Kyrgyzstan to receive USD 627M from int’l financial institutions to fight COVID-19

Bishkek, July 10, 2020. /Kabar/. Kyrgyzstan will receive a total of USD 627 million from international financial institutions to fight against COVID-19, Deputy Prime Minister of the republic Erkin Asrandiyev told Friday. At this time, USD 321 million has actually been received, while the rest USD 306 million is expected and ratification procedure is underway. "Concerning terms of assistance provided, 26% of all financial aid, USD 106 million, comes in the form of grants, the raining USD 461 million is being received in loans at preferential rates,” said Asrandiyev.