The Development State 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 between the Ministry of Finance of the Kyrgyz Republic and the Asian Infrastructure Investment Bank. The press service of the Ministry of Finance reported that these funds will be transferred to the State Development Bank of the Kyrgyz Republic.

These financial resources are aimed at supporting micro, small, and medium-sized enterprises that implement resource-saving technologies. The loans will facilitate the implementation of projects that:

According to the Ministry of Finance, the implementation of this initiative will provide entrepreneurs with access to long-term financing, which, in turn, will help create new jobs and enhance the competitiveness of local businesses.
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