Kyrgyzstan and IFAD Strengthen Partnership in Agricultural Development
Kyrgyzstan's Deputy Chairman of the Cabinet of Ministers, Minister of Water Resources, Agriculture and Processing Industries Bakyt Torobaev met with Donal Brown, Vice-President of the International Fund for Agricultural Development (IFAD) in Rome. The meeting focused on the long-term partnership between Kyrgyzstan and IFAD, with a strong emphasis on the development of the agricultural sector. Bakyt Torobaev thanked IFAD for its significant contribution to the country's agricultural growth and expressed appreciation for the strategic partnership. The meeting also explored the possibility of opening an official IFAD representative office in Bishkek, which would enhance project monitoring and interaction.
Key Takeaways:
- Kyrgyzstan and IFAD have a long-standing partnership that dates back to 2009, with IFAD investing over $120 million in the Kyrgyz economy.
- The partnership has led to the implementation of several projects, including the establishment of a pasture management system, strengthening of the veterinary service, support to over 3,000 rural families, and development of cooperatives and innovative technologies in the agricultural sector.
- The new Livestock and Market Development Project III, with a budget of $21 million, is currently being implemented, with plans for its expansion within the IFAD-14 financing cycle.
- Kyrgyzstan is an important partner for IFAD in Central Asia, with a strong emphasis on supporting initiatives aimed at sustainable development of rural areas and improving the living standards of the population.
- The meeting discussed the possibility of opening an official IFAD representative office in Bishkek to enhance project monitoring and interaction.
Statistics:
- $120 million: Total IFAD investment in the Kyrgyz economy since 2009.
- 2009: Year when the partnership between Kyrgyzstan and IFAD began.
- 3,000: Number of rural families supported through IFAD aid.
- $21 million: Budget for the Livestock and Market Development Project III.
- December 2025: Proposed submission date for the Livestock and Market Development Project III to the IFAD Board of Directors.
Sources:
- Donal Brown, Vice-President of the International Fund for Agricultural Development (IFAD)
- Bakyt Torobaev, Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture and Processing Industries of Kyrgyzstan