Viewing results 1 - 6 of 221
BISHKEK (TCA) — Official statistics and overall public opinion tell that foreign direct investment in Kyrgyzstan is declining and there is no investment at all in small and medium enterprises (SME). Kyrgyzstan has to react and the Government should understand that due to different factors such as international crisis, currency problems, cashless Russia, and Eurasian Economic Union membership, the country needs a new industrial approach with income from the China trade being replaced with local production and processing. Continue reading
DUSHANBE (TCA) — The European Bank for Reconstruction and Development (EBRD), in partnership with the Pilot Program for Climate Resilience (PPCR) of the Climate Investment Funds, held an event to mark the formal launch of CLIMADAPT, the Tajikistan Climate Resilience Financing Facility, on February 3 in Dushanbe. CLIMADAPT aims to help Tajik households, businesses and farmers cope with the effects of climate change and to support the country’s transition towards a green economy, the EBRD press office said. Continue reading
BISHKEK (TCA) — Corruption, a lack of governmental transparency, and an unpredictable legal and regulatory environment are key constraints to business in Kyrgyzstan, according to a survey released on January 29 by the International Finance Corporation (IFC), a member of the World Bank Group. Continue reading
BISHKEK (TCA) — Small and medium enterprises account for around 40 percent of GDP in Kyrgyzstan, Deputy Economy Minister of Kyrgyzstan Daniyar Imanaliyev said at the January 13 roundtable on the development of small and medium business, said the press service of the Economy Ministry. Continue reading
BISHKEK (TCA) — The work of the Russian-Kyrgyz Development Fund (RKDF) has been criticized not only by MPs and businessmen but also by President of Kyrgyzstan Almazbek Atambayev. If the RKDF does not work in the coming months, it would be necessary to make staff decisions, Atambayev said at a recent news conference. Continue reading
