“The monetary policy of the National Bank of Kyrgyzstan for 25 years of work had no negative effect on the country’s gold and currency reserve,” Deputy Head of the Department for Financial and Economic Analysis and Monitoring of the Development of the President’s Staff Artem Novikov said at a conference “Formation and Development of the…Details
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Renovation and decoration of the foyer of Parliament will cost 565,000 soms, the Public procurement portal reports. It is planned to renovate the voluminous text with gold coating “Jogorku Kenesh of the Kyrgyz Republic.” In addition, it is necessary to make a new logo of Parliament with the size of 2 meters. Flagpoles with a…Details
Thorough road repair should be launched in Ukraine starting from April 1. There are all the necessary funds for this purpose, Prime Minister of Ukraine Volodymyr Groysman said. “Starting from April 1, we can launch thorough road repair in Ukraine,” he said. Groysman noted he was not pleased with the current condition of Ukrainian roads…Details
Expected Russian inflation for the next 12 months fell to 11.2% in March from 12.9% in February, the central bank said in a report on March 30. According to the survey, 23% of respondents believe that inflation will reach the target of 4% set by the central bank for 2017, against 18% in February. “This…Details
KazMunayGas and Uzbekneftegaz signed a cooperation agreement to jointly develop oil product marketing and logistics, set up crude oil supply to Uzbekistan, and ensure oil transit across Kazakhstan. Uzbekneftegaz also signed a memorandum of understanding with Kazakhstan’s energy ministry to cooperate in oil and gas industry. According to KazMunayGas, KazTransOil pipelines may be reconstructed and…Details
Historically important, Uzbekistan’s silk sector has seen structural reforms since independence, attracting foreign investment, upgrading production techniques, and expanding production. Boasting good natural conditions, Uzbekistan has 80 million plants and 51,000 hectares of plantations, producing 26,000 tons of cocoons. The silk sector has been stunted in recent years by falling demand worldwide and outdated production…Details
Center “Development of Corporate Social Responsibility”, First Ukrainian International Bank and Ukrsibbank BNP Paribas Group signed a memorandum on cooperation in the implementation of the educational project “Your Future in the Banking sector”. Within the framework of the project, a detailed map of banking professions will be developed, a web portal for free access to…Details