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Edward Gemayel: Kumtor agreement will increase inflow of investments to KR

«The agreement with Centerra Gold will serve to increase foreign direct investments,» said the head of the mission of the International Monetary Fund, Edward Gemayel, at a meeting with the Prime Minister Sapar Isakov.

It is reported that the head of the Cabinet discussed with the IMF implementation of programs of economic and social reforms. The Prime Minister noted that the priority task of the government is the effective implementation of the program «Jany Doorgo Kyrk Kadam» («40 Steps to a New Era») and the promotion of high-tech projects on digital transformation and building of an open state «Taza Koom.»

«The programs are ambitious, but realistic. Step by step, mechanisms will be introduced to facilitate the provision of public services and generally improve the lives of our citizens. We plan to optimize the state’s expenses as much as possible and reduce corruption risks through digitalization of the relations between society and the state. Thanks to this, we will adjust existing gaps in the budget. Our government will become digital in 2018,» Sapar Isakov said.

Edward Gemayel noted that business and investors enthusiastically took the news about the recently signed agreement of the Government of Kyrgyzstan with Centerra Gold to improve the environmental situation in the area of Kumtor mine.

«This is an important step forward and a good signal for investors. We are confident that it will serve to increase foreign direct investments. At the same time, we are ready to support the new government in achieving the goals to improve the macroeconomic situation, the business climate and the implementation of structural reforms. We also express our readiness for cooperation on the national programs «Jany Doorgo Kyrk Kadam» and «Taza Koom,» Edward Gemayel summed up.