Loan rates for farmers will be reduced in Kyrgyzstan in 2017, the head of the Kyrgyz government Sooronbay Jeenbekov announced. Loans for the treatment and processing of agricultural products, export-oriented agricultural production will be issued at 6% per annum for three years. Compared to 2016, the rate has been reduced by 4%. It stipulates for…
DetailsConstruction of Balykchy – Korumdu road was suspended in Kyrgyzstan, Long Hai Company employees informed. About hundred workers of the company organized a rally. The main requirement was to pay salaries for three months. Parliamentary commission headed by deputy from Kyrgyzstan faction Kanatbek Isaev went to Issyk-Kul region. However, MPs abandoned the trip halfway and…
DetailsThe state-run enterprise Ukrainian Sea Ports Authority in 2017 is scheduled to hold dredging works at seaports at the total area of about 20 million cubic meters, including capital dredging. Newly appointed acting head of the Ukrainian Sea Ports Authority Raivis Veckagans announced this during a meeting with dredging companies in the American Chamber of…
DetailsUkrainian crushers continue picking up the pace of sunseed processing in the current season of 2016/2017. Sunoil output has been hitting new monthly highs for a fourth month in a row. Ukraine’s large and medium-sized crushers produced an unprecedented 558 KMT of sunoil in December 2016 compared with 529 KMT in November 2016 and 363…
DetailsIn January-November of 2016 Kyrgyzstan decreased foreign trade turnover with the member-states of the Eurasian Economic Union (EAEU) by 16.7%, the Prime Minister of Kyrgyzstan Sooronbay Jeenbekov declared. The foreign trade turnover with the EAEU totaled $1.744 billion. In January-November 2016 the import supplies reached $3.62 billion, down by 0.1%. Imports reduced, due to lowering…
DetailsIn January seaports of Ukraine handled 10.03 million tons of cargo, up by 14.6% YoY, preliminary statistics of Ukrainian Sea Ports Authority shows. Transshipment of export cargo totaled 8.094 million tons (+30.3%), imports – 1.423 million tons (-9%), transit – 475,000 tons (-50%), inland traffic – 39,300 tons. State stevedores under the Ministry of Infrastructure…
DetailsUkraine gets about 80% of its gasoline imports from the Republic of Belarus, followed by Lithuania, Poland and Mediterranean countries, consulting group A-95 Director Serhii Kuiun has stated. “The market of gasoline imports is very diversified. We have 7-8 stable destinations. The largest one is, undoubtedly, Belarus, which covers 80% of import deliveries. Other important…
DetailsHeads of state-controlled Ukrainian banks will discuss how they will coordinate policy on the financial market, Chairman of the board of Ukraine’s largest PrivatBank Oleksandr Shlapak has said. “I’m sure we’ll agree on such issues as interest rates and a certain division of the market,” he said. After the nationalization of PrivatBank, Ukraine has got…
DetailsThe price for 1 kWh of Tajik electricity supplied to Afghanistan increased by 3% YoY, to 4.59 cents last year, Mirzo Ismoilzoda, the head of Barqi Tojik (Tajikistan’s national integrated power company), said. The price increases in accordance with an agreement signed between power companies of the two countries. This year Tajikistan will supply electricity…
DetailsAccording to the Ministry of economy of Uzbekistan, cotton fiber processing volume reached 40% in 2016, while in 1991 it was 7% only. Today the industry exports textile products to more than 50 countries. In recent years the export has been expanded to Brazil, Chile, Croatia, Nigeria and other countries. The Presidential Decree dated December…
DetailsThe board of the Central Bank of Uzbekistan decided to keep the refinancing rate at 9%, the bank said in a message. “This level of refinancing rate meets the tasks of holding effective monetary policy aimed at keeping inflation within its target forecast parameters, as well as stimulation of investment activity and the maintenance of…
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