Finance Ministry plans to issue 15.4 billion soms of state securities in 2020 to cover the budget deficit

AKIPRESS.COM - The state budget deficit in 2020 will be financed from the proceeds from the issuance of state securities for 15.4 billion soms, the Finance Ministry's document on the main directions of fiscal policy of Kyrgyzstan for 2020-2022 said.
15 billion soms in state securities will be issued in 2021 and 2022, too.
Issuance and placement of state securities in 2020-2022 was revised towards increasing long-term securities.