Belarus: inflation at 0.9% in January 2017

In January the index of consumer prices for goods and services totaled 100.9% as against December 2016, the National Statistics Committee of Belarus reported. In January the basic index of consumer prices that disregards changes of prices for the commodities and services affected by administrative and seasonal factors reached 100.7% as against December 2016. Food…

Tajikistan to increase gold-and-currency reserves

Tajikistan intends to increase its gold-and-currency reserves, according to the National Bank of Tajikistan (NBT). The country’s gold-and-currency reserves rose by 37% YoY by December 31, 2016, reaching $681.98 million, which was an equivalent of about 2.7 months of imports. Last year, Tajikistan’s average monthly imports amounted to $252 million. As of January 1, 2016…

Uzbekistan: President approves Tashkent 4 feasibility report

In his recent resolution, President Shavkat Mirziyoyev approved of the feasibility report of ‘Construction of Tashkent Airport New International Passenger Terminal (Tashkent 4),’ an investment project. Uzbekistan Airways is constructing the terminal under the Engineering, Communication and Road Transport Development and Modernization Program for 2015-2019. The project is exemplary of bilateral relations between Uzbekistan and…

Tajikistan: Dushanbe and Baku to resume mutual flights

Dushanbe and Baku intend to restore direct air communication. This issue was reportedly discussed at a meeting of Tajik Minister of Economic Development and Trade Nematullo Hikmatullozoda with Azerbaijan’s Ambassador to Tajikistan Abbasali Hasanov. According to the press center of the Ministry of Economic Development and Trade, the parties also discussed preparations for the next…

Kyrgyzstan: cement production down

Production of cement declined after Kyrgyzstan’s accession to the Eurasian Economic Union. This was stated at the board meeting of the State Committee for Industry, Energy and Subsoil Use. According to the deputy chairman of the committee Kuban Myrzakanov, large volumes of cement made in Kazakhstan started arriving with which the domestic market can not…