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DUSHANBE (TCA) — During the period of November 2015-March 2016, average per capita real income in Tajikistan fell across all subgroups (urban, rural, bottom 40 percent, and top 60 percent of the population), resulting primarily from declining remittances, and reduced self-employment and agricultural income over the winter season, according to the World Bank Listening2Tajikistan Survey of Wellbeing. Since November 2015, average real per capita income fell by about 24 percent, but climbed slightly for the bottom 40 percent of the population between January and March. Continue reading
BISHKEK (TCA) — The new Prime Minister of Kyrgyzstan Sooronbai Jeenbekov announced new standards of his Cabinet’s work at the first meeting of his Government on April 25. Continue reading
DUSHANBE (TCA) — The Central Bank of Russia has reported a sharp decrease in money remittances from Russia to Central Asian countries, Avesta news agency reports. Continue reading
DUSHANBE (TCA) — Urgent reforms are needed to improve Tajikistan’s economic competitiveness and diversification by unleashing the country’s potential for entrepreneurship and creativity. This may be achieved through creating an enabling environment for businesses, particularly for small and medium-sized enterprises that can provide the bulk of the employment the country needs, Chang Ching Yu, Asian Development Bank’s Country Director in Tajikistan, wrote in his article “Tajikistan: Never waste a crisis – see it as opportunity for reform”, published on the ADB official website on March 18. Continue reading
BISHKEK (TCA) — The economy of Kyrgyzstan has fallen by 10.7% in January compared to 2015. The Government explained the decline in GDP by reduced gold production at the Kumtor gold mine due to mining in an ore area with low gold content. 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
