ASTANA (TCA) — Kazakhstan urgently needs to adopt a fiscal consolidation strategy and refocus its macro-fiscal policy to promote more diversified growth and high-quality job creation, the World Bank says in its Kazakhstan Public Finance Review. The Review aims to help the authorities identify key areas for improvement of Kazakhstan’s fiscal policy framework to ensure fiscal sustainability in the medium-term and support economic transformation in the long-run.

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TASHKENT (TCA) — Following his constructive visit to Uzbekistan in November, the OSCE Secretary General Thomas Greminger signed a Joint Commitment with Uzbekistan’s Deputy Foreign Minister Gayrat Fazilov in Vienna on 7 December to jointly implement a road map on enhanced cooperation between the OSCE and the country.

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TASHKENT (TCA) — A meeting on improving activities of Navoi international intermodal logistics center was held on December 6 under the chairmanship of Uzbekistan President Shavkat Mirziyoyev, the President’s press service reported.

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TASHKENT (TCA) — Uzbekistan President Shavkat Mirziyoev has signed a decree ordering what state media outlets called the first mass pardoning of convicts in the country’s history, RFE/RL’s Uzbek Service reported.

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BISHKEK (TCA) — The recent bottleneck at the border between Kazakhstan and Kyrgyzstan — both members of the Russia-led Eurasian Economic Union — showed that not everything is smooth within the trade bloc, which lacks efficient supranational mechanisms to resolve such problems. We are republishing this article by Nurjamal Djanibekova on the issue, originally published by EurasiaNet.org:

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ASHGABAT (TCA) — As Turkmenistan’s economy is experiencing a downturn due to decreased revenues from natural-gas exports, the country’s public sector staff is to be reduced by 30 percent and some kindergartens closed down starting from the new year, the independent foreign-based website Chronicles of Turkmenistan reported.

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