• KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09234 0.22%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09234 0.22%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09234 0.22%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09234 0.22%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09234 0.22%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09234 0.22%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09234 0.22%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01134 0%
  • KZT/USD = 0.00225 0%
  • TJS/USD = 0.09234 0.22%
  • UZS/USD = 0.00008 0%

Viewing results 49 - 54 of 94

Uzbekistan to Raise Energy Prices for First Time in Five Years

Electricity and natural gas tariffs in Uzbekistan will increase from May 1, and social consumption quotas will also be established. The price increase will be the first since August 2019. The quota for electricity use was defined up to 200 kWh per month, for gas -- from March to October -- up to 100 cubic meters, and from November to February, up to 500 cubic meters. The authorities attribute the price increase to inflation, which has cumulatively reached 66% over the past five years. At the same time, most energy companies are suffering severe losses, with state company JSC Thermal Power Plants reporting losses of 1.6 trillion sum ($125 million). The Uzbek government has announced assistance to the vulnerable in the form of raising the official poverty line, pensions and allowances. "About $80 million has been allocated from the state budget to support low-income families. These funds have clear sources and will be allocated in a timely manner and without any delays," Economy and Finance Ministry spokesman Khurshed Mustafayev said.

No Lessons Being Learned From Kazakh Floods, Says Political Analyst

Kazakhstan has been prone to flooding before, but the 2024 Kazakh floods have added a catastrophic page to the chronicles. Political analyst Marat Shibutov tells The Times of Central Asia that only extremely tough measures can motivate ministers and akims (local government executive) to actually work on flood prevention.   The Floods Have Not Yet Peaked Areas and homes in many regions of Kazakhstan -- Atyrau, West Kazakhstan, Aktobe, Akmola, Kostanay, East Kazakhstan, North Kazakhstan and Pavlodar -- remain flooded. According to the Ministry of Emergency Situations, more than 113,000 people have been evacuated from the various disaster zones. The threat of another destructive wave of surface water still remains for major cities, even high-rise buildings are battling high in water in Atyrau, Petropavlovsk and Kostanay. Kazakh president Kasym-Jomart Tokayev has already visited the affected regions several times. According to local reports, people are now concerned not with punishing those responsible, but with paying fair compensation for lost housing, farms and livestock, and, most importantly, with creating an effective flood control system. In particular, residents of dacha (detached suburban) houses in Uralsk blocked the highway, demanding that the akim of the city include them in the list of those to be paid. If more floods occur it will be impossible to live in flood-prone areas. The only alternative is a radical revision of the requirements for residential zoning protective measures. Tokayev spoke about the responsibility for breached and unfinished dams and dikes, as well as the overlooked forecasts made by meteorologists about increased snowmelt and the threat of flooding not only from rivers, but also from the steppes in late March. For the lack of timely flood control measures, he announced a harsh reprimand to First Deputy Prime Minister Roman Sklyar and Minister of Water Resources and Irrigation Nurzhan Nurzhigitov. Local administrators weren't spared either, with harsh reprimands and warnings for incomplete official compliance to the akims of Aktobe, Kostanay and West Kazakhstan regions -- and a harsh reprimand to the akims of Atyrau, Akmola, Almaty, Pavlodar and Abay regions. According to official data from the Ministry of Emergency Situations, in 2024 to date seven billion tenge ($15.5 million) have been allocated just to local executive bodies for flood mitigation activities. In March 2024, 66 billion tenge ($147 million) was allocated to carry out work relating to combating emergency situations. From 2019 to 2023, the Emergency Situations Ministry's expenditures increased almost fourfold, to 264 billion tenge ($588 million). Over the past five years, over 762 billion tenge ($1.7 billion) has been allocated from the national budget. What exactly those funds were towards remains an open question -- possibly as part of ongoing criminal cases.   Disasters of the Past It's not the first time that high water has caused irreparable damage in Kazakhstan. In Uralsk they still talk about a serious flood in 1942. In early May, the water level in the Urals reached 943 centimeters, and a 9-point storm raged on the river. Over 500 families were evacuated from...

State Mortgages in Kyrgyzstan Can Now Be Obtained Without Credit History

On April 15, a law introducing a mechanism called "Shared Housing Construction" within the framework of the program, "My House 2021-2026" came into force in Kyrgyzstan. The program, as defined by the State Mortgage Company (SMC) of Kyrgyzstan, is available to all citizens. According to authorities, Kyrgyz citizens should be able to participate in collective housing developments without risks. According to the new program, citizens can apply for state mortgages without possessing a bank credit history in the country. Furthermore, those wishing to take out a mortgage will not have their incomes checked and will not have to submit to a work history. "Until today, one of the problems of housing provision [for] citizens in the republic was the lack of a state mechanism of equity financing of housing construction. In this regard, President Sadyr Japarov on January 30 this year signed a decree 'On measures to further improve the mechanisms of housing provision and construction of housing for citizens of the Kyrgyz Republic in the field of state housing policy'" - reported the SMC's website. Loans under the program will be issued under certain conditions: the down-payment should be at least 50% of the cost of the housing, the mortgage can be taken for up to 15 years at 8% per annum. Residential mortgage issuance by commercial banks in Kyrgyzstan today operates on more stringent conditions. For example, the interest rate for borrowers starts at 20% with a down-payment of at least one-third of the value of the property. Earlier, Kyrgyz President Sadyr Japarov instructed the Cabinet of Ministers to determine the list of state-owned land plots to be transferred to the SMC.

Open Society to Close its Foundation in Kyrgyzstan, Citing Law on Foreign-Funded NGOs

The Open Society Foundations said it will close its national foundation in Kyrgyzstan after the country’s parliament passed a new law that tightens control over non-governmental groups that receive foreign funding. Open Society, which was founded by billionaire investor and philanthropist George Soros, said Monday that the law“imposes restrictive, broad, and ill-defined regulations” on internationally funded NGOs. The decision to pull out of Kyrgyzstan came two weeks after the country’s president, Sadyr Japarov, signed the law, saying more rigorous registration requirements and financial oversight would make non-governmental groups more accountable. The dispute between the government of Kyrgyzstan and foreign-funded groups represent a wider struggle over the direction of the Central Asian country. Opponents of Japarov believe he is systematically rolling back relative freedoms inKyrgyzstan. The president says local NGOS are embezzling money from foreign donors, an allegation denied by civil society groups. The Soros Foundation-Kyrgyzstan has spent more than $115 million on projects in education, public health, criminal justice, supplying water to rural communities and other areas since it opened in 1993, a year in which the Central Asian nation was mired in crisis after the fall of the Soviet Union, Open Society said. Under the new law, foreign-funded NGOs must “report broadly defined ‘political’ activities to the authorities” and risk uncertain consequences, Open Society said in a statement. Its president, Binaifer Nowrojee, said “this repressive new law will see civil society operate in a climate of uncertainty and intimidation.” The Open Society Foundations, which funds activities in more than 120 countries, says it aims to promote justice, human rights and democratic governance. It says it joins “policy debates on controversial issues that other funders might avoid” and the group has attracted criticism from conservative and authoritarian leaders in a number of countries. The United Nations has expressed concern about Kyrgyzstan’s so-called “foreign representatives” law. Jeremy Laurence, spokesperson for the UN High Commissioner for Human Rights, said on April 8 that many affected NGOs could close to avoid possible arbitrary checks by the authorities or having to pay for annual audits, or might end up self-censoring if they continue operations.

Uzbekistan Proposes Ban on E-Cigarettes

Uzbekistan is drafting a law banning the import, sale and production of electronic cigarettes and tobacco heating systems. The bill has been published on the regulation.gov.uz portal and its discussion will last until April 18, The Times of Central Asia has learned. The draft law mentions that over the past seven years, "modern" or "innovative" types of nicotine and tobacco products have appeared in Uzbekistan. The result is a dramatic increase in the number of smokers -- especially among children and young adults. According to an explanatory addendum to the bill, interest in e-cigarettes is skyrocketing among high school students. The number of devices seized from students during raids in schools and public places has increased every year since the government has been keeping track. There were six cases in 2019, 27 in 2020, 31 in 2021, 856 in 2022, and 1,040 in 2023. Among the 18-29 year old population, the use of tobacco heating systems is more than 2.5 times higher than in the 30-69 year old population. Unless action is taken, the bill states that one in five young people will suffer from nicotine addiction in the future. "This law prohibits the circulation of electronic nicotine delivery systems, liquids for them, and electronic cigarettes on the territory of the republic," the bill says. Once passed, Uzbek e-cigarette smokers will face heavy fines and criminal liability for breaking the new law.

Turkmenistan Stops Selling Tickets to Russia for Migrant Laborers

In a number of regions of Turkmenistan, the sale of air tickets to citizens who have received an official offer to work in Russia has been suspended, according to news portal Turkmen.news. The halting of ticket sales is related to the terrorist attack on the Crocus City Hall near Moscow on March 22 of this year. Following the attack on March 22, the departure of labor migrants from Turkmenistan to Russia suddenly stopped. Those who have received invitations to work and applied for visas have learned that they cannot purchase tickets for the time being. Recently, twelve undocumented workers from Turkmenistan, who worked in one of the markets in Domodedovo near Moscow, were arrested. Four were released after being fined, and eight were transferred to a special detention center in the city of Yegoryevsk, Moscow region, for deportation. According to Chronicles Turkmenistan, there are 47 citizens of Turkmenistan being held at a pre-trial detention center in Vidnoye who are awaiting deportation. The Ministry of Foreign Affairs of Turkmenistan and the Russian Government has begun discussing the possibility of suspending the issuance of visas for Turkmens for at least one and a half years. An exception will be made only for diplomats and representatives of large businesses, according to a report.

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