Kyrgyzstan in talks to restructure $1.8 bln in debt to China


Reuters | Bishkek | Updated: 29-04-2020 12:30 IST | Created: 29-04-2020 12:19 IST
Kyrgyzstan in talks to restructure $1.8 bln in debt to China
Representative Image Image Credit: Wikimedia Commons
  • Country:
  • Kyrgyz Republic

Kyrgyzstan is in talks with the Export-Import Bank of China to restructure its debt, Deputy Prime Minister Erkin Asrandiyev said on Wednesday.

The Central Asian nation, which owes the Eximbank $1.8 billion, said last month it would seek debt relief due to the impact of the coronavirus pandemic on its economy.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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