Bishkek: The World Bank (WB) has affirmed its commitment to sustaining its support for projects in Kyrgyzstan, as stated by Najy Benhassine, Regional Director for Central Asia, during a meeting with Adylbek Kasymaliev, Chairman of the Cabinet of Ministers and Head of the Presidential Administration of Kyrgyzstan. This announcement comes through a report from the Kyrgyz government.
According to Trend News Agency, Benhassine acknowledged the robust cooperation between the World Bank and Kyrgyzstan, noting the country’s impressive economic growth that has captivated international investors. The meeting underscored the importance of this partnership in driving forward Kyrgyzstan’s strategic economic goals.
Kasymaliev expressed his gratitude to the World Bank for its ongoing partnership, highlighting its instrumental role in financing key national projects. “The World Bank is a leading financier of our projects, and this support makes it possible to achieve our strategic goals,” Kasymaliev stated. He further noted that Kyrgyzstan’s GDP has shown sustained growth, averaging a 9 percent increase over the past three years, with an 11.5 percent rise recorded from January to July this year. The government is targeting a GDP of at least $30 billion by 2030.
In addition to economic growth, Kasymaliev outlined Kyrgyzstan’s 2030 development program, which places a strong emphasis on industrialization, establishing a regional hub, and advancing agricultural and tourism sectors. The program also prioritizes green energy and the strategic construction of the Kambarata-1 hydropower plant. Both sides expressed optimism about enhancing and expanding the cooperation between Kyrgyzstan and the World Bank, which is seen as crucial for the country’s future development.