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DUSHANBE (TCA) — Tajikistan’s economic growth is forecast to slow further in 2016, reflecting the need for accelerating reforms to develop competitive industries and exports, and to create jobs, says a new Asian Development Bank (ADB) report. Continue reading
ASTANA (TCA) — The situation on the currency market is stabilizing in Kazakhstan, the National Bank Chairman Daniyar Akishev said during his meeting with Kazakhstan President Nursultan Nazarbayev on March 28, Novosti-Kazakhstan news agency reported. Continue reading
BISHKEK (TCA) — A new IMF study finds that cultivating a more competitive business environment, fostering worker talent, and improving access to finance are key to boosting long-term economic prospects in the Middle East and Central Asia region, the IMF says on its website. Continue reading
BISHKEK (TCA) — Agreements on financial and technical cooperation between the governments of Kyrgyzstan and Germany were signed in Bishkek on March 24. Continue reading
BISHKEK (TCA) — The World Bank’s Board of Executive Directors on March 18 approved a financing of US $12 million equivalent for the Urban Development Project in the Kyrgyz Republic. $6.6 million of this financing is a concessional credit and $5.4 million is a grant, the World Bank said. Continue reading
BISHKEK (TCA) — Weather forecasters predict a dry summer in Kyrgyzstan. Due to the unusually warm winter and early spring this year, field works will start before the planned time. The Government reported that there will be no risks for the harvest in 2016 because there is enough water in reservoirs and “everything is under control”. Continue reading