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IBC Head speaks at a meeting of Kyrgyz President with business representatives

May 11, 2020

Executive Director of the International Business Council (IBC) voiced proposals for the restoration and development of the country's economy at a meeting of President Sooronbai Jeenbekov with business representatives

On May 11, 2020, President of the Kyrgyz Republic Sooronbai Jeenbekov met with representatives of business associations of the country to discuss post-crisis recovery of economic activity in the country.

Business understands the current situation and wants to help the government in solving emerging problems, IBC Executive Director Askar Sydykov said.

“This crisis is an opportunity for all of us to come together and carry out quick reforms that are difficult to implement in normal times,” he added.

Askar Sydykov made a number of recommendations on the most important short-term and medium-term measures. The full list of the IBC recommendations was sent to the Government of the Kyrgyz Republic in March and April. You can find the on the ibc website:

The meeting was attended by Deputy Prime Minister Erkin Asrandiev, Economy Minister Sanjar Mukanbetov, and heads of government agencies and business associations of the Kyrgyz Republic.

The country's business ombudsman, Robin Ord-Smith, emphasized the need for effective decisions to improve the situation, and noted the importance of informing the public about current events and observing all sanitary and quarantine rules by citizens.

Talaybek Koichumanov, Head of the Secretariat of the Business Development and Investment Council under the Government, said about the need to enhance dialogue between the government and business.

Summing up the meeting, President Sooronbai Jeenbekov recommended that the Government actively involve the business sector in the process of developing short-term and long-term anti-crisis programs.