564 fuel bases and coal sales points were opened in Kyrgyzstan, the State Committee of Industry, Energy and Subsoil Use reported. 30 coal sales points were opened in Chui region. Fuel is sold at 3,400-4,100 soms. It should be noted that last year the cost of coal was much lower – 2,700-2,800 soms per ton.…
Small hydropower plants are not built in Kyrgyzstan because it is unprofitable for the state to purchase electricity from them, Prime Minister of Kyrgyzstan Sapar Isakov said on September 21 at a meeting of the Council for Business Development and Investment. Chairman of the Investment Council Taalaibek Koichumanov said that the recommendation of the council…
Since the beginning of the year, Kyrgyzstan’s state debt has grown by $221.26 million, the Ministry of Finance reported. As of July 31 the state debt amounted to $4,286 billion, or 294,238 billion soms. At least $3,897.27 billion of the sum is external debt, and $388.80 million – internal debt. Only for a month, the…
As of July, migrants transferred $1.3 billion to Kyrgyzstan, the National Bank reported. It is noted that in July the net inflow of remittances was formed in the amount of $228.8 million. Over the month, the volume of transfers decreased by $10 million. At the same time, the main part is transfers from Russia –…
International reserves of Kyrgyzstan rose by almost $30 million in August. Such data were presented by the National Bank of the country. According to the results of August, gross international reserves amounted to $2.91.65 billion. This is the highest figure since October 2015. The National Bank spends international reserves on smoothing sharp fluctuations of the…
President of Uzbekistan Shavkat Mirziyoyev spoke about economic opportunities in the relations between the two countries at a meeting with the Prime Minister of Kyrgyzstan Sapar Isakov. He said that Uzbekistan was ready to assemble cars in the Kyrgyz Republic and import its fabrics. Shavkat Mirziyoyev recalled that in the near future the parties planned…
“This year we signed a contract for the delivery of various types of clothing to Kyrgyzstan for $2 million,” Anna Dobrykh, representative of the company “Iftkhorki Sanoat”, reported. According to her, they have been cooperating with Kyrgyz companies for two years. “At the business forum, we expect to sign more contracts. Agreements and intentions have…