The Development Fund plans to assign $150 million for different projects in 2010, Riffat Utyashev, the financial director of the Development Fund said at the Zhogorku Kenesh session on budget and finance on 16 March, 2010.
At least $50 million supposedly will be appropriated on construction of affordable housing and mortgaging. “We intend to build almost 50 thousand square meters of accommodations in Bishkek and Osh city, probably it will be a separate micro district”, Utyashev said.
Furthermore he told that $20 million is likely to be directed to realization of different industrial projects. “At this stage we consider around ten propositions”, he underlined.
The profiled committee accepted a decision on affirmation of outside auditor company Ernst & Young Kyrgyzstan to conduct an audit of The Kyrgyz Development Fund.
