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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
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
BISHKEK (TCA) — The Russian Interior Ministry has proposed to significantly increase penalties for providing housing and bogus residence documents to illegal migrants. Continue reading
DUSHANBE (TCA) — Tajikistan’s economy received around $220 million in investments in the first half of this year, Avesta news agency reported citing Kodiri Kosim, chairman of the State Committee of Investment and State Property Management. Continue reading
ASTANA (TCA) — The number of money transfers received by residents of Kazakhstan from abroad increased by 130 percent year on year in May. The most popular currencies were the US dollar and Russian ruble, and the main source was Russia, according to Ranking.kz, a monitoring project dealing with the Kazakh economy in the rankings format. Continue reading
BISHKEK (TCA) — Labour migration is as old as human statehood: ancient Mesopotamia, Egypt and Rome benefited from it. But the process is dynamic with ups and downs accompanying changes in economic patterns. Russia’s economic recovery is thereby good news for those seeking jobs. And it does not necessarily hinder economic development in migrants’ homelands provided their public and private sectors apply the right strategy – as the case of Kyrgyzstan illustrates. Continue reading
