Kyrgyzstan 2027 draft budget allocates 429.5 bn soms to public debt

Kyrgyzstan's Ministry of Finance has proposed a draft republican budget for 2027 with a planning period covering 2028–2029. The draft allocates 429.5 billion soms for servicing state debt: 160 billion soms for external obligations and 269.5 billion soms for domestic ones. The government has submitted the draft to the Jogorku Kenesh, the parliament, for consideration, according to KTRK.

The ministry forecasts budget revenues of 728.3 billion soms in 2027, equal to 26.6% of GDP, and expenditures of 695.8 billion soms, or 25.4% of GDP, excluding financial assets. Spending on social protection is set to rise by 83.9% in 2027, and the ministry expects a budget surplus of 32.5 billion soms. As of 31 July 2026, state debt stood at 10.16 billion dollars, or 888.2 billion soms.

The ministry projects economic growth of 10.4% in 2028 and 7.4% in 2029, with an average of 8.7% for 2026–2029. Average annual inflation over the same period is estimated at 7.8%.