President of Kyrgyzstan Sadyr Japarov received the head of the Union of Chambers and Commodity Exchanges of Turkey Mustafa Rifat Hisarciklioglu. The Turkish delegation also included the heads of the largest companies in the field of agriculture, textile and food industries, energy, tourism, mining and construction. Welcoming the guests, Sadyr Japarov stressed that, as the…
The Ministry of Economy and Finance of Kyrgyzstan offers its own variant of protection of entrepreneurs from unauthorized inspections and other pressure. The document was submitted for public discussion. It is specified that to date, 15,000 small and medium enterprises and about 400,000 individual entrepreneurs are engaged in business in the Kyrgyz Republic. “They regularly…
The Ministry of Economy and Finance of Kyrgyzstan outlined the main directions of reforms in management of state assets. The reform of the state property management system is determined by one of the five key areas of economic development. Its ultimate goal is to create conditions for developed market infrastructure. At the same time, minimization…
The Chairman of the Cabinet of Ministers of Kyrgyzstan Ulukbek Maripov introduced a new leader – Deputy Chairman of the Cabinet of Ministers, Minister of Digital Development Azamat Dyikanbaev to the staff of the Ministry of Digital Development. Ulukbek Maripov outlined the importance of active implementation of digital transformation and support of domestic IT specialists.…
The President of Kyrgyzstan signed a new Constitution on May 5. Then Sadyr Japarov addressed a message to the people. He noted that the energy sector needed a large-scale technological modernization, requiring significant investments, and it was necessary to ensure uninterrupted supply of electricity, heat and the country’s energy security. “The growing demand for energy…
The National Bank of Kyrgyzstan conducted another intervention on April 29, website of the National Bank of the Kyrgyz Republic reported. The central bank sold $17.3 million with settlements on the date of the transaction and $44,950,000 with settlements different from the date of the transaction. This is the sixth intervention since the beginning of…
GDP of Kyrgyzstan is forecast to reach 3.5% until the end of 2021, the Asian Development Outlook 2021: Financing Green and Inclusive Recovery says. Its growth may reach 5% in 2022, as restrictions associated with the coronavirus pandemic ease and economic activity recovers in the countries – main trading partners of Kyrgyzstan. The forecast may…