State Mortgage Company starts operating in Kyrgyzstan
BISHKEK (TCA) — The Government of Kyrgyzstan has developed an affordable housing program until 2020 for public-sector employees. Continue reading
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EBRD investment in Central Asia reaches record €1.4 billion in 2015
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
SMEs can boost Kyrgyzstan’s economy
BISHKEK (TCA) — Small and medium enterprises account for around 40 percent of GDP in Kyrgyzstan, Deputy Economy Minister of Kyrgyzstan Daniyar Imanaliyev said at the January 13 roundtable on the development of small and medium business, said the press service of the Economy Ministry. Continue reading
Bank in Kyrgyzstan gets full banking license
BISHKEK (TCA) — On January 12 the National Bank of the Kyrgyz Republic issued licenses to Kompanion Bank CJSC to conduct banking operations in national and foreign currencies. Continue reading
Russian-Kyrgyz Development Fund fails to live up to expectations
BISHKEK (TCA) — The work of the Russian-Kyrgyz Development Fund (RKDF) has been criticized not only by MPs and businessmen but also by President of Kyrgyzstan Almazbek Atambayev. If the RKDF does not work in the coming months, it would be necessary to make staff decisions, Atambayev said at a recent news conference. Continue reading
Tajikistan early warning: internal pressures, external threats
BISHKEK (TCA) — The Times of Central Asia presents to its readers the International Crisis Group’s new briefing, Tajikistan Early Warning: Internal Pressures, External Threats, which examines the situation and argues that the country must become a conflict-prevention priority for the international community. Continue reading
