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ASTANA (TCA) — The European Bank for Reconstruction and Development (EBRD), a key international investor in Kazakhstan, is providing support to the national energy company, Samruk-Energy, as it embarks on an ambitious programme of privatisation in line with the strategy of its parent holding, the sovereign wealth fund Samruk-Kazyna, the Bank said on December 12. Continue reading
BISHKEK (TCA) — On December 12, National Literature Day, U.S. Ambassador to the Kyrgyz Republic Sheila Gwaltney announced USAID's donation of over 264,000 books that will be distributed among all Kyrgyz-language public primary schools. Each Kyrgyz-language public primary school will receive a set of 123 Kyrgyz language books featuring tales, stories, riddles, and poetry tailored to the needs of early readers, the U.S. Embassy said. Continue reading
ASHGABAT (TCA) — Turkmenistan’s economic growth has slowed down as a result of external factors, although domestic non-hydrocarbon growth has been supported by credit and structural policies in support of diversification, Mr. Martin Sommer, head of an International Monetary Fund (IMF) mission which visited Ashgabat early in December, said in a statement. Continue reading
ASTANA (TCA) — A Chinese investor plans to spend US $2 million for construction of an ore enrichment plant in Kentau in the South Kazakhstan Region. Continue reading
ASTANA (TCA) — At the Government meeting on December 12, Kazakhstan’s Minister of National Economy Kuandyk Bishimbayev said that the new program’s priorities are the support of mortgage lending through mortgage loans subsidies and encouragement of private developers to increase construction of new housing, the official website of the Prime Minister of Kazakhstan reported. Continue reading
TASHKENT (TCA) — Uzbekistan's leading Liberal Democratic Party has nominated Abdulla Aripov to be the country’s prime minister. Continue reading