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IDA to finance improvement of water management services in Kyrgyzstan

Finance Materials 5 September 2022 23:00
Baku, Azerbaijan Trend News Agency
IDA to finance improvement of water management services in Kyrgyzstan

International Development Association (IDA) will finance improvement of water management services in Kyrgyzstan, said Deputy Minister of Agriculture Murat Baidyldaev, Trend reports via Kyrgyz Media.

As reported, an agreement on the project "Climate Resilient Water Services Project" was signed with the IDA in Washington on April 19, 2022.

According to him, within the framework of the project, work will be carried out to provide drinking water to about 35 border villages in the Batken region and 3 villages in the Issyk-Kul region.

Baidyldaev underlined that irrigation infrastructure in Kyrgyzstan is outdated, in 80 percent of these villages, no infrastructure was built to provide drinking water.

"The cost of the project will be $100 million, $50 million of which is a grant. The grant is allocated for 38 years,” he noted.

International Development Association is a member of the World Bank Group, which offers concessional loans and grants to the world's poorest developing countries.

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