Viewing results 1 - 6 of 38
LONDON (TCA) — In Central Asia job supplies do not match job demand since governments and their investment policy do not offer the required political stability and sufficient incentives to attract local and foreign investors. This simply means that migration of Kyrgyz, Tajik and Uzbek working forces toward Russia and in less number other countries is here to stay for quite a while. Continue reading
BISHKEK (TCA) — The economic trends improved in Q2 2017 in the member countries of Eurasian Development Bank (EDB) — Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. This development is largely based on the recovery of key transmission channels in the region, primarily trade and remittances. These are the findings of the Monthly Macroeconomic Review prepared by the Chief Economist Group at EDB. Continue reading
BISHKEK (TCA) — Kyrgyzstan has updated the historical maximum for remittances from Russia. In the first three months of 2017, labor migrants from Kyrgyzstan working in Russia transferred $433 million to their homeland, which is 67% more than in the same period in 2016, the National Bank of Kyrgyzstan said. Prior to this, migrants transferred the most money for the same period in 2013 ($411.5 million). Continue reading
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
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
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
