Kyrgyzstan

EDB investment portfolio

01/11/2020

9 projects

$115 million

1.2% of the total

EFSD investment portfolio

01/08/2020

7 projects

$383 million

7% of the total


Kyrgyz Republic became a full member of Eurasian Development Bank in August 2011. Its contribution to the Bank’s capital is US $100,000.

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Publications

Eurasian Economic Integration – 2019
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October 2020. Kyrgyz Republic: trends and forecasts
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19 November 2020
The Eurasian Development Bank (EDB) borrowed CNY 1.5 billion (around US $230 million) from the Export-Import Bank of China (Exim Bank of China) to finance transboundary transactions between China and the Bank’s member countries – Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, Russia, and Tajikistan. The respective agreement was signed on 16 November 2020. The loan facility has been extended for five years
12 October 2020
The Eurasian Intergovernmental Council’s (EIC) meeting in Yerevan discussed the Travelling without COVID-19 project developed and presented by the Eurasian Development Bank’s (EDB) Digital Initiative Fund to foster economic activity and free movement
27 August 2020
The EFSD has presented the results of its efforts to stress test debt sustainability and financial needs of the Kyrgyz Republic and Tajikistan
12 August 2020
The Ministry of Finance of the Kyrgyz Republic and the Eurasian Development Bank (EDB), as the Resources Manager of the Eurasian Fund for Stabilization and Development (EFSD), signed an agreement to extend a financial credit to the Kyrgyz Republic from the EFSD to support the country’s budget amid the COVID-19 pandemic. The documents were executed by Baktygul Jeenbayeva, Minister of Finance of the Kyrgyz Republic, and Andrey Shirokov, Acting Executive Director of the EFSD Project Unit
07 August 2020
The Council of the Eurasian Fund for Stabilization and Development (EFSD) resolved to provide US $100 million to the Kyrgyz Republic. The loan will be used to implement the Kyrgyz Government and National Bank’s programme to counter the impacts of COVID-19 on the economy and the financial and social sectors
23 July 2020
Nikolai Podguzov, Chairman of the Management Board of the Eurasian Development Bank (EDB), and Mikhail Myasnikovich, Chairman of the Board of the Eurasian Economic Commission (EEC), discussed prospects for restoring the Eurasian Economic Union’s (EAEU) economies after the pandemic and expanding trade and economic ties through investment
20 March 2020
ACRA affirmed the Eurasian Development Bank’s (EDB) credit rating at A-/stable on the international scale, and AAA(RU)/stable on the national scale
04 March 2020
The amount in settlement and deposit accounts opened with the Eurasian Development Bank (EDB) currently exceeds US $440 million. Andrey Beliyaninov, Chairman of the EDB’s Management Board, told this at a lecture for Finance Faculty students of Plekhanov Russian University of Economics
30 January 2020
While the current dynamics are sustainable, potential changes in external conditions may have a notable adverse effect on the Kyrgyz Republic’s debt sustainability: a global economic recession may increase public debt to 74%.

Bishkek Representative Office

Address:
21 Erkindik Blvd., Bishkek, 720040, Kyrgyz Republic

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