Tax and insurance payments arrears of entrepreneurs could be restructured, the Ministry of Economy and Finance of Kyrgyzstan reports. The ministry noted that a law was signed in August 2020 on restructuring arrears on accrued interest, penalties, tax sanctions and fines on insurance payments. It was adopted to support citizens, business and the financial sector…
Turkish cafe Taksim – Bir Tuugandar closed down in Bishkek. Owner of the cafe, Ali Iflazoglu, posted about it in social networks. According to him, he opened the food outlet 14 years ago. “Perhaps, this is the last video I shoot in Kyrgyzstan. I appeal to the President of Turkey Recep Tayyip Erdogan. At a…
The Government of Kyrgyzstan imposed a ban on the export of sugar and vegetable oil due to rise in their prices, the Minister of Agriculture, Water Resources and Regional Development of the republic Askarbek Dzhanybekov announced at a briefing. According to him, the authorities are trying to do everything possible to prevent shortage of essential…
The Government of Kyrgyzstan banned export of mineral fertilizers, Prime Minister Ulukbek Maripov announced at a meeting of the Cabinet of Ministers. He has signed a relevant decree. “When we ourselves import mineral fertilizers and feel their shortage in the country, it is not worth selling them abroad,” Ulukbek Maripov said. (24.kg/Business World Magazine)
A plan of practical measures (roadmap) to expand and deepen cooperation between Uzbekistan and Kyrgyzstan in the industrial field was signed during a state visit of Sadyr Japarov to Uzbekistan. It is planned to implement 60 projects for $ 550.4 million: – Creation of the Uzbek-Kyrgyz Development Fund with the announced capital at the first…
Presidents of Kyrgyzstan and Uzbekistan agreed on joint operation of hydropower facilities, Shavkat Mirziyoyev said following the talks with Sadyr Japarov. According to him, the countries start implementation of large hydropower projects. “Our companies are working out the issues of joint construction and operation of hydropower projects. These are very serious and large objects. We…
In January, migrants transferred $151.5 million to Kyrgyzstan, down by $65.5 million MoM. The National Bank of Kyrgyzstan presented such data. Compared to January 2020, the figure increased by $3 million. Russia accounts for more than 97% of remittances – $146.9 million. $1.1 million was transferred from other states to the Kyrgyz Republic and $2.4…