• KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01143 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10684 -0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

Viewing results 205 - 210 of 1717

The Dental Mafia in Kazakhstan: How Pension Funds Were Siphoned Off

Kazakhstan’s Financial Monitoring Agency (FMA) is continuing its investigation into one of the country’s most high-profile financial crimes in recent years: the large-scale embezzlement of pension savings through fictitious dental services. Authorities allege that millions of dollars were siphoned from the Unified Accumulative Pension Fund (UAPF) via a sprawling criminal scheme involving dozens of dental clinics. According to the FMA, the investigation is ongoing and centers on clinic managers and their accomplices. The alleged scheme involved the withdrawal of pension savings from the UAPF through formal contracts for dental procedures, backed by forged medical documents. “For such ‘assistance,’ the organizers of the scheme received illegal remuneration amounting to 10% to 20% of the withdrawn funds,” the agency said. In total, 42 dental clinics are implicated. Investigators estimate that more than $390 million was illicitly funneled through these entities. The funds were reportedly used to acquire luxury real estate and other high-value assets, as well as to open new dental clinics registered under front persons to obscure the identities of the real beneficiaries. Some of the fabricated diagnoses were blatantly implausible. In one instance, a 21-year-old was diagnosed with “complete edentulism” (total tooth loss) and simultaneously prescribed both teeth cleaning and braces. In response to the violations uncovered, Kazakhstan suspended the use of pension savings to pay for dental services as of September 15, 2025. The measure, though temporary, signals a tightening of regulatory oversight amid public outcry. The program allowing partial use of pension savings for medical services was first introduced in 2021. It enabled citizens to access funds exceeding the so-called “sufficiency threshold” to pay for treatments, including expensive dental procedures such as prosthetics and implants.

Nestlé Recalls Batches of Infant Formula in Uzbekistan and Kazakhstan

Nestlé has initiated a voluntary recall of limited batches of infant formula in Uzbekistan due to a potential contamination risk involving one of the product’s ingredients supplied by an external vendor. The decision, described as precautionary, was announced by Nestlé Food LLC, the company’s local subsidiary. The recall affects select batches of dry instant milk and fermented milk-based formulas, as well as certain amino acid-based products intended for infants on specialized medical diets. The affected items include NAN 1 OPTIPRO, NAN 2 OPTIPRO, NAN Kislomolochniy (for infants up to 12 months), NAN Supreme (same age group), and ALFARÉ Amino. Nestlé Food LLC clarified that the recall applies only to the specified batches and does not impact other infant nutrition products sold in Uzbekistan. The company said the action follows a global recall initiated after a potential contamination with cereulide toxin was identified in arachidonic acid sourced from an external supplier. Although the quantity of this ingredient is minimal and Uzbekistan does not impose regulatory limits for cereulide in food products, Nestlé opted for a voluntary recall to mitigate any possible risk. The recall process began in Uzbekistan on January 5, 2026. Nestlé Food LLC confirmed it has informed local regulators and is prepared to provide comprehensive information to authorities, consumers, and retail partners. Consumers who purchased products from the affected batches can return them according to company-issued procedures. Customer support services are available to assist with the process. Similar precautionary measures have been announced in Kazakhstan. There, Nestlé is also recalling a limited number of infant food products, including dry and sour-milk formulas, as well as amino acid-based dietary items. The company explained that cereulide is a toxin produced by the bacterium Bacillus cereus. It is particularly hazardous because it cannot be destroyed by boiling or reheating. Exposure to cereulide can cause acute food poisoning, with symptoms including nausea, vomiting, and abdominal pain. The issue is not confined to Central Asia. Reuters reported that Nestlé has also recalled certain batches of its SMA, BEBA, and NAN infant formulas across parts of Europe due to the same contamination risk. Nestlé emphasized that consumer health and safety remain its highest priority. The company stated that the recall is a precautionary step aligned with its global quality and safety standards, and that no confirmed cases of harm have been reported to date.

Uzbekistan Targets 85% Drinking Water Access by 2030

Uzbekistan aims to provide 85% of its population with access to drinking water services by 2030, according to a draft strategy prepared by the Agency for Strategic Reforms under the President of Uzbekistan. The proposal forms part of a broader development roadmap focused on sustaining reform momentum and advancing national priorities through the end of the decade. The document outlines a gradual increase in drinking water coverage: 82% by 2026, 83% in 2027, 84% in 2028 and 2029, and reaching 85% by 2030. Officials say the targets reflect a long-term effort to modernize water infrastructure and improve living conditions in both urban and rural communities. The strategy also prioritizes public institutions. Authorities plan to ensure that, by 2030, all preschools and general secondary schools will have access to clean drinking water and be equipped with modern sanitation and hygiene systems. The focus aligns with national concerns over public health and the learning environment for children. The draft includes measures to enhance the efficiency of water use nationwide. Uzbekistan aims to boost water-use efficiency by 25%, ensure 100% metering of drinking water consumers, and reduce critically affected groundwater areas to 773,400 hectares. The government is also pursuing major infrastructure and agricultural initiatives. A key component is the planned expansion of the Tuyamuyun water reservoir’s capacity by 1 billion cubic meters. The project is expected to secure water supply for 1.2 million hectares of land, build strategic reserves of drinking water, and improve resilience to drought and shortages. Additionally, the plan promotes the cultivation of drought-resistant crops and high-yield varieties of fruits and grapes tailored to Uzbekistan’s climate, with the goal of increasing agricultural productivity by 30-35%. The renewed emphasis on water management comes as Uzbekistan faces mounting pressure on its water resources. Earlier, Energy Minister Jurabek Mirzamahmudov informed lawmakers in the Legislative Chamber of the country's parliament, the Oliy Majlis, that electricity generation at the country’s hydropower plants had dropped sharply due to water scarcity. According to him, inflows to major hydropower facilities had fallen by 35% compared with the previous year, significantly impacting power output.

Turkmen Pensioners Decry Government’s Refusal to Index Payments

The Turkmen government's decision to forgo its customary annual increase in pensions and benefits in 2026 has sparked sharp discontent among elderly citizens. Pensioners, arriving to have their documents updated for the year, have discovered that payment amounts remain unchanged and many are not hiding their anger.  Since January 2, retirees have been visiting social security offices where pension amounts are officially recorded in their books. In previous years, this annual procedure was typically accompanied by an indexation of around 10%, helping to offset inflation and rising prices. That practice has been discontinued. Pension and social benefit levels remain frozen, despite the ongoing increase in living costs. The decision not to index pensions was announced in autumn 2025 during a parliamentary session, where honorary elder Yazmyrat Atamyradov proposed a complete halt to increases in salaries, pensions, state benefits, and scholarships. He claimed the “happy people” of Turkmenistan already enjoy a steadily improving standard of living, making additional financial support unnecessary. The response from the public has been stark. Pensioners are openly criticizing the government and President Serdar Berdimuhamedov, not only in social services offices but also in markets, on public transport, and in other public places. Many older citizens recall a similarly severe decision under the country’s first president, Saparmurat Niyazov, when pensions were abolished entirely. Witnesses from that time report that some elderly individuals, left without support, were pushed to the brink of survival. The current cost-of-living crisis has exacerbated the backlash. Over the past year, food prices have surged. Beef has risen from $17.40-$20.30 to $31.90-$33.40 per kilogram, and local apples have jumped from $4.35 to $7.69 per kilogram. As of January 1, 2025, the minimum pension in Turkmenistan was set at $159.50. That figure remains unchanged in 2026, despite the deepening economic pressures faced by retirees.

Kyrgyzstan Urged to Shift from Rural Focus to Urban Development

Kyrgyzstan must develop modern urban infrastructure and gradually move away from its predominantly rural development model, according to Nurdan Oruntayev, Director of the State Agency for Architecture, Construction, and Housing and Utilities. Speaking to local media, Oruntayev emphasized the need for a strategic transition toward urbanization to drive economic growth and job creation. Master plans for the development of the towns of Karakol, Manas, and Osh have already been approved. These include the construction of high-rise residential buildings, signaling a broader shift toward urban expansion. “We must develop cities and move toward an urban infrastructure system. We must have megacities. The construction industry makes a significant contribution to the economy and provides jobs for many citizens,” Oruntayev said. He noted that the average annual growth in real estate prices in Kyrgyzstan ranges between 20-30 percent, reflecting strong demand and rising investor interest. According to official data, construction has been a primary driver of economic growth in recent years, with GDP growth consistently exceeding 10 percent. However, this rapid development has raised concerns among local communities. In an interview with the Times of Central Asia, Albina Alimova, a tour guide from Karakol, criticized the city’s master plan for ignoring input from the tourism sector, despite tourism being a key regional revenue source. She warned that unchecked construction was compromising the city’s historical character. “New buildings are blocking historic sites and views. Karakol has streets with late 19th-century stonework, old merchant houses, and a museum. We take tourists there, in part for the mountain views. But all of this is gradually being built up, and the city's former appearance may be lost,” she said. Similar concerns have emerged in Bishkek, where city authorities are preparing a renovation program that would replace older buildings with high-rise developments. Residents say the city’s growing density has disrupted natural wind patterns and worsened environmental conditions. The capital’s master plan, developed with input from St. Petersburg-based urban planners, also flagged excessive building density in some districts as a key issue.

Uzbek Defender Abdukodir Khusanov Named Asia’s Best Young Footballer of 2025

Abdukodir Khusanov, central defender for the Uzbekistan national team and Manchester City, has been named Asia’s Best Young Footballer of 2025 by football outlet Goalpost, marking a major milestone in the meteoric rise of the 21-year-old. The past year has been a breakthrough period for Khusanov. In January, he made history as the first footballer from Uzbekistan to debut in the English Premier League, following his transfer to Manchester City. Since then, he has steadily earned playing time at one of Europe’s top clubs, making nine appearances for the Manchester side this season. Khusanov’s impact has extended beyond club football. In June, he played a pivotal role in securing Uzbekistan’s qualification for the FIFA World Cup, a landmark achievement for the national team. His performances at both domestic and international levels propelled him to the top of Goalpost’s rankings, ahead of emerging talents from Australia, Indonesia, South Korea, Iraq, and other Asian nations. His international recognition continues to grow. Khusanov was recently ranked 86th in The Athletic’s list of the world’s top 100 footballers, underscoring his expanding global profile. Interest from Europe’s elite clubs is also mounting. In December, reports emerged that Real Madrid is considering Khusanov for a mid-season loan, viewing him as a potential short-term solution to its defensive injury crisis. The Spanish club is said to value his physical presence and versatility, particularly his ability to play in several defensive positions.