Men work on average five hours more per week in Kyrgyzstan, UN Women organization says. According to it, there is almost no difference in cities: men work 43 hours a week, while women – 41 hours. The difference is due to the villages, where the male population works 38 hours and the female – 30…
The overall unemployment rate in Kyrgyzstan does not exceed 5-6%, UN Women reports. According to the organization, the most vulnerable are young people from 15 to 28 years old. The overall unemployment rate in this age group has dropped from 11.6% to 10% over the past five years. However, unemployment among young women (13.6%) continues…
The gross international reserves of Kyrgyzstan increased by $205.37 million over the past month, official website of the National Bank of the country said. As a result of August, the reserves reached $2,860.74 billion. This is the highest level of the reserves in 2021. At the same time, since the beginning of the year, the…
The Board of the National Bank of Kyrgyzstan decided to keep the discount rate (key rate) at the level of 7.5% on September 1. Recovery of economic activity in most countries – the main trading partners of Kyrgyzstan continues to be supported by stimulus measures. At the same time, there is an increase in inflationary…
Smuggling of goods has become a major problem for domestic associations and manufacturers in Kyrgyzstan, Erlan Dzhuzupov, President of the Association of Sugar Consumers, has announced at a press conference. According to him, finished products cannot compete with smuggled ones in the market. “We need effective measures and government intervention to ensure fair competition. As…
From 2022, it will be possible to pay only one instead of several types of taxes, the President Sadyr Japarov has said during celebration of the 30th anniversary of Kyrgyzstan’s independence. According to him, to date, all borders with neighboring states are closed, trade operations are almost suspended. Naturally, tax and customs revenues are reduced…
President of Kyrgyzstan Sadyr Japarov made a working trip to Talas region. According to the presidential press service, he laid a capsule at the construction site of a new Bala-Saruu hydropower plant at the Kirov water reservoir. The head of state was informed that implementation of the project for the construction of Bala-Saruu hydropower plant…