ALMATY (TCA) — Competition on the credit market in Kazakhstan is falling as 10 largest banks continue to account for over 80% of the market. However, Kazakhstan’s credit system is more competitive than in its Eurasian Economic Union partners — Russia and Belarus, Ranking.kz reports.
ASTANA (TCA) — Kazakhstan is to start exporting meat to China in the second half of this year, Deputy Agriculture Minister Gulmira Isayeva said at a recent briefing at the Ministry of Agriculture, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported on its website.
TASHKENT (TCA) — South Korea’s KT Corporation and Uzbekistan’s national energy company Uzbekenergo are launching a pilot project to introduce an automated electricity metering control system in three regions of Uzbekistan, the Jahon information agency reports.
Kyrgyzstan President Almazbek Atambayev speaks at the celebration of the country’s Independence Day on August 31. Ex-interim President Roza Otunbayeva (second right) stands on the stage for honorable guests (photo from the Bishkek municipality’s press service)
BISHKEK (TCA) — A quarter-century has passed since the memorable August 31, 1991, when Declaration of State Independence of Kyrgyzstan was adopted. That day ended a centuries-long history when the Kyrgyz people was deprived of its statehood, President of Kyrgyzstan Almazbek Atambayev said yesterday in Bishkek during the holiday events in honor of the 25th anniversary of the country’s independence.
Uzbekistan President Islam Karimov (official photo)
TASHKENT (TCA) — Amid official announcement of Uzbekistan President Islam Karimov’s illness and unconfirmed rumors of his death, an Uzbek state television anchor in the evening of August 31 read out an Independence Day address traditionally delivered by the President.
BISHKEK (TCA) — Kyrgyzstan will allocate 20.1 billion soms for repayment of the public debt in 2017, Minister of Finance Adylbek Kasymaliev said at the public hearing of the country’s draft budget for the next year. Of these, 11 billion soms will be allocated for the repayment of the external debt and 9 billion for the domestic debt. In subsequent years, this amount will grow to 26.9 billion soms in 2018 and to 29.2 billion soms in 2019.
