The Ministry of Economy and Commerce of the Kyrgyz Republic and the International Finance Corporation have signed an agreement on the provision of financial consulting services for the public-private partnership project Modernization and Development of Manas Airport. The International Finance Corporation will conduct a multilateral expert appraisal and structuring of the public-private partnership (PPP) project.…
Construction of small hydroelectric stations is currently in an active phase in Batken, Jalal-Abad, Issyk-Kul and Osh regions of Kyrgyzstan, the Ministry of Energy and Industry reports. A legal framework has already been created for the construction of small hydroelectric stations. Regulatory documents have been adopted that make it possible to provide preferences for investors…
Food prices continue will grow in Kyrgyzstan. The National Statistical Committee provided such data. In January-September, compared to the end of 2020, the increase in consumer prices and tariffs in the country as a whole reached 6.5%. During the period, the largest price increase was registered for buckwheat (+31.6%), lemons (+47%), vegetable oil (+21.5%) and…
At least 30 new Isuzu buses will start serving the routes in Bishkek on October 18, Maksat Nusuvaliev, head of the City Transport Department of the capital’s City Hall has reported. He reminded that on May 11 a memorandum was signed with Eco Passenger Transportation LLC on the supply of 1,000 buses in 2021-2023 on…
In September, the gross international reserves of Kyrgyzstan reached their historic highs since the founding of the National Bank – $3,241.14 billion. Over the past month, gross international reserves grew by $380.4 million. At the same time, since the beginning of the year, the reserves have increased by $433.03 million, and compared to August 2020,…
Acting Chairman of the Cabinet of Ministers of Kyrgyzstan Akylbek Japarov answered the questions of the members of the Parliament. Parliament is to approve the new composition of the Cabinet of Ministers. He promised that the government would try to fulfill its obligations. The official noted that his generation of politicians was responsible for everything…
The President of Kyrgyzstan Sadyr Japarov has met with the Minister of Foreign Affairs of the Republic of India Subrahmanyam Jaishankar, who is in the country on an official visit. The parties exchanged views on the development of Kyrgyz-Indian cooperation in all areas of interest, including in trade and economic, military, defense, cultural, humanitarian and…