10:27, 08 августа 2024, Bishkek - 24.kg news agency , Baktygul OSMONALIEVA
The Eurasian Fund for Stabilization and Development (EFSD) accounts for 40 percent of financing in the member countries. Such data were presented during the strategic session of the Fund.
During the event, attended by representatives of the Ministries of Finance of Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan, the results of the interim assessment of the implementation of the strategy for 2022-2026 were summed up.
It was noted that the EFSD is a key center of support in structural and institutional transformations of the member states. All ongoing projects in this area are included in the national programs.
Earlier it was decided to support three programs of economic transformations. At least $100 million was allocated for these purposes to Armenia, $160 million — to Kyrgyzstan and $100 million — to Tajikistan. Another program to support institutional transformation in the Kyrgyz Republic is currently under consideration.