ASTANA (TCA) — Moody’s Investors Service on May 9 said that Kazakhstan’s Baa3 rating is supported by the country’s relatively high wealth levels, low public debt and high debt affordability, as well as sizable fiscal reserves held in foreign exchange, providing a significant buffer against the negative fiscal and balance of payments impact of lower oil prices.
ASTANA (TCA) — Kazakhstan and China have signed $2 billion in deals during a visit by the Communist Party chief of China’s westernmost Xinjiang Uyghur Autonomous Region to Kazakhstan, RFE/RL reported citing Chinese media.
TEHRAN (TCA) — Iran’s President Hassan Rouhani says Iran and Turkmenistan need to strengthen cooperation in establishing regional peace and stability and fighting terrorism, extremism and drugs trafficking, Iran’s PressTV news agency reported.
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).
BISHKEK (TCA) — The Times of Central Asia presents to its readers Stratfor’s Global Intelligence, a weekly review of the most important events that happened in the world — from Europe to Middle East to Russia to Central Asia to Afghanistan to China and the Americas.
BISHKEK (TCA) — Prime Minister of Kyrgyzstan Sooronbai Jeenbekov invited members of the delegation of the UN agencies’ Executive Councils to take part in the opening ceremony of the Second World Nomad Games to be held this September at Kyrgyzstan’s Lake Issyk-Kul. The high-profile UN delegation visited Kyrgyzstan on May 2-7.
