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BISHKEK (TCA) — Most of the member countries of Eurasian Development Bank (EDB) — including Kazakhstan, Kyrgyzstan, and Tajikistan — face emerging risks to the positive dynamics of economic recovery which was observed in the first half of the year and remained in June, according to the findings presented in the Monthly Macroeconomic Review prepared by the EDB Chief Economist’s Group. Continue reading
BISHKEK (TCA) — The key macroeconomic indicators point at an improvement in the member countries of Eurasian Development Bank (EDB), including Kazakhstan, Kyrgyzstan, and Tajikistan, in the first half of 2017, according to the Quarterly Macroeconomic Review prepared by the EDB Chief Economist’s Group. Continue reading
BISHKEK (TCA) — The economic trends improved in Q2 2017 in the member countries of Eurasian Development Bank (EDB) — Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. This development is largely based on the recovery of key transmission channels in the region, primarily trade and remittances. These are the findings of the Monthly Macroeconomic Review prepared by the Chief Economist Group at EDB. Continue reading
BISHKEK (TCA) — In Q1 2017, stabilised raw material prices and, as a result, stabilised national exchange rates in most of Eurasian Development Bank’s (EDB) member countries — Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan — have ensured recovery in mutual trade in the region, according to the findings presented in the macroeconomic review prepared by the Chief Economist Group at EDB. Continue reading
BISHKEK (TCA) — In April 2017, the external environment improved to an extent for Eurasian Development Bank’s (EDB) member countries — Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan, due to growing optimism in the world markets associated with improvements in the global economy. These are the findings of the Macroeconomic Review prepared by the Chief Economist Group at EDB. Continue reading
BISHKEK (TCA) — Eurasian Development Bank (EDB), as the Resources Manager of the Eurasian Fund for Stabilisation and Development (EFSD), and the Kyrgyz Republic have signed an investment credit agreement for US $110 million to be provided by the EFSD to finance the commissioning of Unit 2 at Kambarata hydropower plant (HPP) 2. The document was signed by Dmitry Pankin, Chairman of the Management Board at EDB, and Adylbek Kasymaliyev, Kyrgyzstan’s Minister of Finance, EDB said on March 13. Continue reading