EBRD has approved the country strategy for Kyrgyzstan until 2029

The European Bank for Reconstruction and Development (EBRD) has approved a new country strategy for the Kyrgyz Republic until 2029. Key areas include private sector support, sustainable infrastructure development and transition to a green economy.

The Bank intends to promote the competitiveness of small and medium-sized enterprises (SMEs), which account for more than 35% of the country's GDP, through improved access to finance and expert advice.

An important focus will be on investments in renewable energy, water supply and modernization of transport and energy networks, including the Trans-Caspian Corridor. The EBRD will also assist the Kyrgyz authorities in developing and implementing environmental policies, as well as in improving corporate governance and digitalizing government processes.

To date, the EBRD has invested almost €979 million in 247 projects, making the bank a key partner in the Kyrgyz economy development.

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EBRD has approved the country strategy for Kyrgyzstan until 2029

Read Similar

A meeting of the Coordination Council on Climate Change, Ecology and Sustainable Development was held

In four months, the Batken region received 231.9 million soms from the budget

Advertising structures erected without permission have been dismantled in the Sverdlovsk district

In the Panfilovsky district, repairs to 20 transformers and 26 kilometres of overhead lines are planned for this year