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Kyrgyzstan’s debt nearing $4 billion

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

Kyrgyzstan to develop new industrialization program

BISHKEK (TCA) — Many action plans, economic development programs and projects have been adopted in Kyrgyzstan but most of them have had no effect. Of 33 programs planned for this year, only 22 (66%) have been drafted, Economy Minister Arzybek Kojoshev said at a Government meeting on May 25. Continue reading

Kyrgyzstan’s foreign debt reaches $3.6 billion

BISHKEK (TCA) — As of 31 March 2016, Kyrgyzstan’s foreign debt amounted to US $3.646 billion or 60.3 percent of the country’s GDP last year, the press service of the Kyrgyz Government said on May 10. Continue reading

Investments in Tajikistan totaled almost $1 billion in 2015

DUSHANBE (TCA) — Investments in the economy of Tajikistan amounted to $977.8 million in 2015, Avesta news agency reported with reference to Kodiri Kosim, chairman of the country’s State Committee of Investment and Public Property Management.   Continue reading

Tajikistan to borrow funds to finance priority economic sectors

DUSHANBE (TCA) — Tajikistan plans to borrow more than US $670 million from international financial organizations during three years (2016-2018), Avesta news agency reported on March 7 with reference to the country’s Finance Ministry.   Continue reading