Switzerland supports future leaders of Central Asia

BISHKEK (TCA) — The Embassy of Switzerland in the Kyrgyz Republic has allocated CHF 200,000 (more than 14 million Kyrgyz soms) to the OSCE Academy in Bishkek to provide high-quality education to a young generation of future leaders of Central Asia, the Swiss Embassy said on May 6.

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Times of Central Asia

Central Asia battered by external shocks — IMF

BISHKEK (TCA) — Economic growth has slowed to a two-decade low in the Caucasus and Central Asia (CCA) region, owing to the large and sustained decline in commodity prices, wide-ranging spillovers from Russia’s recession, and the slowdown and rebalancing of China’s economy, says the IMF Regional Economic Outlook April 2016 for Middle East and Central Asia.

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Times of Central Asia

Real per capita income falls by 24 percent in Tajikistan — survey

DUSHANBE (TCA) — During the period of November 2015-March 2016, average per capita real income in Tajikistan fell across all subgroups (urban, rural, bottom 40 percent, and top 60 percent of the population), resulting primarily from declining remittances, and reduced self-employment and agricultural income over the winter season, according to the World Bank Listening2Tajikistan Survey of Wellbeing. Since November 2015, average real per capita income fell by about 24 percent, but climbed slightly for the bottom 40 percent of the population between January and March.

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Times of Central Asia