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EBRD to support small and medium businesses in Kyrgyzstan.


The European Bank for Reconstruction and Development European Bank for Reconstruction and Development

Bank targeted at Eastern Europe and the former Soviet Union.
 will provide support to small and medium businesses of Kyrgyzstan, said EBRD EBRD

See: European Bank for Reconstruction and Development
 Resident Representative Kenji Nakazawa at meeting with Chief of Prime Minister's Executive Office Nurlan Aitmurzaev on Wednesday.Aitmurzaev took a note of importance of programs run by the European Bank for Reconstruction and Development in Kyrgyzstan. "Your international financial and credit organization made a big contribution into achievement and maintenance of macroeconomic mac·ro·ec·o·nom·ics  
n. (used with a sing. verb)
The study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors.
 stability during the first years after Kyrgyzstan gained sovereignty. We are glad that EBRD approved financing for 59 projects to the value of EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 202 million, including projects on improvement of power transmission network, modernization modernization

Transformation of a society from a rural and agrarian condition to a secular, urban, and industrial one. It is closely linked with industrialization. As societies modernize, the individual becomes increasingly important, gradually replacing the family,
 of telecommunications, restructuring of agricultural company. These projects are of a great importance for our country," he said.EBRD Resident Representative Kenji Nakazawa said EBRD attaches a great importance to cooperation with the Kyrgyz Republic and is ready to intensify in·ten·si·fy  
v. in·ten·si·fied, in·ten·si·fy·ing, in·ten·si·fies

v.tr.
1. To make intense or more intense:
 its activities here. "This is especially relevant amid the world financial crisis. Particularly, our Bank is ready to provide substantial assistance to small and medium businesses that are most vulnerable in the context of overall business slowdown. I hope that our assistance will be efficient and will help this category of entrepreneurs to survive in these anything but simple conditions," he said.Several issues of a mutual interest were discussed during this meeting.

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Publication:AKIpress News Agency
Date:Feb 19, 2009
Words:232
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