The Eurasian Fund for Stabilization and Development is a Regional Financing Arrangement. It was established by Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan in 2009.
EFSD mission is to assist member-countries in their long-run economic and financial stability. EFSD is guided by the members` finance ministries. Supreme decision-making body is EFSD Council consisting of members` Finance Ministers.
EFSD financial instruments are:
EFSD credits and loans are repayable and carry interest. In lending countries with low per capita income, EFSD takes into account loan concessionality recommendations of the International Monetary Fund. The prospective borrower should have no debt arrears to the Fund itself, to any of its member countries, and to other international financial institutions.
For more information please visit:https://efsd.org/en/
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