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BISHKEK (TCA) — In the course of 2015 the European Union disbursed the highest amount it has ever disbursed to the Kyrgyz Republic. The total of €34.6 million paid from the EU's general budget included €24.6 million in development assistance and a €10 million grant payment for Macro-Financial Assistance, the Delegation of the European Union to the Kyrgyz Republic said. Continue reading
BISHKEK (TCA) — The Government of Kyrgyzstan has developed an affordable housing program until 2020 for public-sector employees. Continue reading
BISHKEK (TCA) — The European Bank for Reconstruction and Development (EBRD) invested a record amount in the Central Asian region in 2015. Last year’s total investment rose 75 per cent to €1.402 billion from €803 million, in 82 different transactions following 71 projects in 2014. This brings the total EBRD financing in Central Asia to just over €10 billion, the Bank said. Continue reading
BISHKEK (TCA) — China has become the 67th member of the European Bank for Reconstruction and Development. Following the completion of all the formalities, the announcement was made after a meeting between the EBRD President Sir Suma Chakrabarti and Chinese Premier Li Keqiang in Beijing on January 15, the EBRD press office said. Continue reading
ALMATY (TCA) — The National Bank of Kazakhstan said that the country’s international reserves, including gold and foreign currency reserves of the National Bank and assets of the National (Oil) Fund, in 2015 decreased by 10.6 percent, from US $102.452 billion down to $91.581 billion. Continue reading
BISHKEK (TCA) — The European Bank for Reconstruction and Development’s (EBRD) President Sir Suma Chakrabarti is visiting Beijing on 15-16 January to finalize the details of China’s EBRD membership and to attend the inauguration ceremony of the Beijing-based Asian Infrastructure Investment Bank (AIIB), the EBRD press office said. Continue reading
