The Ministry of Economy and Commerce of the Kyrgyz Republic and the International Finance Corporation have signed an agreement on the provision of financial consulting services for the public-private partnership project Modernization and Development of Manas Airport. The International Finance Corporation will conduct a multilateral expert appraisal and structuring of the public-private partnership (PPP) project.…
The Ministry of Finance raised UAH 2.15 billion to the state budget at an auction for the placement of domestic government bonds, according to the ministry’s press service. “On October 19, at auctions for the placement of domestic government bonds, the Finance Ministry offered investors two issues of securities in the national currency. Overall, UAH…
In September, the Deposit Guarantee Fund paid UAH 353.6 million to depositors of insolvent banks within the guaranteed refund program, according to the fund’s press service. In total, in January-September, depositors received UAH 766.4 million within the guaranteed refund program. As of October 1, the register of the fund’s members included 70 banks. At the…
In September, actual unemployment rate in Latvia comprised 6.4%, down by 0.5% MoM. The actual unemployment rate in the country has not been so low since December 2019 (6.6%). The unemployment rate for females decreased by 0.3%, to 5.4% in September, but for males by 0.6%, to 7.5%, according to data of the Labour Force…
Turkey ($1.48 billion), Russia ($1.14 billion) and China ($1.07 billion) were Georgia’s top trading partners in total external trade turnover in January-September, preliminary data from the National Statistics Office of Georgia showed. In the reporting period Georgia’s top trading partners by exports were China ($478.3 million), Russia ($426.2 million) and Azerbaijan ($400.2 million), while top…
Construction of small hydroelectric stations is currently in an active phase in Batken, Jalal-Abad, Issyk-Kul and Osh regions of Kyrgyzstan, the Ministry of Energy and Industry reports. A legal framework has already been created for the construction of small hydroelectric stations. Regulatory documents have been adopted that make it possible to provide preferences for investors…
Uzbekistan has completed the construction of a new airport in Sokh district of Ferghana region, which borders with Batken region of Kyrgyzstan. The new air harbor is set to directly link the area surrounded by the territory of Kyrgyzstan with the Ferghana region and reduce the dependence of local residents on the highway passing through…