Kyrgyzstan's External Debt and Its Conversion

Published on 01 Mar 2010
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About the publication

This publication is an attempt to present a review of the UNDP Capacity Building and Environmental Governance Strengthening for Sustainable Development project activity that is being implemented within the framework of the UNDP new country programme in the Kyrgyz Republic for 2005-2010.

Within this review the Kyrgyz Government’s efforts have been summarized, which can be useful for other countries with transition economies, and considered as a financial tool for sustainable development of countries with limited resources. Numerous consultations and a top level dialogue, the search for synergy between the initiatives of UNDP and other donors at national and global levels made it possible to activate this innovative mechanism and consider it as one of the priorities in achieving the Millennium Development Goals and CDF by 2010.

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