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10 July 2024

The EFSD representative at the T20 conference, the G20 expert group, proposed establishing a global platform for monitoring financial assistance

A representative of the Eurasian Fund for Stabilization and Development (EFSD) during the T20 conference, an expert group of the G20, proposed to develop a global platform for monitoring international financial institutions (IFIs) financial assistance for developing economies. The implementation of such a project will improve coordination among IFIs in terms of their provision of financing, which will lead to a more efficient use of donor funds.

The EFSD representative at the T20 conference, the G20 expert group, proposed establishing a global platform for monitoring financial assistance

09 July 2024

Economic growth exceeds expectations and no threats to financial stability: the EFSD presented its “Regional Economic Outlook. Summer’24”

The Eurasian Fund for Stabilization and Development (EFSD) presented its new 'Regional Economic Outlook. Summer'24' (REO). The Fund's quarterly document analyses the current economic situation and provides forecasts and information on the main risks and challenges for economic growth in all six member states: Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan.

Economic growth exceeds expectations and no threats to financial stability: the EFSD presented its “Regional Economic Outlook. Summer’24”

05 July 2024

The EFSD provides 40% of stabilisation financing in the Eurasian region: the Fund carried out a medium-term evaluation of its Strategy implementation

The Eurasian Fund for Stabilisation and Development (EFSD) is a key source of stabilisation financing in the region. It accounts for 40% of such disbursements in the participating countries, according to the data presented at the High-level Strategy Session of the EFSD. Representatives of the Ministries of Finance of Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan participated in the event, which summarised the medium-term evaluation results of the Strategy for 2022-2026 implementation

The EFSD provides 40% of stabilisation financing in the Eurasian region: the Fund carried out a medium-term evaluation of its Strategy implementation

02 July 2024

The EFSD launches consultations in its member states on the draft Environmental and Social Framework

The Eurasian Fund for Stabilization and Development (EFSD) is initiating consultations in its member states regarding the draft Environmental and Social Framework (ESF) and the associated operational procedures for its implementation. The consultations aim to take into account the unique characteristics of each country to ensure the effective application of the new standards in project implementation.

The EFSD launches consultations in its member states on the draft Environmental and Social Framework

26 June 2024

The EFSD concludes consultations on the mid-term review of 2022–2026 country strategies

The Eurasian Fund for Stabilization and Development (EFSD) has concluded a series of consultations with its member states to review the mid-term implementation of EFSD strategies in Armenia, Belarus, Kyrgyzstan and Tajikistan. These consultations included representatives from the ministries of finance, relevant agencies, and government organizations in each country.

The EFSD concludes consultations on the mid-term review of 2022–2026 country strategies

19 June 2024

The EFSD presents a macroeconomic assessment for the Kyrgyz Republic at the Development Partners Coordination Council’s meeting

Experts from the Eurasian Fund for Stabilization and Development (EFSD) presented macroeconomic assessments and forecasts for the Kyrgyz Republic at a meeting of the nation’s Development Partners Coordination Council (DPCC).

The EFSD presents a macroeconomic assessment for the Kyrgyz Republic at the Development Partners Coordination Council’s meeting

10 June 2024

EFSD Executive Director participates in a meeting of the National Development Council under the President of Tajikistan

Andrey Shirokov, Executive Director of the Eurasian Fund for Stabilization and Development (EFSD), took part in a meeting of the National Development Council chaired by Emomali Rahmon, President of Tajikistan

EFSD Executive Director participates in a meeting of the National Development Council under the President of Tajikistan

10 June 2024

The EFSD conducts a workshop on efficient procurement and financial management for EFSD-funded projects in the Kyrgyz Republic

The Eurasian Fund for Stabilization and Development (EFSD) conducted a workshop on efficient procurement and financial management in the implementation of EFSD-funded projects in the Kyrgyz Republic

The EFSD conducts a workshop on efficient procurement and financial management for EFSD-funded projects in the Kyrgyz Republic

06 June 2024

The EFSD and the Kyrgyz Republic prepare the Aral–Suusamyr road rehabilitation project for implementation

The Eurasian Fund for Stabilization and Development (EFSD) and the Kyrgyz Republic have prepared the Aral–Suusamyr road rehabilitation project for implementation. This announcement was made during a meeting between the EFSD delegation and Beknazar Bazaraliev, Deputy Minister of Transport and Communications of the Kyrgyz Republic

The EFSD and the Kyrgyz Republic prepare the Aral–Suusamyr road rehabilitation project for implementation

05 June 2024

The EFSD presents a draft of its new Environmental and Social Framework at a working meeting of multilateral financial institutions

The Eurasian Fund for Stabilization and Development (EFSD) has drafted an Environmental and Social Framework (ESF) along with operational procedures for its implementation. These documents were presented at a meeting of the Multilateral Financial Institutions’ Working Group on Environmental and Social Standards. The event, hosted by the Asian Development Bank (ADB) in Manila, Philippines, brought together representatives from over 20 international financial institutions and development agencies

The EFSD presents a draft of its new Environmental and Social Framework at a working meeting of multilateral financial institutions

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