IFC Improves Corporate Governance in Kyrgyz Republic and Tajikistan
OREANDA-NEWS. March 4, 2011. IFC, a member of the World Bank Group, and the
In addition to seminars, workshops and in-depth consultations, the project will also build the capacity of small and medium enterprises to manage risk and recover from the crisis. The project will also support government efforts to improve the legislative framework related to corporate governance, and help universities incorporate corporate governance into their curriculum.
“The UK Department for International Development sees the introduction of corporate governance standards in Central Asia as great value for money from
By 2015, this project could facilitate approximately USD 14 million of additional investments into the corporate and banking sectors of
“Good corporate governance is an important element of companies’ long-term growth, adding value to businesses and bringing them better performance,” said Caroline Bright, IFC Project Manager. “The project reflects IFC’s strategy to promote sustainable private sector investments in developing countries.”
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