The annual meeting of the Board of Governors of the Turkic Investment Fund (TIF) took place in Bishkek, where member states reviewed the institution’s performance for 2024, including its annual activity summary and audited financial report.
During the session, the Board approved granting the Fund preferred creditor status—a decision expected to strengthen TIF’s institutional standing and enhance the stability of its project financing. The governors also adopted updated procedural rules that will guide the Board’s future operations.
Kazakhstan was represented at the meeting by Deputy Minister of Finance and the country’s Alternate Governor, Dauren Kenbeil.
Established to promote economic cooperation and trade among Turkic nations, the Turkic Investment Fund brings together Azerbaijan, Hungary, Kazakhstan, Kyrgyzstan, Türkiye, and Uzbekistan.
Kazakhstan’s participation once again underscores its commitment to deepening economic ties within the Turkic world.
