Kyrgyz Republic, April 18 -- The World Bank's Board of Executive Directors approved $120 million for Developing a Sustainable Finance Market for Micro, Small, and Medium Enterprises (MSMEs) in the Kyrgyz Republic project. This landmark initiative will be co-financed by a $50 million loan from the Asian Infrastructure Investment Bank (AIIB), reflecting a strong partnership to catalyze sustainable economic growth in the Kyrgyz Republic. With a total funding of $170 million, the project aims to advance green finance, mobilize private capital, and strengthen the capacity of local financial institutions. The project will focus on two key areas:Sustainable Finance for MSMEs: This component will i) provide wholesale financing through Participating...