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BISHKEK (TCA) — As of 31 May 2016 Kyrgyzstan’s state debt amounted to US $3.944 billion, including $3.698 billion of foreign debt and $246 million of internal debt, the country’s Finance Ministry said. Continue reading
ASTANA (TCA) — U.S. oil giant Chevron on July 5 announced a $36.8 billion expansion of the Tengiz oil project in Kazakhstan. Continue reading
ASTANA (TCA) — On July 1, at the workshop on the results of industrialization in the first half of 2016, Kazakhstan President Nursultan Nazarbayev instructed the Government to develop a set of measures to support the export of Kazakhstani goods, the official website of the Prime Minister of Kazakhstan reported. Continue reading
BISHKEK (TCA) — Establishment of the Guarantee Fund is a good impetus for developing small and medium business, Kyrgyz Economy Minister Arzybek Kojoshev said at the media briefing in the Economy Ministry on June 29. Continue reading
ALMATY (TCA) — The Atameken National Chamber of Entrepreneurs of Kazakhstan and the Rating Agency of the Regional Financial Centre of Almaty have signed a cooperation agreement aimed at the development of a rating system, as well as the development and popularization of the rating institution in the professional and expert community (improvement of the legislation in terms of credit and debt ratings of national rating agencies), Atameken reported on June 29. Continue reading
BISHKEK (TCA) — As the number of non-performing loans is growing in Kyrgyzstan, Kyrgyz lawmakers have suggested the National Bank of the Kyrgyz Republic (NBKR) analyze how loans taken by citizens have improved their lives. Continue reading
