The Development Bank will allocate $50 million for "green" loans for businesses

Яна Орехова Economy
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An agreement for a concessional loan of $50 million was signed by the Ministry of Finance of the Kyrgyz Republic and the Asian Infrastructure Investment Bank. According to the press service of the Ministry of Finance, these funds will be directed to the Development Bank of the Kyrgyz Republic.

These funds will be used to finance microenterprises, small and medium-sized businesses that implement resource-saving technologies. Support will be provided to projects that:
In the opinion of representatives of the Ministry of Finance, the implementation of this program will ensure access to long-term capital for entrepreneurs, contribute to the creation of new jobs, and significantly enhance the competitiveness of domestic businesses.
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