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TASHKENT (TCA) — Micro, small and medium enterprises (MSMEs) across Uzbekistan’s Ferghana Valley will benefit from a new rural enterprise development project approved last week by the World Bank’s Executive Directors. The project will be supported by a US$ 200 million loan from the International Bank for Reconstruction and Development. Continue reading
DUSHANBE (TCA) — Small and medium enterprises (SMEs) across Tajikistan will gain greater access to finance, thanks to a newly passed reform in secured transactions. Financing for banks and SMEs alike will become easier, less risky and less costly, thereby helping boost the country’s business and investment environment, the World Bank said on February 1. Continue reading
DUSHANBE (TCA) — This year marks 25 years of partnership between Tajikistan and the World Bank Group. During this time, the World Bank has provided over $1.5 billion in grants, highly concessional credits and trust funds to Tajikistan. The World Bank Group is committed to continuing its support to the country, as it strives to improve the lives and meet the aspirations of its young and growing population, the World Bank said. Continue reading
BISHKEK (TCA) — 2019 began with good news for Kyrgyzstan’s business community. Kyrgyz Prime Minister Muhammedkaly Abylgaziyev has signed a Government Resolution on the establishment of a Business Ombudsman to protect the rights, freedoms and legitimate interests of entrepreneurs. Continue reading
ASTANA (TCA) — At a briefing on December 27, Chairman of the State Revenue Committee of the Ministry of Finance Marat Sultangaziyev spoke about the Kazakh government’s readiness to conduct a tax amnesty in the country, the official website of the Prime Minister of Kazakhstan reported. Continue reading
BISHKEK (TCA) — The Entrepreneurship Support Centre (ESC) in Osh, Kyrgyzstan’s second largest city, marked its first anniversary on December 4, in a celebration organized by the Centre together with the OSCE Programme Office in Bishkek. The mission of the ESC is to provide information and consulting support to entrepreneurs, as well as to form, prepare and promote high-quality business initiatives for the development of entrepreneurship in the Osh region. Continue reading