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: / Strategies / National Poverty Reduction Strategy (2003-2005)




Kyrgyzstan Review, 10 years ago




Appendix C. CURRENT AND INDICATED PROGRAM FUNDING AND GRANTS

Title of the credit/grant and its msajor objectives
Creditor/ grantor
Status
(credit, grant), implementation years
Credit/grant amount (US$ million)
of which by years (US$ million)
total
2003
2004
2005
Program loans and grants under implementation
Public administration sector
1
Corporate governance and enterprise reform - Phase II
The program includes the following key components:
- strengthening and introduction of good corporate governance,
- introduction of international standards of financial reporting, auditing and assessment standards,
- improvement of management in commercial banks and strengthening the legal framework for protection of creditors' rights,
- initiating legal and judicial reforms in the sphere of commercial dispute settlement,
- promotion of restructuring on non-efficient enterprises. 
ADB
Loan 2001-2004
35,0
17,5
 
 
2
Consolidated Structural Adjustment Credit (CSAC)
Goals
: improvement of the fiscal situation, improvement of business environment through structural reforms and reforms in the utilities and energy sectors, as well as reduction of the state regulation burden. 
WB/IDA
Loan
2000-2003
35,0
17,0
 
 
3
CSAC co-financing
Goal
: Promotion of reforms under the CSAC Program 
Netherlands
Grant
2002
1,3
 
 
 
Agriculture
4
Food security
Goal: support to the Government in carrying out structural reforms in the sectors related to ensuring food security 
European Commission
Grant
2002
9,2
 
 
 
 
Total program loans and credits under implementation
 
 
81
35
0
0
 
 
 
 
 
 
 
 
Planned Program Loans and Grants
Public Administration Sector
5
Governance Structural Adjustment Credit (GSAC)
Goal: reform the system of public administration to carry out effective social and economic reforms in the Republic. 
WB/IDA
Credit
2002-2005
35,0
17,5
 
17,5
6
CSAC co-financing
Goals: to support the Strategy of Social Protection of the Kyrgyz Republic and provide guarantees for supply of electricity to the poorest strata of the population in the light of reforms necessary for the energy sector. 
Switzerland
Grant
2002-2003
5,0
1,5
 
 
Financial Sector
7
Financial Sector Development and Resources Mobilization 2
Goal
: development of the financial sector and strengthening of the banking sector 
ADB
Credit
2003-2006
20,0
 
10,0
 
8
Regional Program on Cooperation in the Sphere of Customs
Goal
: establishment of an efficient and effective customs system in the Kyrgyz Republic and in the region as a whole in order to promote the development of external trade, investments, stimulation of goods and labor force flows and promotion of economic growth. 
ADB
Credit
2002-2004
15,0
 
7,5
 
Agriculture
9
Food security
Goal: to support the Government in carrying out structural reforms in the spheres related to ensuring food security. 
European Commission
Grant
2003
9,2
9,2
 
 
 
Total planned program loans and credits
 
 
84,2
28,2
17,5
17,5
Program Loans and Grants Implemented by the National Bank of the Kyrgyz Republic
10
EUC
EU
Grant
13,00
 
 
 
11
EUC
EU
Grant
9,35
9,35
 
 
12
Swiss grant
Switzerland
Grant
5,00
 
 
 
13
ADB (customs modernization) (US$ million)
ADB
Credit
7,50
 
 
 
14
Rural financial institutions
ADB
Credit 1997-2004
10,10
2,10
 
 
15
Support of private enterprises
IDA
Credit 1995-2003
6,00
 
 
 
16
PRGF (SDR million)
IMF
Credit 2001-2011
73,40
23,44
14,80
 
 
Total National Bank of the Kyrgyz Republic
 
 
124,35
34,89
14,80
0,00