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BISHKEK (TCA) — Defending the frontier with Afghanistan has become top priority for the three former Soviet republics bordering it in 2015. Whether that frontier could become a frontline or not depends on how much the other two are ready to contribute and how much stability they can maintain to do so. For Kyrgyzstan, the year 2015 is most likely to go into history as the year of the new revolution that never happened and the remarkable survival and strengthening of its parliamentary rule. It was, remarkably, much due to the personal input of President Atambayev, who is behind the party that has the largest faction in both the previous and the new parliament, that dark prophecies of “destabilisation” and “economic failure” failed to materialize, making Kyrgyzstan’s model go in the direction of the French than e.g. of the British one. Given the geopolitical and economic challenges in the region, this may well be a favourable option. Continue reading
ALMATY (TCA) — Kazakhstan's national currency, the tenge, has reached a new low against the US dollar. Continue reading
BISHKEK (TCA) — Economic growth could resume modestly in Central Asia if there is a stabilization of commodity prices, according to the World Bank’s January 2016 Global Economic Prospects. Continue reading
DUSHANBE (TCA) — Saudi Arabia through the Islamic Development Bank will provide $108 million to Tajikistan for the reconstruction of two road sections Kulyab-Shuroabad and Shkev-Kalai Khumb of the Kulyab - Kalai Khumb motor road, Avesta news agency reported with reference to Tajikistan’s Transport Ministry. Continue reading
TASHKENT (TCA) — In 2016 the economy of Uzbekistan will receive an equivalent of US $17.3 billion of capital investment, 23.5 percent of which will be foreign investments, Uzbek President Islam Karimov said in his New Year address to the nation. Continue reading
BISHKEK (TCA) — Politically and economically, Central Asia will largely depend on Russia’s and China’s recovery and any prediction for 2016 can make sense only with consideration of the political and economic capabilities of these two countries. Continue reading
