BAKU, Azerbaijan, September 15. Kyrgyzstan and
the World Bank have discussed the implementation of the Kambarata
HPP-1 project.
This was announced in a statement published by the Ministry of
Finance of Kyrgyzstan, following the meeting between the Minister,
Ruslan Suynaliev, and World Bank Regional Director for Central
Asia, Najy Benhassine.
"The participants exchanged views on the implementation of the
Kambarata HPP-1 project, budget support and additional financing
under the IDA-21 program," the Ministry said.
According to the Ministry, in the course of the meeting, the
minister highly appreciated the World Bank's support in advancing
the Kambarata HPP-1 project.
Furthermore, the sides discussed strengthening cooperation under
the AgriConnect initiative, aimed at developing agriculture in
Kyrgyzstan.
Particular attention was also paid to the international CPIA and
Business Ready assessments.
The sides discussed further advancement of reforms aimed at
improving public administration, public financial management and
the business environment.
Following the meeting, the parties confirmed their readiness to
further strengthen the strategic partnership between the Kyrgyz
Republic and the World Bank, expand cooperation on the
implementation of new major projects and contribute to the
country's sustainable development.
Meanwhile, cooperation between Kyrgyzstan and the World Bank
covers a broad range of development priorities, including economic
growth, infrastructure, social protection, human capital, energy,
water resources and climate resilience. The World Bank has
continued to support reforms and development initiatives aimed at
strengthening the country's economic foundations and improving the
quality and accessibility of public services.
Further cooperation is expected to focus on mobilizing financing
and technical expertise for projects aligned with Kyrgyzstan's
development priorities, while supporting sustainable economic
growth and strengthening the resilience of the country's
infrastructure and social sectors.
