Local residents held a protest in At-Bashi district of Naryn region of Kyryzstan near the building of local administration. Residents demanded to cancel lease of land to Chinese investors for construction of a logistics center. About 150 people participated in the peaceful rally. Local residents insist that the Government should involve local businessmen, and not…
Kyrgyzstan’s GDP increased by 4.5% in 2019 against the forecast of 4%, according to the information provided by the government’s press service. The GDP growth is provided by all sectors of the economy: the growth is observed in the construction industry – 10.6%, in agriculture – 2.6%, in services – 2.9%, and in industry –…
BTA Bank CJSC gave up its license for the right to conduct banking operations in national and / or foreign currency, website of the National Bank of Kyrgyzstan says. An additional license for conducting banking operations in accordance with the Islamic principles of banking and financing through “Islamic window” in national and / or foreign…
In 2019 the gross international reserves of Kyrgyzstan grew by $55.54 million, the National Bank reported. Based on the results of 2019, the gross international reserves of Kyrgyzstan reached $2,424.11 billion. This is the highest figure since 2002, when the National Bank first began to publish data on the level of the reserves. Over the…
Bishkek’s revenues will amount to 10,098,148 billion soms in 2020, draft capital’s budget says. It is planned to be approved at a session of the Bishkek City Council. The revenue side will reportedly grow by 1,559,525.5 billion soms. In 2020 it is planned to collect taxes for 8,195,983 billion soms, up by 676,753,000 soms YoY.…
A capsule has been laid in the foundation of a new school in Kok-Zhar housing estate in Bishkek, press service of the Bishkek City Hall reported. The educational institution is being built at the expense of the Republic of Azerbaijan. “The land area of 2.24 hectares was transferred for temporary use to the Azerbaijani side…
Bishkekasphaltservice drew up a list of priority streets that would be thoroughly repaired in 2020. In total, 40 kilometers of roads will be repaired – 10 kilometers in each district, including 6 kilometers with sidewalks. At least 350 million soms have been budgeted for this. 100 million soms were planned in the budget for repair…