11:37
+8
USD 68.57
EUR 80.64
RUB 1.20
English

Over $300 mln raised for Taza Suu, but villages still have no clean water

More than $ 300 million were raised for Taza Suu (clean water) projects, but there is still no clean water in the villages of Kyrgyzstan. This was announced today at a meeting of the Parliament during the discussion of the loan agreement.

Deputy Zhanar Akaev asked the government officials how much they had borrowed for the sake of clean water. «We borrow again. The previous project Taza Suu stopped working due to corruption. Everyone refuses to work with us for this reason," he said.

According to the government, since 2000, €62.9 million have been raised to provide settlements with clean water. However, the Asian Bank stopped financing of the project. In total, more than $ 300 million have been attracted during the years of independence.

Under the new project, it is planned to supply clean water to 24 villages in Jalal-Abad region.

The cost of the project is $ 23 million, financing of IDB is $ 15 million, the Islamic Solidarity Fund — $ 5 million, the government of the Kyrgyz Republic — $ 3 million.

The loan of the Islamic Development Bank is granted for 25 years, including 7 years of the grace period, with an interest rate of 1.5 percent, starting from the date of entry into force of the agreement.

Earlier, the deputies criticized the work of the government because of inefficient use of credit resources for Taza Suu project.

Popular