Kazakhstan’s currency reaches new low
ALMATY (TCA) — Kazakhstan's national currency, the tenge, has reached a new low against the US dollar. Continue reading
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Economic growth could resume modestly in Central Asia in 2016 — WB
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
Saudi Arabia to provide $108 million for Tajik road project
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
President promises economic breakthrough for Uzbekistan
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
Central Asia outlook for 2016: a geopolitical stalemate
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
Tajikistan president visits Saudi Arabia
DUSHANBE (TCA) — Tajikistan President Emomali Rakhmon met with the King of Saudi Arabia Salman bin Abdulaziz Al Saud in Riyadh City on January 3. Continue reading
