News

The Eurasian Fund for Stabilization and Development (EFSD, the Fund) and the Government of the Kyrgyz Republic have signed loan agreements for two strategic investment projects financed by the EFSD: "Improving Water Supply and Sanitation in Rural Settlements of Osh Region" and "Construction of the Surface Spillway at the Kambarata-2 Hydropower Plant." The agreements were signed by EFSD Managing Director Iaroslav Mandron and Minister of Finance of the Kyrgyz Republic Ruslan Suinaliev.

From July 7 to 9, 2026, the Eurasian Fund for Stabilization and Development provided technical assistance for a workshop in Bishkek on best practices for ensuring transparency of beneficial ownership of legal entities. The workshop brought together government officials and private sector representatives of the Kyrgyz Republic. An officer of the Secretariat of the Eurasian Group on Combating Money Laundering and Terrorist Financing (EAG) served as an expert and moderator of the sessions, while international experts took part as lecturers.

Astana, July 9, 2026 — The Eurasian Fund for Stabilization and Development (EFSD, the Fund) has held an inception workshop marking the launch of an assessment of the public procurement system of the Republic of Kazakhstan under the international Methodology for Assessing Procurement Systems (MAPS).

Astana, July 8 — The Eurasian Fund for Stabilization and Development (EFSD, the Fund) has updated its database on sovereign financing in the Eurasian region (SFD). As of July 1, 2026, the cumulative volume of sovereign financing approved by international financial institutions (IFIs), development agencies, and climate funds since 2008 has surpassed USD 300 billion.

The Eurasian Fund for Stabilization and Development (EFSD, the Fund) took part in the Eurasian Development Bank's (EDB’s) Annual Meeting and Business Forum, Eurasia 2030+: Investment, Growth and New Opportunities, which this year brought together government bodies, businesses, investors, international financial institutions, and the expert community.

Ministry of Water Resources of Uzbekistan, the Eurasian Development Bank (EDB) and the Eurasian Fund for Stabilization and Development (EFSD) have signed a memorandum of understanding regarding cooperation on modernizing 95 pumping stations in the Bukhara, Navoi, Kashkadarya, Samarkand and Surkhandarya regions.

The Eurasian Fund for Stabilization and Development (EFSD, the Fund) has taken part in the Fifth Eurasian Economic Forum in Astana, held as part of Kazakhstan's 2026 chairmanship of the Eurasian Economic Union (EAEU). The EFSD delegation was led by the Fund's Chief Economist, Sergei Ulatov.

The Eurasian Fund for Stabilization and Development (EFSD) and the Ministry of Finance of the Republic of Armenia have signed a Memorandum of Cooperation, under which the Fund will help design and roll out digital solutions to modernize the Ministry's human resources management.

The 44th Plenary Session of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG) was held May 19–23 in Ashgabat, Turkmenistan. 

The headquarters of the Eurasian Fund for Stabilization and Development (EFSD, the Fund) has hosted a roundtable focused on assessing Kazakhstan's potential economic growth.