The Islamic Corporation for Development of the Private Sector (ICD) intends to establish the investment fund in Tajikistan to support small and medium-sized enterprise (SME) business there, according to the National Bank of Tajikistan (NBT). This issue was reportedly discussed on February 17, at the meeting of the NBT head Jamshed Nourmahmadzoda with the ICD…
Uzbekistan Airways is planning to launch charter flights to Burgas and Barcelona this summer. Charter flights aim at popularizing and realizing Uzbekistan’s tourism potential on Bulgaria and Spain’s markets. Recent charters to Bulgaria in summer 2016 and the Maldives in winter 2016-2017 have brought more foreign tourists to Uzbekistan and showed that Uzbek citizens were…
The February 10 Presidential Resolution established the Small Business Development Guarantee Fund, a joint-stock company with offices across the regions. The document aims at supporting small business by opening access to commercial banks’ credits. The funds will help procure equipment, expand product range, and promote small businesses’ role in the socio-economic development. The fund’s authorized…
Kyrgyz Ministry of Finance for the first time has issued seven-year government treasury bonds (T-bills) valued at 500 million soms, its press service reported. It is noted that the seven-year T-bills issue was held in the execution of the Medium-Term Public Debt Management Strategy. According to the document, the Ministry of Finance will increase the…
State Mortgage Company determined the cost of a square meter of a social housing in Kyrgyzstan, Deputy Chairman of State Mortgage Company Nurzhigit Usenakun uulu said. According to him, now the design of five-storey buildings in Batken, Naryn, Jalal-Abad is completed. After receiving approval, the tender for construction will be announced. “60 apartment buildings will…
Kyrgyz citizens will able to get mortgage loans on Affordable housing program in the middle of 2017, the Chairman of the State Mortgage Company Bakytbek Shamkeev said. According to him, the State Mortgage Company has signed an agreement with the Ministry of Finance at 2.5 billion soms. Last year, 1 billion soms was provided. However,…
Kyrgyzstan has temporarily suspended the import of animal products from China, the Head of the Department of the State Inspectorate for Veterinary and Phytosanitary Safety Manas Maikanov said. According to him, import was suspended until a joint inspection by the countries of the Eurasian Economic Union of products, which China supplies to the EEU market.…