China proposes to extend debt payment for 4 years under 2% interest, 2.9 billion soms overpayment: Acting PM

AKIPRESS.COM - MP Ainuru Altybayeva asked about the conditions China agrees to extend debt payments on November 25 at a meeting of Parliament.
Acting Prime Minister Artem Novikov said that consultations are underway.
He said China was proposed to extend debt payment for 4 years, the interest rate of 2% is offered by China. Overpayment will amount to 2.9 billion soms, he said.
The MP noted that this is a very big sum.
Novikov replied that China accounts for the bulk of public debt of Kyrgyzstan.