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EBRD to help Kyrgyzstan with economic loss from uprising

© RIA Novosti . Andrei SteninEBRD to help Kyrgyzstan with economic loss from uprising
EBRD to help Kyrgyzstan with economic loss from uprising - Sputnik International
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The European Bank for Reconstruction and Development will help Kyrgyzstan to recover and estimate economic losses from recent uprising in the country, a statement published by the bank on Wednesday said.

The European Bank for Reconstruction and Development will help Kyrgyzstan to recover and estimate economic losses from recent uprising in the country, a statement published by the bank on Wednesday said.

"A senior EBRD delegation led by Olivier Descamps, EBRD Managing Director for Central Asia, Caucasus, Eastern Europe and Turkey, will travel to the Kyrgyz Republic 28-20 April to assess the country's needs in the private sector following the recent unrest and offer the Bank's support to the recovery and further development of the country," the statement said.

Uprisings broke out in Kyrgyzstan on April 6, spreading across the country and lasting several days. Former President Kurmankbek Bakiyev was deposed and forced to flee the capital and later the country, and an interim government was formed in his place.

The EBRD proposed a coordinated approach among international organizations to increase the effectiveness of the response.

The bank rendered Georgia similar aid after its conflict with Russia in 2008.

LONDON, April 28 (RIA Novosti) 

 

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