SOE reform

On 10 February 2022, the SOE Technical Note – integrated SOE Framework (iSOEF) was presented in a virtual workshop to the Kyrgyz Government. Building on the initial workshop in 2020 and taking into account the Government’s comments, final iSOEF Assessment analyzes the impact of the Kyrgyz State-owned Enterprises (SOEs) on the economy, assesses fiscal costs and risks stemming from SOEs focusing on the energy sector, and analyzes corporate governance and financial reporting frameworks, practices applied by the Kyrgyz SOEs.

On June 12, 2018, the World Bank organized its final Workshop in Baku under the ongoing technical assistance project aimed at improving governance and transparency of State-Owned Enterprises (SOEs). The Workshop was organized jointly with the Azerbaijan State Committee on Property Issues (SCPI), and convened the main in-country stakeholders engaged in SOE oversight, providing a platform to present a new SOE financial monitoring tool, developed with World Bank assistance.