About EFSD – Eurasian Development Bank
The Eurasian Fund for Stabilization and Development (the former EURASEC Anti-Crisis Fund) is a regional financial arrangement in the amount of US$ 8.513 billion established by Armenia, Belarus, Kazakhstan, Kyrgyz Republic, Russia, and Tajikistan to overcome negative crisis consequences, to provide long-run sustainability and to foster economic integration of EFSD member countries. The Fund provides the following assistance to the member states:
- financial credits for budget support and (or) balance-of-payments support, available to governments only;
- investment loans, provided either to EFSD member states or to companies;
- grants to finance government programmes in the social sector.