Islamic Development Bank to grant Kyrgyzstan $9M for support and development of villages

Islamic Development Bank plans to grant Kyrgyzstan $17.5 million for implementation of the Sustainable Villages Development Programme. The draft agreement between the Islamic Development Bank and the Kyrgyz government was approved by the Committee for Foreign Affairs on April 22. For the first stage of the project there will be allotted $9 millions, $6 millions of which is to be given by IDB; and $3 millions will be allocated for the second stage by the Islamic Solidarity Fund.