Kyrgyz Republic: Asian Development Bank Member Fact Sheet 2017

Abstract

In recent years, the Government of the Kyrgyz Republic has maintained a strong development agenda to reduce poverty through inclusive economic growth. With the support of the Asian Development Bank (ADB), the government has sought to reform legal and regulatory frameworks, improve the country’s business environment, make affordable finance available to all, improve the reliability of electricity services, and help Kyrgyz Republic citizens become more employable. The Kyrgyz Republic joined ADB in 1994 and the country has since received 41 loans ($1.1 billion) and 31 grants ($603.3 million) from the Asian Development Fund; and 8 grants ($8.5 million) from Japan Fund for Poverty Reduction. ADB has also financed 98 technical assistance projects ($56.98 million).