Kyrgyzstan owes China $1.4 billion, finance official tells parliament

September 14, 2026 at 10:01 AM2 min

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Kyrgyzstan's debt to China stands at $1.4 billion, Deputy Finance Minister Umutjan Amanbaev told a parliamentary committee on September 14. The debt now equals 16% of budget revenue, down from 90-100% before 2020. Amanbaev said the country could repay the full amount but prefers to follow the payment schedule.

Key Facts

Kyrgyzstan's debt to China is $1.4 billion, Deputy Finance Minister Umutjan Amanbaev told a parliamentary committee on September 14.
The debt to China previously reached 40% of Kyrgyzstan's total state debt and has since fallen to 27%.
Before 2020, the debt to China equaled 90–100% of the country's budget revenue; it now stands at 16%.
Kyrgyzstan allocated 77 billion soms for debt service this year, with about 70% going to external debt.
Amanbaev said Kyrgyzstan has no overdue debt and could repay the entire amount to China but prefers to follow the payment schedule.

Debt Figures

Deputy Finance Minister Umutjan Amanbaev announced the $1.4 billion figure during a meeting of the parliamentary committee on agrarian policy, water resources, subsoil use, ecology and environmental protection. He was responding to a question from MP Ismanali Zhoroev about why Kyrgyzstan's debt has been growing since 2017. Amanbaev said the share of China debt in total state debt fell from 40% to 27%. Before 2020, the debt to China was equal to 90–100% of the country's budget revenue, but now it is only 16%.

Debt Service

Kyrgyzstan directed 77 billion soms to debt repayment this year, with 70% of that amount going to external debt. Amanbaev stated that the country currently has no overdue debt. He said Kyrgyzstan could repay the entire debt to China without problems but prefers to adhere to payment deadlines and gradually reduce the debt. The deputy minister added that all new loans are taken only for development and are linked to economic growth.