There were fierce debates during the discussion of the new version of the Tax Code, Gulnara Uskenbaeva, head of the Association of Suppliers, said at a press conference. According to her, the state is confident that the new version is a good Tax Code. Businesses have different opinions on certain provisions, but it should be…
Due to the low water level in Toktogul reservoir, the Bishkek HPP has a plan to generate 2.5 billion kilowatt-hours of electricity, the Deputy Chief Engineer of the heating plant, Nurlan Kulzhigachev, has told the journalists. According to him, at the direction of the City Hall, supply of the city with heating started. “Before that,…
The National Bank of Kyrgyzstan conducted two interventions last week. At least $40.7 million has been spent on maintaining the som’s exchange rate. For the first time in five and a half months, the National Bank of the Kyrgyz Republic entered the foreign exchange market on September 27. Then it sold $33.1 million. The National…
The electricity tariff for the population will not change until June 2022, the Minister of Energy and Industry of Kyrgyzstan Doskul Bekmurzaev has announced at a press conference. He clarified that the new tariffs for non-domestic consumers would come into force on October 15. “Tariffs for the population remained at the same level. They will…
The head of the National Bank of Kyrgyzstan, Tolkunbek Abdygulov, is resigning. It is expected that he will officially announce his decision at a meeting of the Committee on Economic and Fiscal Policy. The press service of the National Bank does not comment on the resignation. The official representative of the National Bank of the…
“It is necessary to form a state reserve of agricultural products, raw materials and food in case of emergencies, be it bad weather or poor harvest,” the Chairman of the Cabinet of Ministers of Kyrgyzstan Ulukbek Maripov has said at a meeting on stabilization of food prices. According to him, the situation with coronavirus infection…
The peak of economic recovery is expected in the fourth quarter of 2021 – the first quarter of 2022, the Eurasian Development Bank (EDB) says. At the same time, it is noted that the low-water period poses risks to economic activity. The EDB’s forecast assumes a slowdown in price growth next year, given the stability…