$ 1 billion for cash now of course to Kyrgyzstan

Violence in Kyrgyzstan has caused the country to lose tons a money, created around 400,000 refugees, and caused many deaths. The nation’s move toward parliamentary democracy – which has emboldened supporters of overthrown previous President Kurmanbek Bakiyev and militants from Uzbekistan – has been at the center of clashes between armed troops and civilian protesters. Kyrgyzstan has been trying to recuperate now the fighting is stopping. There is no more money available as reported by Reuters. Resource for this article – Donors grant Kyrgyzstan more than $ 1 billion in emergency aid by Personal Money Store.

International donors will give Kyrgyzstan $ 1.1 billion instant cash to Kyrgyzstan from donors

Bishkek, Kyrgyzstan’s capital city, was where a conference was help in which $ 600 million in instant fast cash was donated in 2010, and also the rest can be coming in 2011. Acting President Roza Otunbayeva encouraged donors and representatives from the World Bank and United Nations with a promise the nation will find the necessary resources to rebuild. This can be a perfect time considering the nation shrunk 5 percent with the violence. Kyrgyzstan needed money and donors will give it to them.

More than $ 1 billion needed to work on buildings alone

Kyrgyzstan’s budget deficit plunged to an estimated 13.5 percent of its gross domestic product, according to Reuters. Once Bakiyev was overthrown, the total deficit jumped from $ 269 million to $ 619 million, per acting Kyrgyzstan Finance Minister Chorobek Imashev. The economy needs $ 100 million to restart the economy with $ 350 million needed to build settlements in Osh and Jalalabad, explains President Orunbayeva. Fixing energy costs $ 180 million and fixing agriculture can be $ 50 million. $ 1.1 billion could be needed if we want to help stabilize a nation in chaos.

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Reuters
ca.reuters.com/article/topNews/idCATRE66Q31F20100727
Chaos in Kyrgyzstan (WARNING – Some violent images may be disturbing)
youtube.com/watch?v=0L1srqYLnu8