Kyrgyzstan gets $50 million from ADB, half of amount is loan

09:43, 12 сентября 2022, Bishkek - 24.kg news agency , Tatyana KUDRYAVTSEVA

The Asian Development Bank (ADB) allocates $50 million to Kyrgyzstan to support the republican budget. MP Dastan Bekeshev reported on his Telegram channel.

At least $25 million of the sum is a loan on favorable terms for 16 years. The same amount was allocated to the country as a grant. The Cabinet of Ministers fulfilled all obligations under this agreement.

«Moreover, the obligations are those that still had to be fulfilled to improve the well-being of citizens,» the deputy said.

In addition, the Government of Japan provided a $7 million grant for medical institutions in Chui region and Bishkek.