ADB to consider allocation of funds to Kyrgyzstan
Azerbaijan, Baku, Nov. 19 / Trend V. Zhavoronkova /
The Asian Development Bank will consider the issue of allocating $20 million to Kyrgyzstan on November 26, KyrTAG reported on Monday.
Previously, the allocation of these funds was cancelled because Kyrgyzstan has not fulfilled its obligation towards the ADB on improving the investment climate in the country and now Kyrgyz side hopes this issue will be resolved.
Up to now, the country has managed to fulfill its obligations.
Kyrgyz officials hope to contribute the money to the improvement of state budget, if ADB decides to restore the allocation of funds.