Country Assistance Program Evaluation for Kyrgyz Republic
The Kyrgyz Republic has made considerable headway in its transition from independence in 1991 to a market-oriented system, achieving moderately high economic growth and an improving although still fragile political situation. Progress, however, has been highly mixed in achieving non-income Millennium Development Goals, and the country faces enormous risks from natural disasters.
This country assistance program evaluation assesses the strategies and assistance programs of the Asian Development Bank (ADB) for the Kyrgyz Republic from 1994, when it became an ADB developing member country, until 2010, when the current country strategy ended. ADB's support in the review period included 49 project and program/policy-based loans and grants totaling $1.0 billion, and 52 advisory technical assistance operations totaling $28.2 million.
ADB support was rated satisfactory, although major constraints and risks remain. Among them are infrastructure constraints (including an unreliable power supply), insufficient fiscal and institutional capacity resulting in an inadequate delivery of basic services, and the need to improve governance standards. The Kyrgyz Republic grapples yearly with earthquakes, floods and landslides. The evaluation notes that while ADB responded quickly to damage caused by natural disasters with emergency support, it provided only one disaster risk mitigation project over the review period.
The study recommends that ADB's next Country Partnership Strategy for the Kyrgyz Republic focus on sectors and subsectors in which the government has shown strong commitment to ownership and where ADB has performed well. At the same time, ADB should work closely with other development partners to concentrate on other sectors to increase synergies and complementarities.
Efforts to boost ADB's private sector operations should be continued to attract more foreign direct investment, improve corporate governance standards, and facilitate sustainable economic growth. The study recommends that climate change adaption be addressed in the next Country Partnership Strategy.
- Executive Summary
- Chapter 1. Introduction
- Chapter 2. Country Context, Government Strategies, and ADB Support
- Chapter 3. Methodology
- Chapter 4. Performance of ADB Support in Achieving the Country Strategy Objectives
- Chapter 5. Performance of ADB Support under the Six Evaluation Criteria
- Chapter 6. Overall Findings
- Chapter 7. Lessons and Recommendations