• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10100 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10100 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10100 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10100 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10100 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10100 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10100 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 -0%
  • TJS/USD = 0.10100 0%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0%

Viewing results 1 - 6 of 284

As Kazakhstan Marks Constitution Day, What Does the Occasion Really Symbolize?

Kazakhstan marks Constitution Day on August 30, an event inaugurated by the country’s second and current president, Kassym-Jomart Tokayev. The day has taken on a new meaning since the events of January 2022, when a violent coup-attempt challenged Tokayev’s authority and caused deadly destruction in the nation. Since then, the country has adopted various democratic and economic reforms. Most significantly, key amendments to the country’s constitution were adopted following a national referendum in 2022. One of the main changes was to limit the president’s time in office to a single seven-year term and banning consecutive terms. In 2022, Tokayev was re-elected under the new rules and his presidential term will now expire in 2029. The first constitution of independent Kazakhstan was adopted in January 1993 and was based on the model of a parliamentary republic. It incorporated laws on sovereignty, the independence of the state, the Kazakh language as the state language, the president as head of state, and identified the country’s judicial bodies as the Supreme Court, Constitutional Court, and Higher Arbitration Court. The current constitution was then adopted on 30 August 1995 through a national referendum. It was amended in 1998, 2007, 2011, 2017, and 2019. The most significant changes, however, took place in the above-mentioned referendum after the mass unrests of January 2022. On May 5, 2022, Tokayev announced a referendum on amendments “to transition to a new state model, a new format of interaction between the state and society … from a super-presidential form of government to a presidential republic with an influential parliament and an accountable government.” The referendum was held on June 5, 2022, and 77% of the people supported the changes. Overall, 33 articles of the current constitution were amended. Today’s celebrations mark this new and improved constitution that represents a significant step in the path forward for Tokayev’s New Kazakhstan

Kyrgyzstan Introduces Law on Compulsory Home and Car Insurance

From September 2024, when re-registering cars, owners must provide a contract on compulsory civil liability insurance. The same applies to real estate. The law was adopted eight years ago, but has been delayed under public pressure. According to the State Insurance Organisation (SIO), the introductory amount of car insurance is 1,680 KGS ($20). The final amount will be affected by driving experience, driver age, and engine displacement. The legal department of the State Insurance Organization explained to The Times of Central Asia that a vehicle's insurance policy will be required when it is re-registered with the state authorities. “Employees of the State Insurance Organization are at the places of registration of motor vehicles throughout the country and will issue MTPL insurance policies on the spot. The average amount of MTPL insurance for passenger cars will range from 2,000 to 4,000 KGS ($25-45),” said Ulukbek Nishonov, head of the legal department of the State Insurance Organization. Fifteen private insurance organizations will also insure cars. The law on compulsory car insurance in Kyrgyzstan was adopted more than eight years ago. Nevertheless, no sanctions have been imposed for non-compliance with the law. Most Kyrgyz motorists considered compulsory insurance a “waste of money.” Now, the authorities have figured out how to force everyone to insure their cars, even those without insurance policies or car registration. At the same time, ordinary citizens will not be fined for the lack of insurance. Officials claim that compulsory insurance is a social project. It is worth noting that the law on compulsory real estate insurance also came into force on August 26, 2024. Here, just as in the case of car insurance, citizens will be obliged to insure their property against fire and natural disasters only when re-registering housing. In other cases, it can be done voluntarily. At the same time, the state holds a monopoly on residential property insurance.

Kazakhstan Bans Apple Imports as Big Harvest Expected This Year

On August 27, the government of Kazakhstan imposed a temporary ban on importing apples into Kazakhstan by motor transport until the end of the year. The ban does not apply to imports from fellow members of the Eurasian Economic Union -- Armenia, Belarus, Kyrgyzstan, and Russia. The Kazakh Ministry of Agriculture explained that this year's total apple harvest is projected to be 300,000 tons. This higher than average volume was achieved thanks to government support measures provided in previous years to cultivate apple orchards. In 2024, new apple orchards will have reached full fruiting capacities, and yields will increase by 18%, which will fully meet the needs of the domestic market. Kazakhstan is the birthplace of apples — particularly the famous aport apples, which grow in the Almaty region. Translated from Kazakh, Almaty means “place of abundance of apples.” Aport apples are distinguished by their large size, distinct smell, and succulent nature. One of the prominent landmarks in Almaty, the first sight to greet visitors to the Kok-Tobe Mountain, which looms over the city, is a granite statue of an apple with water gushing from its core. In 1970, there were 3.8 million aport trees in Kazakhstan, but by 1984, only 1.4 million remained. In 2012, scientific research began on the revival and rejuvenation of the variety, including establishing an experimental garden of aport grafted onto Sievers apple trees. In 2023, Kazakh scholars harvested the first fruits weighing 400–500g.

Kyrgyzstan Proposes Banning Foreign Currencies in Domestic Transactions

Members of Kyrgyzstan's Parliament, the Jogorku Kenesh, have proposed that the national currency, the som, be established as the only means of payment in the country. The draft bill establishes that the som must be used in all domestic transactions, except for those related to export and import. It is seen as a step to reduce Kyrgyzstan's dependence on foreign currency, and stabilize the country's financial system. The draft law emphasizes that using foreign currencies -- especially in real estate, vehicle purchasing, and lending transactions -- creates additional risks for citizens. Sharp fluctuations in exchange rates make it more difficult for borrowers to repay debts. Similar measures have also been taken in Turkmenistan, where using foreign currency for everyday payments is almost entirely outlawed. Iraq has banned all domestic transactions to strengthen and stabilize the local currency, the Iraqi dinar.

Kyrgyzstan’s Culture Ministry Wants to Fine People for Spreading “Disinformation” Online

Kyrgyzstan's Ministry of Culture, Information, Sports, and Youth Policy has proposed issuing fines to people who promote 'disinformation' online. According to the proposed amendments to the Code of Administrative Offenses, citizens who are found to have spread false information through media, websites, or social networks could be fined up to 100,000 KGS (about $1,200). For legal entities, the amount will be 200,000 KGS (about $2,400). The ministry emphasized that in recent years there has been an increase in cases where false information on the internet has led to conflicts and a deterioration in public sentiment. However, this has sparked debate in society and among human rights activists, who fear that such measures could limit freedom of expression and lead to the control of journalists and internet users. The ministry had previously proposed other amendments, which would allow fines to be imposed for libel and slander in the media and online.

Free Solar Panels for Uzbekistan’s Low Income Households

Uzbekistan has launched a program to install solar panels  in the homes of low-income families in the Tashkent Oblast. The key aim of the initiative, implemented with the participation of ACWA Power, an enterprise engaged in regional energy projects, is to reduce electricity costs for vulnerable sectors of the population. Under the plan, some 20,000 low-income households, especially those with air conditioning, will receive free photovoltaic panels with a 1.5 to 2 kW capacity, to reduce energy costs during the summer. The project is part of the government's broader strategy to transition to renewable energy. The country has already taken steps in this direction, including the construction of solar and wind farms, which in recent years, have enabled Uzbekistan to reduce its electricity imports from more than 4 billion kWh to less than 3 billion kWh and even begin to export electricity. The initiative is also a continuation of the Solar Home Program which was introduced in 2023 to encourage the installation of solar panels in private households across the country.