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WB to allocate $30 million to Kyrgyzstan

Kyrgyzstan Materials 3 August 2011 14:08 (UTC +04:00)
The World Bank will allocate $30 million to Kyrgyzstan to supportreforms in state governance and social security.
WB to allocate $30 million to Kyrgyzstan

The World Bank will allocate $30 million to Kyrgyzstan to supportreforms in state governance and social security.

"The WB Board of Directors has approved an amount equivalent to $ 30million for operations supporting economic recovery (ERSO) for theKyrgyz Republic," the WB said in a statement.

The funds are intended to support the governmental reforms to improvestate governance and to strengthen accountability mechanisms.

The WB financial assistance provided to the Kyrgyz Republic since 1992is more than $ 1 billion.

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