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Tajikistan’s economy: any light at the end of the tunnel?

DUSHANBE (TCA) — As Tajikistan is being hit hard by decreased remittances from Tajik labor migrants in Russia and the weakening national currency, the somoni, against the US dollar, we are republishing this article, originally published by EurasiaNet.org: Continue reading

Uzbekistan reaches deal with Russia on labor migration

TASHKENT (TCA) — There is a large number of Uzbek labor migrants in Russia who are supporting Uzbekistan’s economy by sending money they earn back home. Now, their life and work in Russia would become easier. We are republishing this article on the issue, originally published by EurasiaNet.org: Continue reading

Kyrgyz labor migrants support national economy, lack equal rights in Russia

BISHKEK (TCA) — Remittances from Kyrgyz citizens working in Russia make a significant contribution to the economic development of Kyrgyzstan, Russian President Vladimir Putin said during his recent visit to Bishkek. Continue reading

Kyrgyzstan’s National Bank reports on last year’s results

BISHKEK (TCA) — Remittances from Kyrgyz citizens working abroad to their home country grew 21 percent in 2016, Tolkunbek Abdygulov, the head of the National Bank of Kyrgyzstan, told a news conference on February 14. Continue reading

Kyrgyzstan continues borrowing, fails to attract FDI and develop production

BISHKEK (TCA) — Kyrgyzstan’s development results for 2016 are encouraging because the country has not faced major upheavals. According to Kyrgyz President Almazbek Atambayev, Kyrgyzstan has shown the best results in terms of economic growth among the CIS countries according to international statistical standards. Continue reading

Life of Kyrgyzstan’s labor migrants deteriorating in Russia

BISHKEK (TCA) — The Russian Interior Ministry has proposed to significantly increase penalties for providing housing and bogus residence documents to illegal migrants. Continue reading