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Kyrgyzstan expects to get $10 mln tranche from Turkey in 2012, $40 mln in 2013

Business Materials 29 October 2012 16:27 (UTC +04:00)

Azerbaijan, Baku, Oct. 29 / Trend V. Zhavoronkova/

Kyrgyzstan expects to receive $10 million tranche from Turkey according to a credit agreement in 2012 and $40 million tranche in 2013, Tazabek reported on Monday.

The country's parliamentary committee examines a bill on amendment to an agreement on $100 million loan allocation between Kyrgyzstan and Turkey.

The Kyrgyz government operates to master the funds.

The loan term is 20 years with a preferential period of 7 years with an interest rate of 0.1 percent.

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