In Kyrgyzstan, Regional Development Funds actively support socio-economic initiatives aimed at improving living conditions and developing the economy in various regions of the country.
According to the Ministry of Finance, the funding for the funds comes from contributions from mining companies and licensing fees related to the use of natural resources.
These funds operate at the regional and district levels, providing resources for projects in areas such as infrastructure, entrepreneurship, job creation, and improving the living standards of the population.
The main goal of their activities is to support sustainable economic growth, develop small and medium-sized businesses, and increase the attractiveness of regions for investors.
According to the Model Regulation on the Funds, approved by the resolution of the Cabinet of Ministers of the Kyrgyz Republic on September 11, 2024, No. 554, economic projects are financed through OJSC "State Financial Holding" (formerly known as the Financial and Credit Fund under the Ministry of Finance) in the form of budget loans with an interest rate of 2% per annum.
As of the end of the first nine months of 2025:
OJSC "State Financial Holding" approved 184 economic projects totaling 915.3 million soms, of which 128 projects were financed for a total of 595.7 million soms.
For comparison:
- In 2024, 38 projects were implemented for a total of 165.8 million soms;
- In 2023, 34 projects were implemented for a total of 146.1 million soms.
