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BISHKEK (TCA) — The Government of Switzerland is donating 17 million Kyrgyz soms to 17 rural municipalities in Kyrgyzstan’s northern Chui province to solve their local priority issues, the Embassy of Switzerland in the Kyrgyz Republic said on April 19. Continue reading
DUSHANBE (TCA) — The government of Tajikistan is negotiating a first loan from the Asian Infrastructure Investment Bank (AIIB), Avesta news agency reported with reference to the country’s Finance Ministry. Continue reading
BISHKEK (TCA) — The Russian-Kyrgyz Development Fund (RKDF) has launched a lending program for small and medium-sized enterprises through Kyrgyz commercial banks. For SMEs, the interest rate will be 5% per annum for up to $1 million loans. Continue reading
BISHKEK (TCA) — Kazakhstan is the richest country in the Commonwealth of Independent States (CIS) according to The Richest Countries in the World, the ranking prepared by the Global Finance Magazine. Continue reading
TASHKENT (TCA) — The government of Uzbekistan has offered for sale state-owned stakes in the country’s two commercial banks, the Novosti Uzbekistana news agency reported. Continue reading
BISHKEK (TCA) — World Bank Group President Jim Yong Kim and Asian Infrastructure Investment Bank President Jin Liqun on April 13 signed the first co-financing framework agreement between the two institutions. Continue reading
