Bishkek, Dec. 27, 2018. /Kabar/. A regular meeting of the Kyrgyz Government Council on Fiscal and Investment Policy was held under the chairmanship of Prime Minister of Kyrgyzstan Mukhammedkalyi Abylgaziyev.
The press service of the Kyrgyz Government Office reported that at the meeting, two investment projects aimed at improving the resilience of water resources to climate change and natural disasters, as well as the planned project on financing the Action Plan to ensure safe operation of the Kambarata hydropower plant 2 as part of the project on commissioning the second hydraulic unit of the Kambarata hydropower plant 2 were considered.
Heads of relevant ministries and departments of the country spoke on the relevant areas.
During the discussions, the head of government emphasized the importance of developing an effective mechanism for repayment of loans.
“In the future, we must have such a mechanism. There should not be such an attitude. We should not think that this is a problem for those who comes after us in the future. This is wrong - our children will come, and if we do not leave them a strong economy, a strong country, how will they effectively cope with this burden? Now, for example, our taxpayers actually repay loans that were once taken a long time ago. Therefore, we must carefully consider the development of effective mechanisms for repaying loans,” Abylgaziyev said.
Following the meeting, members of the Council decided to approve the above investment projects, taking into account the suggestions and comments made.
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