Bishkek, Oct. 25, 2024. /Kabar/. As part of a working visit to Washington, on the sidelines of the annual meeting of the World Bank Group and the International Monetary Fund, First Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic Adylbek Kasymaliev met with World Bank Executive Director from the Swiss group of countries Beatrice Maser.
The Cabinet of Ministers said that during the meeting, the parties discussed key projects aimed at the economic development of Kyrgyzstan, with an emphasis on financing the construction of the Kambarata HPP-1 and budget planning issues.
Adylbek Kasymaliev emphasized the importance of the Kambarata HPP-1 project as a locomotive for the development of energy security and regional cooperation in Central Asia.
“The implementation of this project will not only provide Kyrgyzstan with clean and affordable energy, but also creates new jobs, stimulate economic growth and increase the country's investment attractiveness,” he said.
In turn, Beatrice Mather confirmed the World Bank's readiness to provide comprehensive support to projects aimed at the economic development of Kyrgyzstan, including the construction of the Kambarata HPP-1. She emphasized the importance of this project both for Kyrgyzstan and for the entire Central Asian region, noting its potential to strengthen regional energy security and sustainable development.
The parties also discussed the current economic situation in Kyrgyzstan, the implementation of public administration reforms, as well as strategies to support green and inclusive growth.
At the end of the meeting, Adylbek Kasymaliev invited Beatrice Mather to visit Kyrgyzstan, which, according to him, will be an important step to further strengthen bilateral cooperation with the World Bank.
Beatrice Mather is the Executive Director from the Swiss group on the Board of Directors of the World Bank Group, which includes: Kyrgyzstan, Azerbaijan, Kazakhstan, Poland, Serbia, Tajikistan, Turkmenistan, Uzbekistan, Switzerland.