18:45, 08 April 2009 | GMT +5
Kyrgyzstan joins EurAsEC Anti-Crisis Fund
BISHKEK. April 8. KAZINFORM /Vladimir Dobrovolsky/ Kyrgyzstan Minister of Finance Marat Sultanov has announced accession of Kyrgyzstan to the EurAsEC Anti-Crisis Fund at a press conference following the results of a meeting of finance ministers of the EurAsEC member-states in Russia; Kazinform reports.
According to M.Sultanov, the Anti-Crisis Fund initiated by Russia will form about USD 10 bln. The contribution of Russia will make up USD 8 bln. The Kyrgyz Minister informed that these resources would be spent to support the countries with weak economy in the crisis period.
According to M.Sultanov, contribution of Kyrgyzstan to the Fund will amount to USD 1 mln and can be increased in future.