Kyrgyz Republic and ADB
In the Spotlight
ADB has approved a $10 million loan to help Bai Tushum Bank (BTB) provide critically needed medium- and long-term funding to micro, small and medium-sized enterprises (MSMEs) in the Kyrgyz Republic.
The Kyrgyz Republic has undergone an impressive transformation since breaking away from the Soviet Union in 1991. With the support of development partners like ADB, the Central Asian country has made considerable progress in its transition to becoming a market economy. Located at the doorstep of the most economically powerful region in the world and serving as the crossroads between Europe and Asia, the Kyrgyz Republic has a promising future.
An economic corridor linking the cities of Almaty and Bishkek has the potential promote trade and generate economic growth in Kazakhstan, the Kyrgyz Republic, and the whole of Central Asia.
ADB President Takehiko Nakao met with President Almazbek Atambaev during his two-day visit to the Kyrgyz Republic to discuss support for the government’s development agenda.
The Key Indicators for Asia and the Pacific 2014 presents the latest available economic, financial, social, and environmental statistics for the 48 regional members of ADB. Download the statistical tables for the Kyrgyz Republic.
This development effectiveness brief presents how ADB's operations in the Kyrgyz Republic help improve people's lives in the country and the challenges ADB and the country face in pursuing agreed development goals.
The ADB country partnership strategy (CPS), 2013-2017 supports the objectives of the Kyrgyz Republic’s National Sustainable Development Strategy, 2013-2017. The overarching goal of both strategies is to reduce poverty through inclusive economic growth. The CPS aims to remove key constraints to growth and expand access to economic opportunities. By helping to reform legal and regulatory frameworks, ADB seeks to improve the Kyrgyz Republic’s business environment, while ensuring that affordable finance is available to all, the reliability of electricity services is improved, and people become more employable. Regional connectivity must be maintained and enhanced, just as gaps in infrastructure between regions need to be closed.
Projects in Kyrgyz Republic
- Grant 0153/Loan 2533-KGZ: CAREC Transport Corridor I (Bishkek-Torugart Road) Project 2
- Strengthening the Education System Sector Development Program
- Support for Strategic Assessment of the Kyrgyz Economy to Promote Inclusive Growth
- Investment Climate Improvement Program - Subprogram 3
- CAREC Corridor 3 (Bishkek-Osh Road) Improvement Project, Phase 4