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25.03.2025
THE EURASIAN FUND FOR STABILIZATION AND DEVELOPMENT WILL BECOME AN INDEPENDENT INTERNATIONAL FINANCIAL ORGANISATION

On March 18, 2025, the State Duma adopted a law on ratification of the Protocol on Amendments to the Treaty on the Establishment of the Eurasian Fund for Stabilization and Development. 

The Protocol provides for the transformation of the EFSD into a full-fledged independent international financial organisation providing financial support in the national currencies of the Fund's member states. New areas of activity for the EFSD are envisaged: 
- technical assistance to countries; 
- implementation of the international development assistance agenda, including through the creation of trust funds under the EFSD. 
The new administration structure of the Fund does not provide for the Eurasian Development Bank’s acting as a fund manager.

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