OREANDA-NEWS. In Bishkek the International Conference has begun the project "The path of transition and the road to the future" based on the experience of the countries of the Caucasus and Central Asia (CCA).

The organizers are the International Monetary Fund, the European Bank for Reconstruction and Development, the State Secretariat for Economic Affairs of Switzerland (SECO) and the National Bank of the Kyrgyz Republic.

The conference was attended by senior representatives of the IMF, the EBRD, SECO, the World Bank, the Commonwealth and the European Union, as well as Moldova, the Netherlands, Poland, the USA, Turkey, Estonia, Japan, leading scientists, managers and employees of international organizations, representatives of government our country's scientific and educational institutions, the financial sector.

Kyrgyz side is represented by First Deputy Prime Minister of the Kyrgyz Republic D.Otorbaev, Chairman of the National Bank Z. Asankozhoeva, Economy Minister KR T. Sariev and other representatives of the state authorities of the Kyrgyz Republic.

The salutatory word to participants of conference was passed by President Almazbek Atambaev. Prime Minister Zhantoro Satybaldiev has made a welcome speech. Participants of conference were also addressed by the Deputy Managing Director of IMF Mr. Min Zhu.

Keynote address: "The costs and risks of incomplete transition. What makes a successful economy!" present Professor Gerard Roland, University of California, Berkeley.

The aim of the Conference is to share the experiences and lessons of two decades of post-Soviet transition in the countries of the Caucasus and Central Asia (CCA) and the priorities and challenges in the area of policy for the future. The IMF will focus its attention on issues of stability, growth, volatility and diversification, and the Bank will consider the participation of the private sector. The World Bank will offer to discuss the issues of growth, human capital and infrastructure investments.

The conference will comprise four sessions: "The path of transition", "Challenges and priorities for the future", "Macroeconomic policies to promote growth" and "Structural reforms to promote growth.