Eurasian Fund for Stabilization and Development Projects

The Fund provides financial resources for projects designed to:

  • assist EFSD member states in overcoming the effects of the global economic crisis;
  • ensure long-run economic sustainability;
  • promote integration in the region.

The above objectives are met both by extending financial credits to member states governments in support of their budgets, balance of payments and currency exchange rate, and in the form of investment loans to governments or companies implementing interstate investment projects.

One mandatory eligibility criterion for such financial support consists in the inability to borrow from the capital market to enable full-scale implementation of the project.

The minimum amount of EFSD investment loans is set at US$30 million for countries with GNI per capita over US$ 5,000 and at US$10 million for all other countries. The minimum amount of EFSD financial credits is set at US$10 million.

Project Status Date of
Rehabilitation of the Aral-Suusamyr Road
Kyrgyzstan, Investment credit, Transport
Approved concept note 05/03/2022
Improving water supply and sanitation in rural areas of the Osh region in the Kyrgyz Republic
Kyrgyzstan, Investment credit, Water and Sanitation
Approved concept note 04/15/2022
Emergency response to effects of COVID-19 (the Kyrgyz Republic)
Kyrgyzstan, Grants, Health
Signed 03/18/2022
Financial credit to the Kyrgyz Republic
Kyrgyzstan, Financial credit, Budget support and/or balance-of-payments support
Signed 03/05/2022
Electronic Labour Exchange
Armenia, Grants, Social security and protection
Signed 12/27/2021
Energy efficient regions: activating instruments of public buildings’ energy efficiency increase and promoting «green energy» development
Armenia, Grants, Good governance
Signed 12/27/2021
Improving Preparedness for the COVID-19 Pandemic in the Republic of Armenia: Detection and Response to Threats Posed by the Coronavirus
Armenia, Grants, Health
Signed 07/07/2021
Mobile diagnostics of COVID 19
Tajikistan, Grants, Health
Signed 07/07/2021
Financial credit for Republic of Belarus
Belarus, Financial credit, Budget support and/or balance-of-payments support
Completed 09/10/2020
Financial credit for Republic of Tajikistan
Tajikistan, Financial credit, Budget support and/or balance-of-payments support
Signed 07/31/2020
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