Kyrgyzstan, Tajikistan, and Turkmenistan receive $1.9 billion in non-sovereign financing from IFIs in 16 years

AKIPRESS.COM – Kyrgyzstan, Tajikistan, and Turkmenistan collectively received $1.9 billion in non-sovereign financing from the International Financial Institutions (IFIs) between 2008 and 2024, according to data from the Eurasian Development Bank (EDB).

The priority sectors were the financial sector ($431 million), the agro-industrial complex ($99 million), and energy ($74 million).

The average annual financing volume increased by more than five times from $48 million in 2008–2010 to $269 million in 2022–2024.

EDB analysts note that the volume of financing in Kyrgyzstan is almost three times higher than IFI investments in Tajikistan and Turkmenistan combined.

The largest recipients of IFI investments in 2022–2024 were Kazakhstan ($5.9 billion) and Uzbekistan ($3.9 billion). They are the leaders in the volume of non-sovereign operations both in Central Asia (91%) and in the Eurasian region (48%).