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DUSHANBE (TCA) — Sean O’Sullivan, Director General of the Asian Development Bank (ADB)’s Central and West Asia Department, on January 19 concluded a two-day visit to Tajikistan, during which he met with Prime Minister Kokhir Rasulzoda and other senior government officials to discuss the country's development priorities and current economic situation, ADB’s assistance program, and reaffirm ADB’s continued support for national development, the ADB Country Office in Tajikistan said. Continue reading
ALMATY (TCA) — Kazakhstan’s chief banker has said the National Bank of Kazakhstan is not planning any restrictions on operations with cash foreign currency in the country, Novosti-Kazakhstan news agency reported. Continue reading
ASHGABAT (TCA) — On January 12 the Central Bank of Turkmenistan published on its website a press release on introducing restrictions on free currency exchange in the country. The announcement for print media, however, was offered only in the Turkmen language. The press release is not available on the Russian or English versions of the website. Below is the translation of the announcement, made by the independent website Chronicles of Turkmenistan. Continue reading
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
