Shorouk Express
BISHKEK, Kyrgyzstan, May 22. President of
Kyrgyzstan Sadyr Zhaparov has signed a law ratifying the agreement
between the Eurasian Fund for Stabilization and Development (EFSD)
and the Cabinet of Ministers of Kyrgyzstan on the terms of the
fund’s presence in the country, Trend reports via the presidential
administration.
The agreement, originally signed in Bishkek on March 20, 2025,
was approved by the parliament on April 16, 2025.
The document establishes favorable conditions for the EFSD’s
operations and representation in Kyrgyzstan. It also confirms the
recognition of the Fund’s legal status, immunities, privileges, and
benefits, including those extended to its personnel.
The EFSD is a regional financial institution with assets
exceeding $9 billion, established in 2009. Its objectives include
promoting economic and financial stability in member states and
supporting their sustainable development.
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