| Financier | Commitments |
|---|---|
| IDA Credit | 30.00 |
| IDA Grant | 30.00 |
Kyrgyz Republic Regional Economic Development Project
Abstract*
The Kyrgyz economy grew at an estimated 6.2 percent in 2023, following a 9 percent expansion in 2022. This growth was driven by gold production and a rebound in the agriculture and services sector, particularly services related to transit trade from China and Russia. On the expenditure side, exports and consumption supported growth. Average consumer price inflation declined from 13.8 percent in 2022 to 10.8 percent in 2023 due to easing global food... Show More
Development Objective
The Project Development Objective is to support the Recipient to enhance regional economic development through targeted interventions in the selected sectors in the Osh region.
Key Details
Project Details
P167428
Active
Tolkun Jukusheva , Tahira Syed, Tengiz Gogotishvili
Kyrgyz Republic
May 2, 2019
(as of board presentation)
March 12, 2020
December 7, 2020
US$ 60.00 million
Community Development and Investment Agency (ARIS)
2020
US$ 60.00 million
N/A
April 15, 2024
December 18, 2026
TBD
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 60.00 |
| IBRD + IDA Commitment | 60.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 60.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Mar 13, 2024 | IDA-D5700 | Loan Disb | 627,019.94 |
| Jun 11, 2024 | IDA-D5700 | Loan Disb | 441,321.38 |
| Mar 12, 2020 | IDA-65580 | Loan Commitment | 30,000,000.00 |
| Dec 21, 2020 | IDA-D5700 | Loan Disb | 1,000,000.00 |
| Dec 5, 2022 | IDA-D5700 | Loan Disb | 260,576.89 |
| Aug 29, 2022 | IDA-D5700 | Loan Disb | 267,906.12 |
| Mar 18, 2022 | IDA-D5700 | Loan Disb | 271,523.06 |
| Mar 8, 2023 | IDA-D5700 | Loan Disb | 300,835.56 |
| Sep 29, 2023 | IDA-D5700 | Loan Disb | 257,076.17 |
| Dec 14, 2023 | IDA-D5700 | Loan Disb | 622,683.50 |
| Dec 5, 2023 | IDA-D5700 | Loan Disb | 619,140.60 |
| Nov 1, 2023 | IDA-D5700 | Loan Disb | 633,653.60 |
| Nov 29, 2023 | IDA-D5700 | Loan Disb | 341,349.53 |
| Dec 26, 2023 | IDA-D5700 | Loan Disb | 779,679.00 |
| Jun 16, 2023 | IDA-D5700 | Loan Disb | 286,116.97 |
| Aug 25, 2023 | IDA-D5700 | Loan Disb | 490,181.06 |
| Sep 19, 2023 | IDA-D5700 | Loan Disb | 369,003.12 |
| Jul 25, 2023 | IDA-D5700 | Loan Disb | 505,679.72 |
| Aug 31, 2023 | IDA-D5700 | Loan Disb | 424,690.00 |
| Jul 19, 2024 | IDA-D5700 | Loan Disb | 876,853.56 |
| Aug 15, 2024 | IDA-D5700 | Loan Disb | 534,578.90 |
| May 23, 2024 | IDA-D5700 | Loan Disb | 406,915.75 |
| Jul 25, 2024 | IDA-D5700 | Loan Disb | 251,840.30 |
| Aug 28, 2024 | IDA-D5700 | Loan Disb | 374,434.88 |
| Apr 9, 2024 | IDA-D5700 | Loan Disb | 499,995.06 |
| Aug 26, 2024 | IDA-D5700 | Loan Disb | 349,158.47 |
| Jun 3, 2024 | IDA-D5700 | Loan Disb | 596,010.50 |
| May 13, 2024 | IDA-D5700 | Loan Disb | 936,469.70 |
| Jun 28, 2024 | IDA-D5700 | Loan Disb | 433,953.53 |
| Mar 12, 2020 | IDA-D5700 | Loan Commitment | 30,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Satisfactory | 2024-10-18 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-10-18 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-10-18 |
| Project Management | Moderately Satisfactory | 2024-10-18 |
| Financial Management | Satisfactory | 2024-10-18 |
| Monitoring and Evaluation | Satisfactory | 2024-10-18 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Increase in the sale of agricultural products by project beneficiaries Value 0.00 0.00 10.00 Date February 28, 2020 April 15, 2024 December 18, 2026 Comment Increase in the number of tourist arrivals at sites supported under the Project Value 0.00 0.00 30.00 Date February 28, 2020 April 15, 2024 December 18, 2026 Comment People provided with improved urban living conditions Value 0.00 35000.00 150000.00 Date February 28, 2020 April 15, 2024 December 18, 2026 Comment People provided with improved urban living conditions - Female (RMS requirement) Value 0.00 0.00 0.00 Date Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of operational productive partnership initiatives Value 0.00 3.00 25.00 Date July 1, 2020 April 15, 2024 December 31, 2026 Comment Number of central and regional/local public staff benefiting from the capacity building activities for improved coordination and regional development Value 0.00 50.00 100.00 Date February 28, 2020 April 15, 2024 December 18, 2026 Comment Number of SME established and supported by the Small Grants Program Value 0.00 0.00 300.00 Date February 28, 2020 April 15, 2024 December 18, 2026 Comment Farmers adopting improved agricultural technology Value 0.00 350.00 5000.00 Date July 1, 2020 April 15, 2024 December 31, 2026 Comment Sustainable management plans for key regional assets developed Value 0.00 1.00 5.00 Date February 28, 2020 April 15, 2024 December 18, 2026 Comment Female-led SMEs received financial support to start business in tourism or rural setting (gender gap) Value 0.00 0.00 50.00 Date February 28, 2020 April 15, 2024 December 31, 2026 Comment Number of laboratories and facilities supported under the Project Value 0.00 8.00 8.00 Date July 1, 2020 April 15, 2024 December 18, 2026 Comment Females participating in the capacity building activities for improved hospitality business practices (gender gap) Value 0.00 0.00 50.00 Date February 28, 2020 April 15, 2024 December 31, 2026 Comment New or rehabilitated urban public spaces Value 0.00 33235.00 600000.00 Date February 28, 2020 April 15, 2024 December 31, 2026 Comment Farmers adopting improved agricultural technology - Female Value 0.00 0.00 400.00 Date Comment Beneficiaries who report effective engagement processes Value 0.00 96.00 70.00 Date October 22, 2019 April 15, 2024 December 31, 2026 Comment Increased revenue from visitors to museums Value 0.00 0.00 15.00 Date February 28, 2020 April 15, 2024 December 31, 2026 Comment Farmers adopting improved agricultural technology - male Value 0.00 0.00 600.00 Date Comment Number of farmers and rural producers linked to higher-value markets Value 0.00 0.00 10000.00 Date February 28, 2020 April 15, 2024 December 31, 2026 Comment Natural, cultural or heritage assets supported, rehabilitated or restored Value 0.00 0.00 5.00 Date February 28, 2020 April 15, 2024 December 31, 2026 Comment Out of which, females Value 0.00 0.00 0.00 Date Comment Increased amount of private sector investments in targeted areas (US$ million) Value 0.00 2.00 4.00 Date February 28, 2020 April 15, 2024 December 31, 2026 Comment Tourism marketing and promotion activities completed Value 0.00 2.00 4.00 Date February 28, 2020 April 15, 2024 December 18, 2026 Comment