RCFF financed 3,501 projects for $760.5 million

Since its establishment, the Russian-Kyrgyz Development Fund (RKDF) has supported the implementation of 3,501 projects, allocating $760.5 million. The data was presented at the Fund's anniversary.

As of 1 November 2024, the fund's loan portfolio amounted to $360 million. The main direction of investments is the manufacturing sector, which accounted for 49% of all allocated funds.

‘The year 2023 was a record year: the amount of allocated financing increased 2.3 times compared to 2022 and totalled $159 million. We aim to support the growth of the Kyrgyz economy, especially through investments in key sectors such as manufacturing,’ - Bakyt Kurmanbekov, member of the RKDF Board of Directors.

In addition, the ratio of invested investments to the fund's authorised capital increased by 152%. This shows the efficiency of resources utilisation for economic development.

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RCFF financed 3,501 projects for $760.5 million

Read Similar

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

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Unfinished production volumes decreased in Kyrgyzstan: results of the first quarter of 2025