As part of electrical industry overhaul, Talimarjan thermal power plant was equipped in 2004 with an 800-MW power unit, the only such unit in Central Asia. The electricity generated by the plant feeds the entire south-western energy system, including Shurtan and Kokdumalak Gas Chemical Complex, with voltages of 220 and 500 kV. Sinceits commissioning, Talimarjan…
In January-December 2016, according to preliminary data of the State Statistics Committee, the volume of gross domestic product (GDP) in current prices amounted to 199325,1 billion soums, while the growth in comparison with January-December 2015 made up 7.8%. GDP growth was mainly influenced by following economic activities: construction (112.5%), trade, accommodation and food (113.4%), transportation…
Parliament of Uzbekistan adopted a decision on the introduction of 10,000 bill in the country, its design was also approved. According to a source in the Central Bank, the first banknotes will be put in circulation in the near future. As of today, the largest Uzbek banknote is 5,000 sum. It was put in circulation…
Kazakh state-owned Damu Entrepreneurship Development Fund will provide a credit line to Kazakh Kazkommertsbank in the amount of 1 billion tenge. The credit line will be directed to ‘Almaty Innovation’ program, which envisages financing of small and medium-sized businesses in the city of Almaty. As much as 500 million tenge of the credit line are…
Kazakh National Bank forecasts inflation rate in the country to decrease to 6.5-7% in 2017, and to begin to smoothly enter the target range of 5-7% in 2018, the bank said in a message. “Slowdown of inflation will occur on account of a decrease in inflation expectations, an enhancement of stability and predictability of the…
Bank Globus (Kyiv) does not have money of individuals received from officials of the National Bank for Development (VBR) being under liquidation on the bank’s accounts, bank Globus said on its website. Bank Globus received neither from the Prosecutor General’s Office of Ukraine nor from courts the rulings or resolutions on the arrest of the…