Kyrgyz Republic – Investment Climate Improvement Program Grant

News Brief | 26 November 2012

The Asian Development Bank (ADB) has approved the following grants for the second stage of the program:


Regulatory barriers to investment have weighed on growth, employment and business development in the Kyrgyz Republic. The second stage of the program aims to remove constraints to private sector development with support for policy reforms in areas including business regulation, taxation, access to finance, skills development, and public-private-partnerships.


$20 million policy-based grant from ADB's concessional Asian Development Fund. Technical Assistance grants of $550,000 from ADB's Technical Assistance Special Fund and $150,000 from the Financial Sector Development Partnership, administered by ADB.