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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
DUSHANBE (TCA) — An International Monetary Fund (IMF) staff mission, led by Mr. Paul Ross, visited Tajikistan from February 1 to 10 to discuss the country’s macroeconomic policies and the structural reform agenda. Continue reading
DUSHANBE (TCA) — The results of the high frequency survey Listening to Tajikistan covering the period of September to November 2015 were published on February 8 on the World Bank Tajikistan website. The survey aimed at measuring the impact of the economic slowdown in 2015 on households in Tajikistan was initiated by the World Bank in May 2015, with the opening of the high season for many workers from Tajikistan working abroad. Continue reading
DUSHANBE (TCA) — An equivalent of up to US $50 million may be lost by Tajik families that receive money remittances from their relatives working in Russia and which are sent in Russian rubles, Avesta news agency reported. Continue reading
BISHKEK (TCA) — Remittances from Kyrgyz labor migrants abroad decreased by 37 percent in 2015 compared with 2014, Kyrgyzstan’s National Bank said. In 2014, labor migrants sent home $2.17 billion and only $1.41 billion for 9 months of 2015. Continue reading
