The National Bank of Ukraine (NBU) from October 28, cuts refinancing rate from 15% to 14%. The central bank said in a press release that the decision on the size of the refinancing rate was approved by its board on October 27. “The further relaxation of the monetary policy is linked to the reduction of…
As of October 24, winter crops had been sown at 5952 thousand ha, or 81% of the forecasted area – 7374 thousand ha. This included 5260 thousand ha of winter wheat and triticale (85% from the planned 6198 thousand ha), 148 thousand ha of rye (100% of 147 thousand ha), 544 thousand ha of barley…
Kyrgyztelecom management stated that the company was deliberately hindered from development. The Chairman of the Board of Kyrgyztelecom JSC Emil Eshenaliev announced this at a press conference. According to him, the company has been working in noncompetitive environment for 15 years. It could not develop the Internet in Bishkek and Osh, nor have a cellular…
Kyrgyzstan will receive a loan to improve the efficiency of water and energy in the south of republic, the European Bank for Reconstruction and Development (EBRD) reported. The bank allocates $1 million. The money will be provided to micro-credit companies. And through it, ordinary citizens will receive credits for the installation of energy efficient windows…
Kyrgyzstan occupies the last place among EEU countries in Doing Business 2017. World Bank’s report was published the day before. Kazakhstan has the best indices among the countries of the Eurasian Economic Union. It occupies 35th place with 75.09 points. Kazakhstan is among the countries that have achieved the greatest success in the field of…
Kyrgyzstan takes 163rd place out of 190 in getting electricity rank in Doing Business 2017. This is stated in the World Bank report. The only indicator where Kyrgyzstan has received a positive assessment was “trading across borders”. Kyrgyzstan took 79th place here. Thanks to accession to EEU, Kyrgyzstan reduced the time for the export of…
Kazakhstan and Saudi Arabia signed more than 10 agreements worth over 60 billion tenge ($181.55 million) within the official visit of Kazakh President Nursultan Nazarbayev to Saudi Arabia on October 24- 25, the presidential press-service reported. At the briefing on the results of the visit Nazarbayev announced that the agreements had been signed in the…