Despite the crisis, Moscow will fulfill its financial obligations before Kyrgyzstan fully and in due time. Economy ministerTemir Sariev told KyrTAG Monday.
«In spite of crisis situation in Russia, linked with devaluation of ruble, russian side will provide finnacial aid to Kyrgyzstan fully and in set time», - the minister said.
He says, the first tranche from kyrgyz-russian development fund worth of $100 mln will be transfered untill this year end.
«The funds will be invested in agriculture, mortgage lending, leasing and processing industry», - he said.
According to T.Sariev,the second tranche $200 mln will come next summer. The funds will be spent on agriculture, construction, services development, light and processing industries.
Recall kyrgyz-russian development fund was set up to further economic cooperation of KR and RF.
Original url : kyrtag.kg