Home » World Bank’s IDA to allocate $24 million to support Kyrgyzstan’s state budget
Central Asia Kyrgyzstan Monitoring

World Bank’s IDA to allocate $24 million to support Kyrgyzstan’s state budget

Parliament has ratified the financing agreement with the International Development Association in three readings.

In 2018, Kyrgyzstan will be provided financing assistance of $24 million, half grant and half loan.

The term of loan is 38 years, preferential period is 6 years, and interest rate is 0.75 percent per annum.

Financing is provided to support the state budget.

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