BISHKEK, Kyrgyzstan, August 8. The volume of approved sovereign financing from international financial organizations and development agencies for Kyrgyzstan reached $192.9 million in the first half of 2024, Trend reports.
According to data from the Eurasian Fund for Stabilization and Development (EFSD), Kyrgyzstan secured approval for 19 operations during the period.
The largest portion of aid was allocated for investment in infrastructure development, with the World Bank (WB) being the primary lender, contributing $114.6 million.
In the entire Eurasian region, approved sovereign financing totaled $2.3 billion in the first half of 2024. Currently, 96 projects are actively being implemented.
The WB and the European Bank for Reconstruction and Development (EBRD) are the leading contributors, accounting for a combined 77.7 percent of the approved funding. The WB approved $1.9 billion (49.9 percent of the total), while the EBRD approved $609.1 million (27.8 percent).
Other significant contributors include the Islamic Development Bank (IsDB) with $195 million (8.3 percent of the total), the Asian Development Bank (ADB) with $132.9 million (6.1 percent), and the EFSD with $100 million (4.6 percent).
