10:48, 01 июня 2022, Bishkek - 24.kg news agency , Tatyana KUDRYAVTSEVA
The Russian-Kyrgyz Development Fund (RKDF) plans to allocate $90 million for implementation of new projects in 2022. It was announced following the results of the meeting of the Council of the Fund.
It will be a record volume of operations of the RKDF during the year.
Provision on anti-crisis measures was approved at the meeting and it was decided to start work at corporate bond market. The Council determined the parameters, risk limits and limits on the purchase of bonds of specific borrowers.
«Another area that the fund will address is digital transformation and investment in IT products. This work will require a more in-depth and longtime consideration by the RKDF. The first steps in this direction have already been taken. A strategic document, the action plan for 2023-2027 is being developed,» the Chairman of the RKDF Board Artem Novikov said.
At least 79 projects have been directly financed since the creation of the Russian-Kyrgyz Development Fund for $209.7 million. Another $207.2 million in loans have been granted to commercial banks to finance 3,107 projects under programs to support small and medium-sized businesses.