Kyrgyzstan should repay loan for North-South road until 2042
Until 2042,
It is noted that the Saudi Fund for Development allocated for this project a loan of 75 million Saudi riyals (approximately $ 20 million). It is issued at 1 percent per annum. The repayment period is 25 years, including a five-year grace period.
The total cost of the project of reconstruction of the alternative North-South road is $ 33.8 million. The government of
Officials of the Ministry of Transport and Roads believe that this will not be a big burden for the state budget.
