"The generosity of the Paris Club is caused by Kyrgyzstan's positive image on the international scene, stable economic growth, strict financial discipline and balanced foreign and domestic policy," he stressed.
"It is symbolic that the Paris Club made this decision during the parliamentary elections in Kyrgyzstan. The election campaign and the first round proved our adherence to the highest democratic principles. The signal from Paris calls on us to observe these principles during the second round," the head of state noted.
"This is an evidence of international solidarity with this country and support for our reforms," Mr. Akayev said.
According to the official information, the Paris Club decided to write off Kyrgyzstan's debt at $124 million. As of February 1, 2005, the republic's debt to the club totaled $555.1 million.
