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Kubatbek Boronov tells about negotiations with financial institutions

Government of Kyrgyzstan is in talks with financial institutions on providing assistance. The First Deputy Prime Minister of the country Kubatbek Boronov told at a press conference.

According to him, negotiations are ongoing with the Asian Development Fund for $ 100 million, the European Bank for Reconstruction and Development - for $ 100-150 million and the Islamic Development Bank - for $ 11 million.

“At least $ 120.9 million have been received from the International Monetary Fund, humanitarian aid in the form of a grant of €550,000 - from GIZ, $ 12 million - from the World Bank (50 percent is a loan, 50 percent is a grant),” he told.  

     

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