Kyrgyz entrepreneurs took part in Import Goods Fair International Exhibition in Seoul, the Embassy of the Kyrgyz Republic in South Korea reported. The companies Aman-Greenfood, Variant and Aisuluu for the first time presented a wide range of national products and beverages. They brought honey, nuts, dried fruit, cherries and cognac “Kyrgyzstan” to the exhibition. Korean…
The National Bank of Kyrgyzstan intends to increase the share of gold in the gross international reserves from 16% to 50%, the Chairman of the National Bank Tolkunbek Abdygulov stated. According to him, this is what the National Bank can do in an attempt to protect itself from the volatility of currencies in China and…
The Ministry of Transport and Roads decided on contractor for the project to improve the CAREC Transport Corridor No. 3 (Bishkek-Osh road), Phase 4, Madaniyat-Jalal-Abad section, the press service of the ministry reported. Tender proposals were submitted by four companies – Xinjiang Beixin Road & Bridge Group Co. (China), Gezhouba Group Company (China), Corporation Eurotrakt…
In 2017 the National Bank of the Kyrgyz Republic transferred 2.1 billion soms to the country’s budget, the Chairman of the National Bank Tolkunbek Abdygulov stated at the meeting of the parliamentary committee on budget and fiscal policy. According to him, in 2016 the bank conducted 52 interventions, and in 2017 – 21. “This is…
Bishkek and Tashkent agreed to continue the summer supply of electricity from Kyrgyzstan to Uzbekistan, Electric Stations JSC reported. According to its data, from June 8 until the end of August, Kyrgyzstan will sell electricity to its neighbors. It is planned to export 500 million kilowatt-hours at a price of 2 cents per kilowatt. Daily…
Kyrgyzstan plans to export meat to China, the Director of the State Inspection for Veterinary and Phytosanitary Safety Kalys Zhumakanov announced. Earlier Kyrgyzstan and China signed a memorandum on the creation of a zone free from foot and mouth disease. According to Kalys Zhumakanov, an agreement on joint struggle against transboundary diseases will help export…
In January-April at least 7,752,922.2 billion soms were allocated from the republican budget for servicing the state debt, the Ministry of Finance reported. According to it, 3,642.9 billion soms were spent on external debt. About 4,109.9 billion soms have been allocated from the treasury to repay the internal debt. As of March 31, Kyrgyzstan’s state…