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BISHKEK (TCA) — The International Monetary Fund (IMF) has warned of weak economic growth prospects in countries of the Caucasus and Central Asia (CCA) region and has called for reforms to help their economies. Continue reading
ASHGABAT (TCA) — The Islamic Development Bank will provide a $700 million loan to finance the construction of the Turkmen section of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline. The agreement was signed in Washington, DC during the recently-held IMF-World Bank Annual Meetings. The State Bank for Foreign Economic Activities represents the Government of Turkmenistan in that agreement, the State News Agency of Turkmenistan reported. Continue reading
BISHKEK (TCA) — The Times of Central Asia presents to its readers Stratfor’s Global Intelligence, a weekly review of the most important events that happened in the world — from Europe to Middle East to Russia to Central Asia to Afghanistan to China and the Americas. Continue reading
ASTANA (TCA) — A seamless steel pipe production plant has been launched in Aktau, the Mangistau province, to support Kazakh oilfield service companies, the official website of the Prime Minister of Kazakhstan reports. Continue reading
ASTANA (TCA) — Minister of Energy of Kazakhstan Kanat Bozumbayev says that currently, four wells are producing 90 thousand barrels of crude oil per day at the huge Kashagan oil field in the Kazakh sector of the Caspian Sea, the official website of the Prime Minister of Kazakhstan reports. Continue reading
BISHKEK (TCA) — There are many, well-thought-through programs in Kazakhstan that are designed to achieve a more diversified industrial and services-based growth, Masood Ahmed, director of the IMF Middle East and Central Asia Department, said at the press briefing on the IMF’s 2016 Economic Outlook for the Middle East and Central Asia, held in Washington, D.C. on October 7. Continue reading
