An International Monetary Fund (IMF) team led by Mr. Edward Gemayel visited Bishkek July 9–15, 2014. Discussions focused on recent economic developments and the economic outlook, as wells as issues surrounding the accession to the Eurasian Customs Union (ECU).
WASHINGTON, July 15, 2014—The World Bank's Board of Executive Directors today approved US$15 million equivalent in financing for the Pasture and Livestock Management Improvement Project in the Kyrgyz Republic. US$8.25 million of this financing is a concessional credit, while US$6.75 million is a grant.
EXECUTIVE SUMMARY Political context. On April 3, 2014, parliament approved a new government, led by Mr. Otorbaev, the new Prime Minister. The ministers of economy and finances kept their positions. Moreover, on May 7, 2014, a new chairperson was appointed for the National Bank of the Kyrgyz Republic (NBKR). No major changes in economic policies are expected.
On 6-7 July 2014, a delegation headed by Federal Councillor Ms. Eveline Widmer-Schlumpf (the Swiss Finance Minister) visited Bishkek on a working visit.
Naryn, Kyrgyz Republic, 4 July 2014 – The Naryn Vice-Governor, Chinara Abdraimakunova and the University of Central Asia (UCA) Board Executive Committee (BEC) visited its main campus in Naryn, Kyrgyz Republic.
The University of Central Asia (UCA) celebrated its sixth annual graduation ceremony at the Ismaili Centre, Dushanbe on 28 June 2014. Over 175 graduates from the School of Professional and Continuing Education (SPCE) and the Aga Khan Humanities Programme (AKHP) received certificates in professional development and skills building programmes.
Office on Drugs and Crime (UNODC) project “Support to Criminal Justice Reform in the Kyrgyz Republic”.
The aim of this project is to strengthen cooperation between police and local communities on crime prevention and public safety based on social partnership principles.
EBRD participation in successful placement which will finance logistics infrastructure in Kazakhstan. The European Bank for Reconstruction and Development (EBRD) has participated in a bond issuance by Kazakhstan’s national railway company, Kazakhstan Temir Zholy (KTZ). The Bank participated in the longer-term tranche of the Eurobond.