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ALMATY (TCA) — A council to attract investors has been created in Kazakhstan’s largest city, Almaty. The resolution on the council’s establishment was signed by Almaty Mayor Bauyrzhan Baibek, Novosti-Kazakhstan news agency reported.
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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.
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BISHKEK (TCA) — Turkish importers will buy beans grown in Kyrgyzstan’s Talas province for 33-35 soms per kilogram ($1=76 soms), the Kyrgyz Agriculture Ministry said. Currently, the price is 20-28 soms.
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ASTANA (TCA) — On the sidelines of the World Economic Forum in Davos, Switzerland, on January 21 the Government of Kazakhstan, jointly with the World Bank, held a round table to discuss the ongoing reforms to improve the business climate in Kazakhstan, the World Bank reported.
ALMATY (TCA) — State officials in oil crisis-hit Kazakhstan have discovered a $20 billion hole on the balance sheet of the National Wealth Fund. Should the state funds be spent this way on, the state coffers will be empty before the end of this decade. A political crisis is looming. In a move to avoid it, the Parliament has applied for snap elections to be held as early as March this year.
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BISHKEK (TCA) — On January 22, President of Kyrgyzstan Almazbek Atambayev signed laws on denunciation of agreements between the governments of Kyrgyzstan and Russia on construction and operation of Kambarata-1 hydropower plant (HPP) and the Upper Naryn HPPs cascade. The agreements were signed on September 20, 2012 in Bishkek during the visit of Russian President Vladimir Putin to Kyrgyzstan.
