Product Description
SCWPM.#7 - TBB.#B204aDate: ND (1994) - Grade: Unc. - Signature: 1
Description: Colour: Yellow and brown.
Front: Composer Abdylas Maldybaev. -Back: Komuz and kylkyak, Kyrgyz musical instruments; Kyrgyz State Philharmonic Hall building.
Solid security thread with printed КЫРГЫЗ БАНКЫ.
Watermark: Toktogul Satylganov. -Printer: Th. de La Rue (TDLR)
Size: 135 x 65 mm. - material: Paper.
General information: КЫРГЫЗ БАНКЫ (Kyrgyz Bank)
The National Bank of the Kyrgyz Republic serves as the Central bank of Kyrgyzstan. Kyrgyzstan was the second poorest country in the former Soviet Union, and is today the second poorest country in Central Asia. According to the CIA World Factbook, in 2011, a third of the country's population lived below the poverty line.
According to UNDP, the level of poverty will continue to grow: in 2009 31% of the population lived below the poverty level while in 2011 this figure rose to 37%. Despite the backing of major Western lenders, including the International Monetary Fund (IMF), the World Bank and the Asian Development Bank, Kyrgyzstan has had economic difficulties following independence. Initially, these were a result of the breakup of the Soviet trading bloc and resulting loss of markets, which impeded the republic's transition to a demand economy.
Source: The Banknotebook.
