TCA
ASTANA (TCA) — The lower chamber of Kazakhstan’s parliament, the Mazhilis, has asked President Nursultan Nazarbayev for its early dissolution “in connection with the aggravating economic situation in the country”.
TCA
ASTANA (TCA) — The Development Bank of Kazakhstan has allocated 11 billion tenge from the National Fund of Kazakhstan to support Kazakhstan’s car-making industry by lending to private individuals for the purchase of vehicles, the official website of the Prime Minister of Kazakhstan reported with reference to the Bank.
TCA
ASTANA (TCA) — The plant to produce barite concentrates at the Bestobe deposit in Kazakhstan’s Karaganda province will reach its design capacity in 2018, the Ministry of Investment and Development of Kazakhstan said.
TCA
BISHKEK (TCA) — On January 12 the National Bank of the Kyrgyz Republic issued licenses to Kompanion Bank CJSC to conduct banking operations in national and foreign currencies.
TCA
ASHGABAT (TCA) — Authorities in Turkmenistan have restricted the use of hard currencies in the country. Banks in Turkmenistan have stopped selling US dollars but they still buy them, the Alternative News of Turkmenistan website reported on January 12.
Maria Levina
BISHKEK (TCA) — The work of the Russian-Kyrgyz Development Fund (RKDF) has been criticized not only by MPs and businessmen but also by President of Kyrgyzstan Almazbek Atambayev. If the RKDF does not work in the coming months, it would be necessary to make staff decisions, Atambayev said at a recent news conference.
