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Deputies of Parliament support one more loan

The deputies of the Parliament supported one more loan. The decision was made today at the meeting.

The International Fund for Agricultural Development provides Kyrgyzstan with $ 25.4 million to support the project «Securing Access to Markets.» Its task is to improve the access and integration of small livestock farmers into lucrative markets for sale of their products.

A total of $ 55.4 million are to be invested in the project. The International Fund for Agricultural Development provides a loan of $ 12.7 million and $ 12.7 million — as a grant. The contribution of the financial services provider is $ 20 million, the contribution of the government of the Kyrgyz Republic is $1.6 million, the contribution of the beneficiaries is $ 8.39 million.

According to the Ministry of Agriculture, $ 25 million will be used to repair laboratories and purchase equipment. Business projects for the development of agriculture will be financed.