EBRD-managed fund signs grant agreement with Kyrgyz Republic.
Partnership with China's Universal Energy company. EBRD and Green Climate Fund commit US$ 16.7 million loan to finance solar plant in Kazakhstan
On April 16, 2019, a presentation of results of the 16-year program “Medical waste management / hospital acquired infection control in health facilities of the Kyrgyz Republic” was held in Bishkek.
The Swiss Embassy is supporting the 14th International Jazz Festival in Bishkek and has invited the Swiss Duo of Malcolm Braff and Claire Huguenin to perform on April 19, the first day of the Jazz Festival at Asanbay Center (address 21a/4, Tokombaev street).
Job creation is not keeping pace with the rapidly growing population. Kyrgyz Republic’s potential workforce is growing at about 2 percent per annum – faster than some of its neighbors in Europe and Central Asia. Fertility rates in Kyrgyz Republic have increased since 2000, from 2.4 to 3.2 in 2014. An estimated 50,000 new entrants join the labor market each year. By 2030, the working-age population is expected to reach around 4.6 million persons. Acknowledging the challenging economic and political environment in the Kyrgyz Republic, the report offers realistic policy recommendations for addressing some of the most critical issues to improving jobs outcomes in the short run while noting that some policies will take time to develop and implement.
The Kyrgyz Republic is at an important stage of its history when the prerequisites for its long-term development as a politically stable, economically strong and socially responsible state have been created for the first time. In its contemporary history, Kyrgyzstan has experienced a fundamental transformation that seriously changed all spheres of activity. Independence was accompanied by old ideology dismantling and seeking a new paradigm, which will create the basis for development of modern, dynamic and successful society and new civic identity.
NATIONAL DEVELOPMENT STRATEGY OF THE KYRGYZ REPUBLIC for 2018-2040
The city of Kyzyl-Kiya, with a population of over 45,000 people in the Batken oblast of the Kyrgyz Republic, will have regular access to safe drinking water thanks to financing from the EBRD, the European Union (EU) and the European Investment Bank (EIB).
On March 27 - 30, 2019, representatives of 40 NGOs from all regions of the country participated in the training program on civil engagement in monitoring and evaluation of state bodies. During the four days, the participants studied effective open data policy tools that are necessary for monitoring the implementation of the National Action Plan 2018-2020 (Achyk Okmot NAP) in building the Kyrgyz Republic’s Open Government.
On December 15, 2017, the Executive Board of the International Monetary Fund (IMF) completed the fourth and fifth reviews of the Kyrgyz Republic’s economic performance under the three-year Extended Credit Facility (ECF) arrangement. The Board’s completion of the reviews enables the immediate disbursement of an amount equivalent to SDR 19.028 million (about US$26.9 million). This would bring total disbursements under the arrangement to an amount equivalent to SDR 57.084 million (about US$80.7 million). “The Kyrgyz economy is showing welcoming signs of recovery as the external environment is gradually improving. While significant risks remain, debt and financial sector vulnerabilities have subsided. The authorities are committed to prudent macroeconomic policies and implementation of structural reforms, and see them as essential to promoting higher and more inclusive growth and to increase economic resiliency.