Kyrgyz-Russian Development Fund will start functioning at the beginning of February 2015
Date: 09:16, 09-01-2015.
Almaty. January 9. Silkroadnews - Kyrgyz-Russian Fund for Development will start at the beginning of February 2015, reports KyrTAG with reference to the Deputy Minister of Economy of the Kyrgyz Republic Daniel Ibrayev.
He recalled that the purpose of the fund is initially to help Kyrgyzstan in the process of integration into the EAEC regarding the issuance of cheap loans for development. The main areas are light industry, processing of agricultural products, agricultural development, the issue of infrastructure, mortgage lending and the possibility of credit for small and medium enterprises through commercial banks.
