Kyrgyzstan’s growth to slow to about 3% in 2016 — IMF

BISHKEK (TCA) — The weak external environment is expected to persist in Kyrgyzstan in 2016, further slowing growth to about 3 percent, widening external and fiscal deficits and slowing credit to the country’s economy, said Edward Gemayel, the head of an International Monetary Fund (IMF) mission that visited Bishkek from April 21 to May 5 to conduct the second review under the Extended Credit Facility (ECF).

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Times of Central Asia

Afghanistan’s mining industry controlled by terrorists and gangs

OSH, Kyrgyzstan (TCA) — Precious metals and stones, along with ferrous and non-ferrous metals, worth according to some estimates up to 3 trillion dollars are waiting under Afghanistan’s soil to be exploited. But to do so appears to be a remote dream at best for mining entrepreneurs given what happens on the ground rather than beneath it, leaving mining activity to thugs and terrorists whose variety in Afghanistan is hardly less rich.

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Times of Central Asia

The places tourists must visit in Kazakhstan

ALMATY (TCA) — The Russian version of the National Geographic magazine recently compiled a list of natural wonders of Kazakhstan that are worth to be visited by tourists, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported on its website.  

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Times of Central Asia