20:26 28-11-2014
MAIN Russian
About us On-line subscription
KazakhstanTajikistanUzbekistanKyrgyzstanTurkmenistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
EDB to increase its charter capital up to $7 billion

Bishkek (AKIpress) - d70ac565765bbfb396633bc4253bbdc0 The Council of Eurasian Development Bank decided to increase the Bank’s charter capital to US $7 billion during the meeting in Moscow on July 3, the Bank's press release reads. 

The meeting was attended by the Ministers of Finance of Armenia, Kazakhstan, Russia, the Kyrgyz Republic, and the Republic of Tajikistan.

The ministers approved the new version of the EDB Strategy for 2013-2017,including the updated section on the macroeconomic situation in EDB member states. The main indicator of EDB performance will be the current investment portfolio, which is expected to reach at least US $4.7 billion by the end of 2017, as a result of the launching of new projects in 2013-2017to the tune of at least US $3.7 billion.

With respect to project activities, the Council approved the possibility to involve a third lender to finance the construction of Unit 3 at Ekibastuz GRES 2. The Council also discussed changes in the financing terms of the investment project to construct the railcar building plant in Tikhvin, Leningrad Region.

In addition, the Council approved the Management Board’s Annual Report for 2013, the Statement of Comprehensive Income, and the Statement of Financial Position of the Bank, with KPMG Audit’s report, as well as the Auditing Commission’s statement on the Management Board’s Annual Report and EDB’s financial statements for 2013.


Twitterfacebookprint
09:03 04.07.2014
LATEST NEWS
15:43 Trial against alleged IS recruiter starts in Uzbekistan: authorities15:13 Damu Fund approves business support program for processing industry14:52 Volcano in south Japan erupts, disrupting flights14:47 Former mayor of Osh City declared wanted14:31 Kyrgyz sportsman wins silver at 2014 World Grappling Championships in Moscow14:21 Vietnam could become first state to sign free trade zone deal with Eurasian Customs Union - Putin14:15 Nazarbayev, National Security Committee chairman discuss fight against terrorism and extremism14:08 Bishkek to host concert of Sofia Philharmonic Orchestra soloist13:58 Afghan suicide attack hits UK embassy car in Kabul13:48 President signs law on guaranteed transfer from Kazakhstan's National Fund in 2015-201713:41 President of Kazakhstan approves law on state budget 2015-201713:25 KazTransGas puts Zharkum deposit into trial operation13:12 Tajik security agency says it has revealed a group of students involved in Group 2413:00 Tajikistan, France discuss cooperation issues amid ISAF withdrawal from Afghanistan12:48 China overtakes Japan as world’s second-biggest stock market12:42 Tajik Ambassador to Slovakia presents his credentials to President Kiska12:29 USAID to hold several events in Kyrgyzstan to mark World AIDS Day12:22 Uzbekistan's art of wit Askiya included into UNESCO Representative List of Intangible Cultural Heritage11:47 Kyrgyzstan one of 7 world countries with highest HIV and AIDS growth rates – analysis11:35 OSCE Centre in Astana facilitates meeting on application of administrative sanctions
Astana
-19° C
Ashgabat
+6° C
Bishkek
-6° C
Dushanbe
+9° C
Tashkent
+1° C
exchange rates
 
71.88
57.58
9.40
1.21
225.58
180.87
29.46
3.79
6.31
5.08
0.83
0.11
3042.15
2388.25
390.42
56.91
3.55
2.85
0.46
0.06

© AKIpress News Agency - 2001-2014
Use of the AKIpress.com materials must be accompanied by a hyperlink to www.akipress.com
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75