Education

ADB maps out key investment and reform focus in Kyrgyzstan

By Abdullo Janob

Copyright trend

ADB maps out key investment and reform focus in Kyrgyzstan

BISHKEK, Kyrgyzstan, September 19. Special
attention in Kyrgyzstan is being given to projects in the energy
sector, tourism development, and youth support, said Parjiono,
Executive Director of the Asian Development Bank’s (ADB) electoral
district, Trend
reports via the Ministry of Finance of Kyrgyzstan.

He made the remark during a meeting with Kyrgyzstan’s Minister
of Finance, Almaz Baketaev, held in Bishkek.

“We see that even small investments yield significant results.
Kyrgyzstan is developing towards a ‘green economy,’ and for us, the
effective use of allocated funds is more important than their
volume. Education and the development of human capital are of
strategic importance, as youth are the future of the country. We
are ready to work together in stages and on a mutually beneficial
basis, which will lay the foundation for Kyrgyzstan’s sustainable
development,” Parjiono emphasized.

In turn, Baketaev highlighted that one of the government’s
priority policy directions is the development and support of small
and medium-sized businesses.

“Without strengthening entrepreneurship, it is impossible to
ensure sustainable economic growth and expand the revenue base of
the budget,” he said.

He also noted that special attention should be paid to tourism
development, considering the country’s unique natural and cultural

“Many have yet to fully realize the opportunities in Kyrgyzstan.
Besides the pleasant climate, the country has rich natural and
cultural resources that provide a foundation for the sustainable
development of tourism,” the minister added.

Furthermore, he emphasized that the comprehensive development of
small and medium businesses, tourism, and ecological projects
contributes to sustainable economic growth and improves the quality
of life for citizens.