ALMATY, Kazakhstan, December 18. The Eurasian
Development Bank (EDB) has announced that a quarter (25%) of its
projects in 2025 will contribute to achieving the Sustainable
Development Goals (SDGs), totaling $1.6 billion, EDB Chairman
Nikolai Podguzov said at a press conference in Almaty reviewing the
bank’s performance for 2025, Trend reports.
“Over 20 new projects have been signed this year to support the
economies of our member countries, and the total annual investment
slightly exceeds $2.6 billion, surpassing the bank’s capital.
During this strategic period, our goal was to strengthen our
contribution to development in the priority areas of each member
country,” Podguzov said.
He added that promoting the achievement of the SDGs is a key
priority defined in the bank’s strategy.
The EDB, a multilateral development bank, aims to foster
economic growth, expand trade and economic ties among member
states, and promote regional integration through investment
activities. Its seven member countries include Armenia, Belarus,
Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan.
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