DTEK Trading (Ukraine) and Energocom (Moldova) have signed a contract for the supply of Ukrainian electricity in the period from April 1, 2017 until March 31, 2018. Energocom won the tender for electricity supply to the Moldovan markets with its price offer of $50.2/MWh, according to a report on the website of the Economy Ministry…
Opening of one of the largest mosques in Bishkek named after Mahmud Kashgari took place in the capital. Chairman of the Council of Muftis of Russia Ravil Gainutdinov, Adviser to the President of the Republic of Ingushetia, Head of the Presidential Staff Sapar Isakov, deputies of Parliament and high-ranking religious figures of Kyrgyzstan took part…
The Cabinet approved the program for the development of the food and processing industry in Kyrgyzstan for 2017-2021. The relevant government decree was signed by the Prime Minister of Kyrgyzstan Sooronbay Jeenbekov. The decision was taken in pursuance of the National Strategy for Sustainable Development of the country for 2013-2017, as well as for the…
A new batch of “smart” meters will be purchased in Kyrgyzstan at the expense of the Russian-Kyrgyz Development Fund, Information Support Department of the government reported. The Prime Minister of Kyrgyzstan Sooronbay Jeenbekov held a working meeting to discuss issues related to the purchase of meters for the automatic system for commercial accounting of power…
Microcredit volume in Kyrgyzstan decreased by 5 billion soms in 2016, the National Statistical Committee of the Kyrgyz Republic reported. Last year various microcredit organizations issued loans of 13.3 billion soms. In 2015, this figure was 27.4% more and amounted to 18.3 billion soms. The volume of microcredits in four regions of the country decreased…
Over 200 million payments at 23.8 billion soms were made through payment systems in 2016, the National Bank of Kyrgyzstan reported. It is noted that up to date, six licenses have been issued in the country for the right to conduct transactions with electronic money. At the same time, only three electronic wallets provide their…
Chairman of the Board of the Central Bank of Azerbaijan (CBA) Elman Rustamov is not expected to take part in the upcoming meeting of the Central Bank Governors’ Club of Central Asia, Black Sea Region and Balkan Countries, the CBA reported. Heads of the central banks – members of the club – will exchange views…