IFC survey reveals key constraints to doing business in Kyrgyzstan

BISHKEK (TCA) — Corruption, a lack of governmental transparency, and an unpredictable legal and regulatory environment are key constraints to business in Kyrgyzstan, according to a survey released on January 29 by the International Finance Corporation (IFC), a member of the World Bank Group. Continue reading

Afghanistan, Turkmenistan, Uzbekistan among world’s most corrupt — watchdog

BISHKEK (TCA) — In its 2015 Corruption Perceptions Index (CPI) released on January 27, Transparency International ranked 168 countries based on perceived levels of public-sector corruption. The most corrupt countries in Central Asia, according to the index, were Afghanistan (ranked 166th), Turkmenistan (156th), and Uzbekistan (153rd). Continue reading