01 Sep 2004 - 01 Jun 2005
Advisory, Eastern Europe, Caucasus and Central Asia, Kyrgyzstan, Macroeconomics and macroeconomic policy, Post-communist transition and development issues

Pre-feasibility analysis, project pipelines and institutional support for debt for environment swap in the Kyrgyz Republic


The project sponsored by OECD and carried out by a team of CASE and CASE Kyrgyzstan experts (Michal Wilczynski, Malgorzata Markiewicz and Roman Mogilevskiy). The project aim was to assist the Government of Kyrgyz Republic in analyzing opportunities and challenges for swapping external debt service for domestic financing of environmental projects. The outputs of the project consisted of practical tools, which the Government of the Kyrgyz Republic could use to make strategic decisions within the country involving the parliament and the public, and eventually to support negotiations on the debt-for-environment swaps with potential creditors/donors. The experts conducted an analysis of the feasibility of swapping debt for environment, and analyzed and recommended the institutional set up for expenditures management. Project findings and recommendations for Kyrgyzstan were presented at a conference in Bishek on June 28, 2005.

Partner: CASE - Kyrgyzstan

Sponsor: OECD