Prime Minister of Kyrgyzstan Temir Sariev was asked to assess the management of the Russian-Kyrgyz Development Fund. Letter with the corresponding request was sent to the government. This was stated by deputy of the Parliament of the KR Askarbek Shadiev (Bir Bol), speaking at the session of the Parliament.
He reminded that this is the outcome of the meeting of the Committee on Budget and Finance of the Parliament, which he heads. "According to the protocol instructions of Parliament, our committee considered the activities of the Russian-Kyrgyz Development Fund, having asked them for information and invited the fund management committee at the meeting. Unfortunately, the information provided on the half of the page doesn't reflect the present state of affairs, because this information is freely available on the Internet. In addition, it was reported that $265 million out of $350 million was sent back to Russia by holding them in the banks just at 4 percent. Was it impossible to make the money work for our economy?" the deputy wondered.
Deputy noted that the President of the Kyrgyz Republic Almazbek Atambayev made a big contribution to the establishment of a fund. "But 75 percent of the funds that should be directed to the development of Kyrgyzstan are in another state. Therefore, our committee gave conclusion and asked the government to evaluate the performance of the fund's management," Askarbek Shadiev concluded, adding that the Cabinet must necessarily submit its response to the Parliament.