BISHKEK (TCA) — The Executive Board of the International Monetary Fund (IMF) has completed the fourth and fifth reviews of Kyrgyzstan’s economic performance under the three-year Extended Credit Facility (ECF) arrangement, which enables the immediate disbursement of an amount of about US $26.9 million to the country. This would bring total disbursements under the arrangement to about US $80.7 million, the IMF said.

Continue reading

KABUL (TCA) — Afghanistan’s Finance Ministry and the Asian Development Bank (ADB) on December 17 signed an agreement for the ADB to provide a US $400 million aid package for Afghanistan’s development projects, TOLOnews reports.

Continue reading

ASTANA (TCA) — At the Kazakhstan-Qatar Investment Business Forum held on December 14 in Doha, the Foreign Trade Chamber of Kazakhstan and the Chamber of Commerce and Industry of Qatar signed a Memorandum on the establishment of a joint Business Council, the official website of the Prime Minister of Kazakhstan reported.

Continue reading

ASTANA (TCA) — A delegation of Kazakhstan concluded a number of agreements with large British companies during the 4th meeting of the Kazakh-British Intergovernmental Commission for trade, economic, scientific, technical and cultural cooperation held in London last week, the official website of the Prime Minister of Kazakhstan reported.

Continue reading

DUSHANBE (TCA) — The World Bank Board of Executive Directors on December 15 approved US$ 15 million in additional financing to support the ongoing Agriculture Commercialization Project in Tajikistan. The project aims to expand opportunities for Tajik farmers and enterprises to increase productivity and access to domestic and international markets, the Bank said.

Continue reading

KABUL (TCA) — The U.S. Defense Department has hailed success on the battlefield by Afghanistan’s government forces and urged Taliban insurgents to embrace “peace and political legitimacy” through a negotiated settlement with the government in Kabul, RFE/RL reported.

Continue reading