| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/16/105 (26.01.16) |
| Publication Date | 26/01/2016 |
| Content Type | News |
|
On 26 January 2016 the European Commission approved the release of EUR 15 million as part of the EU's Macro-Financial Assistance (MFA) programme for the Kyrgyz Republic. The payment consists of EUR 5 million in grants and EUR 10 million in loans, and is the second and final part of a EUR 30 million MFA programme. The objective of the assistance is to support the restoration of a sustainable external financial situation for the Kyrgyz Republic, to alleviate its balance of payments needs and thereby support its economic and social development. |
|
| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-16-105_en.htm |
| Countries / Regions | Central Asia, Europe |
