Meeting with Development Funds and State Banks

Thursday, 07 March 2024 18:27

On January 26, 2024, a meeting convened between the Secretariat of the Investment Council, the Ministry of Economy and Commerce of the Kyrgyz Republic, and representatives from development funds and state banks. Notable participants included the State Development Bank of the Kyrgyz Republic, the Azerbaijan-Kyrgyz Development Fund, the Uzbekistan-Kyrgyz Development Fund, the Hungary-Kyrgyz Development Fund, the Russia-Kyrgyz Development Fund, the public joint-stock company "Aiyl Bank," and the public joint-stock company "RSK Bank.”

The meeting was organized to fulfill the tasks assigned following the previous session of the Investment Council in December of the preceding year. The primary objective was to assess the current status of development funds and state banks, and to discuss plans and prospects for the year 2024.

During the meeting, emphasis was placed on the forthcoming session of the Investment Council, with a specific focus on the financial centers of the country, especially the operations of state development banks and development funds. These institutions play a pivotal role in shaping the investment climate, directly influencing the economic stability and development of the nation. Participants were provided with specific guidance regarding the information to be presented at the upcoming session, aimed at enhancing the efficiency of the meeting.