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BISHKEK (TCA) — The European Commission has approved the release of EUR 15 million as part of the EU's Macro-Financial Assistance (MFA) programme for the Kyrgyz Republic, the Delegation of the European Union to the Kyrgyz Republic said on January 27. Continue reading
BISHKEK (TCA) — The year 2016 will not be less difficult than last year as external risks continue to persist, Kyrgyzstan’s Economy Minister Arzybek Kojoshev told a news conference on the country’s results in 2015 and tasks for 2016, the press service of the Economy Ministry said. Continue reading
ALMATY (TCA) — A council to attract investors has been created in Kazakhstan’s largest city, Almaty. The resolution on the council’s establishment was signed by Almaty Mayor Bauyrzhan Baibek, Novosti-Kazakhstan news agency reported. Continue reading
ASTANA (TCA) — On the sidelines of the World Economic Forum in Davos, Switzerland, on January 21 the Government of Kazakhstan, jointly with the World Bank, held a round table to discuss the ongoing reforms to improve the business climate in Kazakhstan, the World Bank reported. Continue reading
ALMATY (TCA) — State officials in oil crisis-hit Kazakhstan have discovered a $20 billion hole on the balance sheet of the National Wealth Fund. Should the state funds be spent this way on, the state coffers will be empty before the end of this decade. A political crisis is looming. In a move to avoid it, the Parliament has applied for snap elections to be held as early as March this year. Continue reading
DUSHANBE (TCA) — Despite the negative impact of external factors on Tajikistan’s economy, the country’s GDP grew six percent in 2015, Tajik Prime Minister Qohir Rasulzoda said on January 21 at the expanded meeting of the Government of Tajikistan that reviewed the results of the country’s social and economic development in 2015 and the main objectives for 2016, the Tajik presidential press service reported. Continue reading
