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BISHKEK (TCA) — Kyrgyzstan still holds on to overall economic growth – in contrast to its other major-size partners within the EEU namely Russia, Kazakhstan and Belarus, which have suffered from considerable contractions through the year 2015. In this country, the main question is not just growth, but how to adjust the breakdown of the national economy in such a manner that the staggering 40 per cent of the population consisting of deprived citizens can get the opportunity to improve their lives. Continue reading
DUSHANBE (TCA) — The demand for real estate, especially for housing, and motor vehicles has been declining in Tajikistan, Avesta news agency reported. Continue reading
DUSHANBE (TCA) — The results of the high frequency survey Listening to Tajikistan covering the period of September to November 2015 were published on February 8 on the World Bank Tajikistan website. The survey aimed at measuring the impact of the economic slowdown in 2015 on households in Tajikistan was initiated by the World Bank in May 2015, with the opening of the high season for many workers from Tajikistan working abroad. Continue reading
DUSHANBE (TCA) — An equivalent of up to US $50 million may be lost by Tajik families that receive money remittances from their relatives working in Russia and which are sent in Russian rubles, Avesta news agency reported. Continue reading
BISHKEK (TCA) — Remittances from Kyrgyz labor migrants abroad decreased by 37 percent in 2015 compared with 2014, Kyrgyzstan’s National Bank said. In 2014, labor migrants sent home $2.17 billion and only $1.41 billion for 9 months of 2015. Continue reading
BISHKEK (TCA) — In Russia, the number of labor migrants from Kyrgyzstan is on the rise while that from Tajikistan and Uzbekistan is decreasing, the Fergana information agency reported with reference to the Federal Migration Service of Russia (FMS). Continue reading
