ASTANA (TCA) — Kazakhstan’s economy has been hurt by the economic slowdown in China and recession in Russia, Kazakh President Nursultan Nazarbayev said during his meeting with the heads of foreign diplomatic missions in Astana on March 2, RFE/RL reported.
ASTANA (TCA) — The National Bank of Kazakhstan’s interventions in the form of foreign currency purchases amounted to $474 million in February or 20 percent of the total currency trade, National Bank Chairman Daniyar Akishev said in the Kazakh Parliament on March 3, the official website of the Prime Minister of Kazakhstan reported.
BISHKEK (TCA) — The government of Kyrgyzstan on March 1 announced a tender for the use and development of brown-coal deposits Kara-Keche and Min-Kush (Ak-Ulak area), the Kyrgyz Economy Ministry said.
BISHKEK (TCA) — The Eurasian Development Bank (EDB) and the Asian Development Bank (ADB) have signed a framework co-financing agreement, setting forth the main areas and mechanisms of cooperation in the EDB and ADB member states. The document states that the banks will invest in projects in Armenia, Kazakhstan, Kyrgyzstan, and Tajikistan. EDB will provide US $1 billion and the ADB US $2 billion until 2021, EDB’s press service said on March 2.
DUSHANBE (TCA) — A launch ceremony for the Tajikistan Higher Education Project took place on March 1 in Dushanbe with the participation of representatives of the Executive Office of the President of Tajikistan, Ministry of Education and Science, Parliament, international development community, civil society, higher education institutions, and the World Bank. The goal of the project, financed from the International Development Association for the amount of US$15 million, is to develop mechanisms that improve and monitor the quality and labor-market relevance of higher education in the country, the World Bank said.
TASHKENT (TCA) — Uzbekistan will ban the sale of incandescent lamps of more than 40W starting from 1 January 2017, Avesta news agency reported with reference to the Uzbek Embassy in Tajikistan.
