Second Regional Economic Development Project

Abstract*

The Kyrgyz Republic remains one of the poorest countries in Central Asia and COVID-19 has created a further set of challenges. Due to the COVID-19 pandemic and policies to limit its spread, the Kyrgyz economy remains in a deep recession following a contraction of8.6 percent in 2020. The Gross National Income per capita was US$1,160 in 2020, which is slightly above the threshold for Lower Middle-Income Country status. The country has a population of... Show More

Development Objective

The objective of the Project is to (i) improve access to basic municipal services; (ii) strengthen competitiveness of selected agriculture value chains; (iii) increase SME activities in the Batken region; and (iv) in case of an Eligible Crisis or Emergency, respond promptly and effectively to it.

Key Details

Project Details

Project ID
P175587
Status
Active
Team Leader
Tolkun Jukusheva , Tahira Syed, Tengiz Gogotishvili
Borrower 2
Kyrgyz Republic

Country
Kyrgyz Republic
Disclosure Date
September 24, 2021
Approval Date
(as of board presentation)
March 3, 2022
Effective Date
August 17, 2022

Total Project Cost 1
US$ 50.00 million
Implementing Agency
Community Development and Investment Agency (ARIS)
Region
Europe and Central Asia
Fiscal Year 3
2022

Commitment Amount
US$ 50.00 million
Environmental Category
N/A
Last Update Date
January 5, 2024
Closing Date
December 17, 2027

Consultant Services required
No
Last Stage Reached
BANK APPROVED

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change9%
- FY17 - Adaptation9%
- FY17 - Mitigation0%

FY17 - Finance

FY17 - Finance for Development90%
- FY17 - Agriculture Finance42%
- FY17 - Infrastructure Finance54%

FY17 - Human Development and Gender

FY17 - Gender10%
FY17 - Nutrition and Food Security12%
- FY17 - Food Security12%

FY17 - Private Sector Development

FY17 - Enterprise Development57%
- FY17 - MSME Development57%

FY17 - Urban and Rural Development

FY17 - Disaster Risk Management49%
- FY17 - Flood and Drought Risk Management49%
FY17 - Rural Development48%
- FY17 - Rural Infrastructure and service delivery42%
- FY17 - Rural Markets48%
FY17 - Urban Development54%
- FY17 - Urban Infrastructure and Service Delivery54%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	25.00
IDA Grant	25.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	50.00
IBRD + IDA Commitment	50.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	50.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Jul 27, 2023	IDA-70490	Loan Disb	361,434.28
Aug 31, 2023	IDA-70490	Loan Disb	230,751.06
Aug 24, 2023	IDA-70490	Loan Disb	422,796.34
Aug 21, 2023	IDA-70490	Loan Disb	495,099.80
Nov 21, 2023	IDA-70490	Loan Disb	374,587.56
Dec 26, 2023	IDA-70490	Loan Disb	618,619.75
Oct 15, 2023	IDA-70490	Int Charges	11,704.88
Oct 15, 2023	IDA-70490	Int Charges	11,704.88
Oct 15, 2023	IDA-70490	Int Charges	324.55
Oct 15, 2023	IDA-70490	Int Charges	324.55
Jun 26, 2023	IDA-70490	Loan Disb	328,704.20
May 18, 2023	IDA-70490	Loan Disb	495,996.38
Mar 12, 2024	IDA-70490	Loan Disb	309,753.50
Apr 15, 2024	IDA-70490	Int Charges	1,253.84
Apr 15, 2024	IDA-70490	Int Charges	1,253.84
Apr 15, 2024	IDA-70490	Int Charges	27,249.21
Apr 15, 2024	IDA-70490	Int Charges	27,249.21
Oct 3, 2023	IDA-70490	Loan Disb	479,816.50
Nov 29, 2022	IDA-D9760	Loan Disb	1,000,000.00
Sep 13, 2023	IDA-D9760	Loan Disb	254,121.90
Dec 6, 2023	IDA-D9760	Loan Disb	245,874.34
Apr 23, 2024	IDA-D9760	Loan Disb	201,024.80
Aug 26, 2024	IDA-D9760	Loan Disb	220,982.81
Mar 3, 2022	IDA-70490	Loan Commitment	25,000,000.00
Mar 3, 2022	IDA-D9760	Loan Commitment	25,000,000.00
Mar 29, 2023	IDA-70490	Loan Disb	1,000,000.00
Jul 12, 2023	IDA-70490	Loan Disb	242,338.70
Jul 17, 2023	IDA-70490	Loan Disb	473,010.90
Sep 19, 2023	IDA-70490	Loan Disb	235,156.77
Aug 4, 2023	IDA-70490	Loan Disb	540,601.40
Jun 15, 2023	IDA-70490	Loan Disb	1,000,000.00
Aug 3, 2023	IDA-70490	Loan Disb	357,641.22

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Project Management	Satisfactory	2024-12-13
Overall Implementation Progress (IP)	Satisfactory	2024-12-13
Progress towards achievement of PDO	Satisfactory	2024-12-13
Financial Management	Satisfactory	2024-12-13
Monitoring and Evaluation	Satisfactory	2024-12-13
Procurement	Satisfactory	2024-12-13

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

People provided with improved urban living conditions Value 0.00 11785.00 35000.00
Date October 11, 2021 December 20, 2023 December 31, 2027
Comment
Increase in the sale of agricultural products by project beneficiaries (Percentage) Value 0.00 0.00 10.00
Date March 31, 2022 December 20, 2023 December 31, 2027
Comment
Number of SMEs becoming operational or scaling up activities under the Small Grants Program Value 0.00 0.00 100.00
Date October 11, 2021 December 20, 2023 December 31, 2027
Comment
CERC beneficiaries (Number disaggregated by gender) Value 0.00 11785.00 11000.00
Date November 14, 2022 December 20, 2023 December 31, 2027
Comment
People provided with improved urban living conditions - Female (RMS requirement) Value 0.00 0.00 0.00
Date
Comment
Of which, females (Number) Value 0.00 5816.00 5700.00
Date November 14, 2022 December 20, 2023 December 31, 2027
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Social facilities reconstructed or rehabilitated (number) (Number) Value 0.00 15.00 15.00
Date November 14, 2022 December 20, 2023 December 31, 2027
Comment
Business plan approved for financing by the participants of the Small Grants Program Value 0.00 0.00 150.00
Date November 12, 2021 December 20, 2023 December 31, 2027
Comment
Number of laboratories and facilities supported under the project (Number) Value 0.00 0.00 4.00
Date March 31, 2022 December 20, 2023 December 31, 2027
Comment
Proposed investments and project activities screened for climate change Value 0.00 100.00 100.00
Date November 25, 2021 December 20, 2023 December 31, 2027
Comment
Children with access to rehabilitated/reconstructed schools and pre-schools (number, gender disaggregated) (Number) Value 0.00 3718.00 3700.00
Date November 14, 2022 December 20, 2023 December 31, 2027
Comment
The share of female-led SMEs with the received financial support to start business (gender gap) Value 0.00 0.00 50.00
Date October 11, 2021 December 20, 2023 December 31, 2027
Comment
Farmers reached with agricultural assets or services Value 0.00 0.00 2500.00
Date March 31, 2022 December 20, 2023 December 31, 2027
Comment
Public buildings with reduced vulnerability to seismic hazards and improve energy efficiency Value 0.00 15.00 10.00
Date October 11, 2021 December 20, 2023 December 31, 2027
Comment
The share of females participating in the capacity building activities for improved business practices (gender gap) Value 0.00 0.00 50.00
Date October 11, 2021 December 20, 2023 December 31, 2027
Comment
Of which, females (Number) Value 0.00 350.00 0.00
Date
Comment
Farmers reached with agricultural assets or services - Female Value 0.00 0.00 0.00
Date
Comment
Roads rehabilitated Value 0.00 0.00 30.00
Date November 12, 2021 December 20, 2023 December 31, 2027
Comment
Number of operational productive partnership initiatives Value 0.00 0.00 7.00
Date March 31, 2022 December 20, 2023 December 31, 2027
Comment
New or rehabilitated urban public spaces Value 0.00 0.00 10000.00
Date October 11, 2021 December 20, 2023 December 31, 2027
Comment
Percent of operational productive partnerships that include climate resilient technology investments Value 0.00 0.00 0.00
Date
Comment
Key stakeholders trained in integrated urban flood risk management, climate change resilience, and territorial planning Value 0.00 0.00 100.00
Date October 11, 2021 December 20, 2023 December 31, 2027
Comment

Public sector staff and technical professionals trained in the design and implementation of retrofitting and renovation of buildings to improve energy efficiency	Value	0.00	0.00	100.00
	Date	October 11, 2021	December 20, 2023	December 31, 2027
	Comment

Farmers adopting improved agricultural technology Value 0.00 0.00 750.00
Date March 31, 2022 December 20, 2023 December 31, 2027
Comment
Beneficiaries who report effective engagement processes Value 0.00 45.00 70.00
Date October 11, 2021 December 20, 2023 December 31, 2027
Comment
Farmers adopting improved agricultural technology - Female Value 0.00 0.00 0.00
Date
Comment
Farmers adopting improved agricultural technology - male Value 0.00 0.00 0.00
Date
Comment
Of which, females Value 0.00 0.00 0.00
Date
Comment
Percent of Farmers adopting improved agricultural technology that is climate smart Value 0.00 0.00 0.00
Date
Comment
Area under new climate smart technology (water saving, climate adapted variety, or energy efficient technology) Value 0.00 0.00 100.00
Date March 31, 2022 December 20, 2023 December 31, 2027
Comment

Of which, females (Number)	Value	0.00	5816.00	5700.00
	Date	November 14, 2022	December 20, 2023	December 31, 2027
	Comment

Roads rehabilitated	Value	0.00	0.00	30.00
	Date	November 12, 2021	December 20, 2023	December 31, 2027
	Comment

People provided with improved urban living conditions - Female (RMS requirement)	Value	0.00	0.00	0.00
	Date
	Comment

Farmers reached with agricultural assets or services - Female	Value	0.00	0.00	0.00
	Date
	Comment

Percent of operational productive partnerships that include climate resilient technology investments	Value	0.00	0.00	0.00
	Date
	Comment

Farmers adopting improved agricultural technology - Female	Value	0.00	0.00	0.00
	Date
	Comment

Second Regional Economic Development Project

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Detailed Financial Activity as of March 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS