Since the Kyrgyz Republic joined the World Bank in 1992, commitments have reached over US$ 1 billion for 49 International Development Association (IDA)-funded projects, out of which US$ 908 million have been disbursed. To date, 32 operations for US$ 739.5 million have been completed and closed, and 17 projects for US$ 349.5 million are ongoing.
From 1992 until 2000, the Kyrgyz portfolio concentrated on budget support. After 2001 there was a gradual shift towards investment projects. Nonetheless, there have been two budget support operations since the July 2010 Donors Conference and a multi-year budget support program is being prepared.
In August 2011, the Board approved the Bank Interim Strategy Note (ISN), which covers the period from August 2011 to June 2013. The need for an interim strategy approach was underscored by the fragile political, social and economic situation in the country in the aftermath of April and June 2010 events. It focuses on the country’s recovery and stabilization needs, while paving the way for support for long-term development. The ISN will be followed by a full Country Assistance Strategy, based upon the national development strategy.
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