Kyrgyzstan to Invest Public Budget Surplus in China-Kyrgyzstan-Uzbekistan Railway Project
Summary
Kyrgyzstan will direct a portion of its 2025 public budget surplus into the joint venture’s charter capital for the China-Kyrgyzstan-Uzbekistan railway project, as announced by the Finance Ministry’s Budget Policy Department Head Talas Aidarbek uulu during public hearings on the budget draft.
Kyrgyzstan has announced plans to allocate part of its public budget surplus in 2025 as a contribution to the charter capital of the joint construction company responsible for the China-Kyrgyzstan-Uzbekistan railway project. Talas Aidarbek uulu, the Head of the Budget Policy Department of the Finance Ministry, revealed this decision during public consultations regarding the draft of the 2025 public budget.
The China-Kyrgyzstan-Uzbekistan railway is an essential infrastructure project aimed at enhancing connectivity and trade between these three nations. The project is part of a larger initiative to improve regional integration and economic cooperation within Central Asia. By contributing to the charter capital of the joint construction company, Kyrgyzstan seeks to solidify its commitment to the project and ensure its financial viability.
In summary, Kyrgyzstan’s decision to channel part of its 2025 public budget surplus into the construction of the China-Kyrgyzstan-Uzbekistan railway highlights the country’s strategic investment in infrastructure development. This move emphasizes the importance of regional cooperation and economic growth in Central Asia.
Original Source: akipress.com
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