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World Bank pledges three year support

The World Bank plans to continue providing financial help to the impoverished Central Asian republic of Kyrgyzstan for the next three years, a senior Bank official told Agence France Presse on Friday. Kyrgyz President Askar Akayev discussed future cooperation between the ex-Soviet state and the global finance institution at a meeting with Kiyoshi Kodera, the director of the bank’s department for Central Asia, it was reported. The talks focused on preparation of a three year programme, with an annual total of US $25 to US $30 million dollars a year, in support of the Kyrgyz budget. The funds would be targeted at projects to help the 60 percent of the population that is estimated to live below the poverty threshold,the report said.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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