Khorog, Republic of Tajikistan, 18 August 2014 – A new 2.5 kilometre road connecting the Khorog Intercity Road to the Dasht Village was completed by the University of Central Asia (UCA). It was officially handed over to the Khorog Municipality and the State Commission Department in the presence of Mayor Faromuz Imomberdiev on 18 August 2014.
August 21, 2014, Bishkek, Kyrgyz Republic. The one-day "Accreditation of forensic organizations on the international standard ISO 17025: purpose, meaning and characteristics" seminar for specialists of the State Forensic Centre within the Ministry of Justice of the Kyrgyz Republic (SFC KR) and representatives of other expert organizations is held today in Bishkek. The seminar has been arranged within the framework of the United Nations Office on Drugs and Crime (UNODC) Program on Criminal Justice in the Kyrgyz Republic.
August 25, 2014, Issyk-Kul region, Kyrgyz Republic – Today, at the “Royal Beach” Hotel in the Issyk-Kul region of the Kyrgyz Republic, a one-day International Conference on improving quality of forensic services is held. The Conference has been organized on the initiative of the State Forensics Centre under the Ministry of Justice of the Kyrgyz Republic (SFC KR) within the framework of the UN Office on Drugs and Crime (UNODC) Criminal Justice Program in the Kyrgyz Republic, with the support of the Government of the United States of America.
US$ 75 million from EBRD and donors for upgrade of Qairokkum hydropower plant. In its largest project in Tajikistan to date, and one of the largest in the country’s energy sector, the European Bank for Reconstruction and Development (EBRD) is providing a US$50 million loan to fund the first phase of the modernisation of the Qairokkum hydropower plant. Built in 1957, the plant is the only electricity generating facility in northern Tajikistan and supplies energy to over 500,000 homes in the Sugd region.
Groundbreaking Salkhit wind farm recognised – EBRD is largest renewables investor in the region. The prestigious US Treasury Development Impact Honors award has recognised the EBRD Salkhit wind farm project in Mongolia.
Within the framework of the EU-funded project “Handicraft and Business through Regional Integration and Fair Trade Market”, the Public Association “Bishkek Business Club” (BBC) will organize International Conference “Regional Cooperation as a key instrument for promoting Central Asian Handicraft into International Sales Markets”.
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.