storage facility can hold up to 1000 tons of gold
On October 28, President Sadyr Japarov inaugurated the new building of the National Bank of the...
The mortgage company increased its capital to 87.5 billion soms – president
During the opening ceremony of the residential complex "Asman Residence-4," held in the...
Sadyr Japarov opened a new building of the National Bank with an area of 22,000 sq m
- Sadyr Japarov opened the new building of the National Bank of the Kyrgyz Republic on October 28....
Sadyr Japarov was surprised when the speaker of the city council requested 300 million soms for the reconstruction of facilities.
The speaker of the Kara-Kul City Council, Chyngyz Kimsanov, addressed President Sadyr Japarov with...
Minister of Energy: It's incorrect to say that we are fully prepared for winter
In an interview on "Birinchi Radio," Ibraev emphasized that last year, 2 billion soms...
Kamchybek Tashiev: There Should Be No Power Outages in Winter!
“Creating difficulties for citizens” Quality service for citizens, especially in the energy...
In the queue for housing from the State Housing Fund, more than 69 thousand citizens are waiting.
More than 13 thousand families have already received apartments...
Sadyr Japarov and the founder of Binance discussed the development of digital technologies in Kyrgyzstan
Today, October 24, a meeting took place between President Sadyr Japarov and the founder of the...
Kyrgyzstan ranks 19th in the global cryptocurrency adoption index - Sadyr Japarov
On October 24, a meeting of the National Council for the Development of Virtual Assets and...
The President was informed and shown how preparations for the upcoming elections are progressing
On October 30, President Sadyr Japarov was briefed on the testing of remote voting being conducted...
Sadyr Japarov launched the "Kara-Kul" Hydroelectric Power Station
According to information from the president's press service, the hydropower plant was built...
The law establishing the rules for determining the limit on the percentage or markup of loans has been signed
According to information provided by the press service of the President's Administration,...
S. Japarov Invites Investors to Kyrgyzstan
S. Japarov invited the Japanese company Japan DX to invest in Kyrgyzstan The President of the...
The holiday initiated by Kyrgyzstan is celebrated at the UN for the first time
Today, October 23, the International Snow Leopard Day is celebrated for the first time on a global...
The National Bank will start issuing banknotes in denominations of 20 and 50 soms in November.
- During his visit to the numismatic museum of the new administrative building of the National Bank...
Sadyr Japarov opened the training and educational center of the special unit "Alpha"
During his working trip to the Jalal-Abad region, President Sadyr Japarov participated in the...
Reserves of the National Bank of Kyrgyzstan in gold and currency increased by almost 2.7 times
The reserves of the National Bank of the Kyrgyz Republic from the revaluation of foreign currency...
The Kyrgyz Republic ratified the agreement on a unified customs transit system of the EAEU and a third party.
President Sadyr Japarov approved the Law "On the Ratification of the Agreement on a Unified...
The President signed the Law "On Consumer Credit". What has changed for Kyrgyzstanis
President Sadyr Japarov has approved the Law "On Consumer Credit," which was adopted by...
The President ordered to start the construction of mortgage houses in the city of Kara-Kul
On October 27, 2025, President Sadyr Japarov announced the start of construction of mortgage houses...
Find the teachers, it's your job. Sadyr Japarov reprimanded the mayor of Kara-Kul.
During his visit to the Jalal-Abad region, President Sadyr Japarov participated in the opening of...
"You Tied Your Own Hands." Sadyr Japarov Proposed That the National Bank Sell Bullion Bars Without Requiring Documents
- On this day, Sadyr Japarov participated in the ceremonial opening of the new NBKR complex. The...
Electronic Delivery of Fines for Traffic Violations. The President Signed Amendments to the Code of Offenses
The President of the Kyrgyz Republic, Sadyr Japarov, has signed a law concerning amendments to the...
Sadyr Japarov launched a hydropower plant financed by a domestic investor
On October 27, President Sadyr Japarov made a working trip to the Jalal-Abad region, where the...
Amendments Made to the Law on State Benefits
The President of the Kyrgyz Republic, Sadyr Japarov, has signed a new law "On Amendments to...
More than 9 billion soms are the assets of the Deposit Protection Agency
As of September 30, 2025, the assets of the Deposit Protection Agency reached 9.136 billion soms,...
Payments to Kyrgyzstan from EAEU countries for duties continue to decline
From January to September of this year, Kyrgyzstan received 16 billion 685.1 million soms in import...
Routes of Auto Tourism by Regions of the Republic
The longest and most extensive routes covering various regions of the republic are as follows:...