Deputies of Parliament support one more loan

17:20, 29 марта 2018, Bishkek - 24.kg news agency , Julia KOSTENKO

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.