Kyrgyzstan’s state-backed mortgage company will cease building residential housing in Bishkek, Osh, and regional capitals, President Sadyr Japarov announced during a meeting with residents of Naryn Province. The decision aims to redirect resources and address housing needs in other areas of the country. Japarov indicated a shift in focus towards developing housing in smaller cities and rural communities. No specific reasons were given for the change in strategy beyond a general re-evaluation of priorities. This move impacts future housing projects planned for the nation’s largest urban centers. The announcement was made publicly during a regional outreach event, signaling a potential broader policy shift regarding urban development. Further details regarding the implementation of this new policy are expected to be released by the Mortgage Fund.