Akchabarsearch
Kyrgyzstan has ratified agreements with the ADB for emergency financing

Published

04/19/2026, 13:02

Kyrgyzstan has ratified agreements with the ADB for emergency financing

The President has signed a law ratifying three documents with the Asian Development Bank concerning financing and risk management in emergencies and natural disasters.

The agreements provide for the establishment of rapid financing mechanisms in the event of emergencies, as well as the issuance of special bonds that can be used to cover costs during major disasters. A separate letter sets out the procedure for cooperation and risk sharing between Kyrgyzstan and the ADB.

The documents were signed in Bishkek on 30 December 2025. The Jogorku Kenesh approved ratification on 9 April 2026, after which the President signed the law on 15 April. It will come into force ten days after its official publication.

The Ministry of Finance must notify the ADB of the completion of all internal procedures.

Read Similar

  • Biotechnology could help address labour shortages

    Biotechnology could be one way of alleviating global labour shortages. This is the conclusion reached by analysts at the Eurasian Development Bank in a new study on the global economy.
    4/23/2026, 6:33:03 AM

  • The EU is discussing sanctions against Kyrgyzstan; no decision has yet been taken

    The European Union is considering the possibility of invoking the mechanism to prevent the circumvention of sanctions against Kyrgyzstan for the first time; however, a final decision on the 20th package of sanctions has not yet been taken. This has been reported by Reuters and other international media outlets.
    4/23/2026, 4:54:23 AM

  • Gold prices fell overnight: the price of a troy ounce dropped by more than 3,000 KGS

    On 23 April 2026, a fall in prices for standard gold bars was recorded in Kyrgyzstan. The market’s main benchmark—the troy ounce—showed a significant drop in price, specifically in terms of the buy-back price.
    4/23/2026, 3:20:42 AM

  • Issyk-Kul is being filled in. Why?

    ‘Elizaveta’ and ‘Avangard’ are filling in the shore of Issyk-Kul in Tamchy, whilst the Ministry of Natural Resources claims that no environmental impact assessment has been issued for the site. For its part, the Ministry of Construction states that the work is being carried out legally and is aimed at strengthening the shoreline.
    4/22/2026, 8:59:24 AM