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Turkey to open credit line to support Kyrgyz national budget

Kyrgyzstan Materials 19 April 2012 11:34 (UTC +04:00)

Azerbaijan, Baku, April 19 / Trend /

Turkey's Central Bank began technical procedures to open a credit line to support the national budget of Kyrgyzstan, CA-NEWS reported with the reference to the Turkish economists.

"It is necessary to determine dates and terms of financing now", economists said at the meeting with the Chair of Kyrgyzstan's National Bank Zina Azankozhoeva.

The Turkish delegation was on visit in Kygyzstan with the purpose to discuss the bilateral financial cooperation between two sides.

The economic situation, national budget and the debt issues were discussed apart from the situation in the banking sector and monetary policy of Kyrgyzstan.

Edited by: A.Badalova

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