Kyrgyzstan

EDB investment portfolio

01/09/2020

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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April 2020. Outlook update
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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%.
28 January 2020
Amangeldy Issenov, Deputy Chairman of the Management Board of the Eurasian Development Bank (EDB), and Yerzhan Igibayev, Head of the National Association of Elevator Companies of Kazakhstan, signed a memorandum of cooperation. The parties intend to develop long-term and mutually beneficial cooperation and run projects in Kazakhstan’s elevator sector. In particular, they plan to finance investment projects in the sector and share knowledge and experience
20 January 2020
The Top Ten Risks for Eurasia in 2020 rating was presented at the fifth session of the Astana Club – a political forum chaired by the First President of the Republic of Kazakhstan

Bishkek Representative Office

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

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