World Bank and Kyrgyzstan Discuss State-Owned Enterprise Reforms

The Deputy Minister of Economy and Commerce of Kyrgyzstan met with the World Bank Group Country Manager for the Kyrgyz Republic to discuss advancing reforms in the state-owned enterprise sector. The discussion centered on improving state asset utilization, introducing modern corporate governance, and developing a competitive environment for businesses. The parties also highlighted the importance of the joint project, which is funded by the Swiss State Secretariat for Economic Affairs and implemented by the World Bank.

The talks emphasized increasing transparency in the management of state-owned enterprises and improving the regulatory framework. These efforts aim to create more favorable conditions for private sector growth in Kyrgyzstan. The World Bank and Kyrgyzstan reaffirmed their commitment to continuing constructive cooperation on these priority economic reforms.