The meeting included Aman Abdybapov, who is the head of the state debt and assets management department, and Bakyt Mamytov, the general director of the Joint Stock Company "Issuer of Virtual Assets".
According to the provided data, Kyrgyzstan has been able to enter the international capital market for the first time due to stable growth in fiscal indicators, improvement in the macroeconomic situation, and increased trust from investors. The funds raised will be directed towards the development of infrastructure, the energy sector, and strengthening the financial system of the country.
The interview paid special attention to the launch of a new state stablecoin USDKG, which will be backed by physical gold. This project is seen as a strategic step for:
– improving cross-border settlements;
– increasing investment attractiveness;
– expanding financial technologies;
– strengthening the economic sovereignty of Kyrgyzstan.
The Ministry of Finance noted that prudent budget policy and maintaining debt sustainability continue to foster trust from international partners, thereby creating favorable conditions for attracting new investments.
