Bishkek, Kyrgyz Republic, January 22, 2015—IFC, a member of the World Bank Group, held a forum in Bishkek to examine the opportunities and challenges of implementing public-private partnerships (PPPs) in the Kyrgyz Republic, part of an effort to help improve the country’s infrastructure.
January 22, 2015, Jalal-Abad: With the opening today of a newly constructed police station in Jalal-Abad, the Ministry of Interior of the Kyrgyz Republic, the United Nations Office on Drugs and Crime (UNODC) and the Government of the United States of America marked the results of a two-year project aimed at strengthening cooperation between police and local communities on crime prevention and public safety.
Average EBRD growth now seen negative in 2015; oil price fall benefits nations less tied to Russia. A sharp fall in the price of oil has piled pressure on an already fragile Russia, and is hitting growth in energy exporters and other emerging nations with close links to eastern Europe’s largest economy, according to the EBRD’s latest economic outlook, published today.
GENEVA (15 January 2015) – Kyrgyzstan’s human rights record will be examined by the UN Human Rights Council’s Universal Periodic Review (UPR) Working Group for the second time on Monday 19 January 2015 in a meeting that will be webcast live.
January 14, 2015, Bishkek, Kyrgyz Republic—The World Bank Group is helping the Kyrgyz Republic create an investment-friendly business climate as part of a broader effort to encourage economic growth in the country.
The European Bank for Reconstruction and Development rallied to the support of emerging economies in 2014 as they struggled to emerge from a six-year slump, under pressure from geopolitical tensions and a fragile Eurozone.
Money will be on-lent to small businesses, mainly outside Kazakhstan’s largest cities. The European Bank for Reconstruction and Development (EBRD) is stepping up its efforts to support the private sector in Kazakhstan by providing a KZT 10 billion five year loan to Bank CenterCredit (BCC) for on-lending to micro, small and medium enterprises. At least 60 per cent of the loan proceeds will be distributed outside of the main cities of Almaty and Astana.
Additional loan and grant will buy maintenance equipment and stimulate reform. The EBRD and international donors are supporting vital infrastructure in Tajikistan with a financing package of over US$ 5 million for critical maintenance of the national road network.
EBRD provides US$ 2 million to its partner bank to help SMEs and families save energy. The EBRD has provided new lending to Kyrgyz Investment and Credit Bank (KICB), one of its partner banks in the country, to increase financing for energy efficiency projects.