News

Presidents of ADB, Kyrgyz Republic discuss bank’s support for country’s fight against COVID-19

Asian Development Bank (ADB) President Masatsugu Asakawa and Kyrgyz Republic’s President Sooronbai Zheenbekov discussed how ADB can scale up its support for the government’s response to the novel coronavirus (COVID-19) pandemic.

Kyrgyz Republic gets World Bank financing to respond to COVID-19 pandemic

The World Bank’s Board of Directors approved $12.15 million from the International Development Association (IDA) for the Kyrgyz Republic Emergency COVID-19 Project

EBRD allocates $150 million for infrastructure development in Tajikistan

A $150 million loan by the EBRD will finance the construction of a 44-kilometer stretch of the M41 road, the main transport corridor in the country linking Tajikistan with the Kyrgyz Republic, Kazakhstan, and China.

ADB deal with RG Brands to support women-run businesses in Kazakhstan, Kyrgyz Republic

The Asian Development Bank (ADB) and RG Brands, a leading food and beverage group in Kazakhstan, signed a $20 million loan to modernize operations along the company’s regional distribution chain.

ADB to help improve rural water supply, sanitation in Kyrgyz Republic

The Asian Development Bank (ADB) has approved a $27.4 million financing package to provide safe and reliable water supply and sanitation services to more than 64,000 people living in a mountainous rural area of the Kyrgyz Republic.

ADB, Kyrgyz Republic sign agreement to complete Uch-Kurgan hydropower plant upgrade

The Asian Development Bank and the Government of the Kyrgyz Republic have signed a $100 million financing package to modernize aging equipment and improve power generation capacity at the Uch-Kurgan hydropower plant.

Comprehensive Reforms Can Help Kyrgyz Republic Achieve Faster, More Inclusive Growth — ADB

The Kyrgyz Republic is poised to achieve faster and more inclusive growth over the next decade as the government implements reforms that promote economic diversification, good governance, private sector participation, integration of technology in key economic sectors, and better social protection, says a new Asian Development Bank (ADB) Country Diagnostic Study

New facility to improve ADB’s overall operations in Kyrgyz Republic

The Asian Development Bank (ADB) has approved a $10 million grant for the Multisector Activities Support Facility—the first project using the Small Expenditure Financing Facility modality in ADB. The facility aims to improve the efficiency, sustainability, responsiveness, and readiness of ADB-financed projects and programs in the Kyrgyz Republic.

ADB grant to support reforms aimed at diversifying Kyrgyz Republic’s economy

The Asian Development Bank (ADB) has approved a $50 million policy-based grant for the first subprogram of the Promoting Economic Diversification Program, which supports the Government of the Kyrgyz Republic’s efforts to diversify the economy through reforms aimed at improving the country’s trade and investment competitiveness, small and medium-sized enterprise (SME) development, public–private partnerships, and the link between skills development and industry needs.

EBRD and EU help improve water services in small Kyrgyz Republic municipalities

More than 40,000 people living in small municipalities in the Kyrgyz Republic will benefit from a regular water supply and access to fresh drinking water following an €11.5 million investment program supported by the EBRD and the European Union (EU).