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Russia Gives Kyrgyzstan $30M Lifeline

Kyrgyz President Almazbek Atambayev meets with his Russian counterpart, Vladimir Putin, in Moscow on March 2, 2016.

Russia has thrown Kyrgyzstan a bone — albeit not a particularly large one — in the form a $30 million grant to help cover budget shortfalls.

Economic news website Tazabek cited Kyrgyzstan’s presidential administration on March 6 as saying the money would go in part toward completing construction of social housing for military and police personnel. 

News of the pledged assistance followed a meeting between President Almazbek Atambayev and his Russian counterpart, Vladimir Putin, in Moscow on March 2.

Atambayev’s working visit was transparently motivated by a desire on both sides to seek clarity about the state of bilateral relations, which have been tested by the failure of Russian companies to complete essential energy-related projects in Kyrgyzstan.

Putin spoke reassuringly.

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Russia Gives Kyrgyzstan $30M Lifeline

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