Sanctions against Russia will have negative impact on the economy of Kyrgyzstan, Prime Otorbaev

Almaty. November 11. Silkroadnews - Sanctions against Russia would adversely affect the economy of Kyrgyzstan,  said Prime Minister of Kyrgyzstan Djoomart Otorbaev to KyrTAG.
"Experts predict that sanctions against Russia will last until 2016, which will also affect our economy. We already feel the first sign of crisis - devaluation of the som, which is directly related to the devaluation of the ruble. For 4 months the ruble has fallen by 42% against the dollar. This also relates to fuel prices, our market has increased the cost of fuel and lubricants, which occurred due to changes in the Russian market", - said the prime minister at the enlarged meeting of the Parliamentary Committee on Budget and Finance on Tuesday.
According to him, in August, the macroeconomic situation has changed, that should be considered when considering the budget for 2015.
"The next 2-3 years will be difficult for our economy. In August, we have prepared and submitted a draft budget in parliament, but it constitutes the basis of the economic situation in the country and the world. Today it is necessary to note that after August occurred macroeconomic changes, and most likely the document will be adjusted",- said D.Otorbaev.