“Too much attention has been paid to energy independence in recent years. We have spent $1 billion on this, but in the end, we live with a shortage of electricity,” honored power engineer of Kyrgyzstan Kaliy Rakhimov has said at a round-table conference. According to him, the energy system has not seen any development for…
Air Kyrgyzstan OJSC could not withstand the competition due to the entry into market of the Turkish airline Pegasus, Russian Ural Airlines, S7, Yamal and private Kyrgyz airlines, report of the Accounts Chamber of Kyrgyzstan on the results of audit of the company for 2018-2019 showed. According to the results of financial and production activities,…
“We are forced to introduce temporary mechanisms that are able to restrain the growth of electricity consumption,” the Minister of Energy and Industry of Kyrgyzstan Kubanychbek Turdubaev has declared. According to him, the decision to increase the limit of electricity consumption in winter to 1,000 kilowatt-hours was made so that consumers could save money and…
An interdepartmental working group was formed to develop a draft of a new version of the Tax Code, the Ministry of Economy and Finance of Kyrgyzstan reported. The main goal is to adapt the tax legislation of Kyrgyzstan to modern economic conditions and create favorable conditions for activities of taxpayers. It is planned to simplify…
Two more kindergartens will be commissioned in Osh city in the middle of the year, press service of the City Hall of the southern capital of Kyrgyzstan reports. The Vice Mayor of the city, Zhasur Azimov, checked the facilities under construction. He visited three kindergartens – No. 30 Aidanek for 100 children, a kindergarten Turan…
While the authorities of Kyrgyzstan are changing the Constitution and holding elections, the situation in the country is deteriorating. Drop in GDP continues, as well as the rise in prices for almost all products. Experts’ forecasts are disappointing. Improvement can be expected only until the end of the year, but on condition that the epidemiological…
At least 734.4 million soms were allocated from the budget of Kyrgyzstan to pay off interest rates on loans of citizens in the amount of up to 100,000 soms, Ulan Japarov, a leading specialist at the Planning and Mid-Term Budget Forecasting Department of the Ministry of Economy and Finance, announced. According to him, recipients of…