US to Send Economic Aid, Kyrgyz Official says

The U.S. is planning to give “serious” economic aid to the provisional government that took over Kyrgyzstan after a violent and deadly uprising in early April, a high-level Kyrgyzstan official said, according to Business Week. Edil Baisalov, the provisional government’s chief of staff, did not specify the amount of the aid but said that it will be given as cash.

Earlier this week, Russia said it will provide USD50 million to the interim government.

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.