Printer Friendly

Kyrgyz debt for agriculture projects comprises over $245.4 million.

As of August 2013, Kyrgyz debt for projects in the field of agriculture comprises more than $245.42 million, coordinator of the working group on monitoring of external loans Chinara Aitbaeva said on August 27 at the round table discussion on the intermediate results of the monitoring of the Rural Investments-2 project. Thus, today Kyrgyzstan has active loans from the German Development Bank - 4 million Euros, the Asian Development Bank - over 71.8 million of special drawing rights (SDR), the International Development Association - 80.2 million SDRs, and the International Fund for Agricultural Development - 5.9 million SDRs. Special drawing rights (SDRs) are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund. Not a currency, SDRs instead represent a claim to currency held by IMF member countries for which they may be exchanged.

News Agency I...IUIypress - 2001-2013

Provided by Syndigate.info an Albawaba.com company
COPYRIGHT 2013 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2013 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:AKIpress News Agency
Date:Aug 27, 2013
Words:150
Previous Article:Large number of acute intestinal diseases registered in southern Kyrgyzstan -- Department of Disease Prevention.
Next Article:Ambassador Kim Chang Gyu intends to invite President Atambaev to South Korea.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters