Russia: economic indicators decline slowed down

The decline in Russia’s key economic indicators has slowed down due to implementation of the government’s supportive measures, though they are still in the negative zone, Prime Minister Dmitry Medvedev said Tuesday. “The situation on global financial markets is still unfavorable for us. Though our key economic indicators have narrowed losses they’re still in the…

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Kyrgyzstan: GDP down in H1 2016

Kyrgyzstan’s GDP fell by 2.3% in the first half of 2016, Deputy Chairman of the National Statistics Committee of KR Lyuksina Tekeeva reported today at a press conference. According to her, since the beginning of the year, GDP amounted to slightly more than 176 billion soms. It decreased compared to 2015, although the drop is…

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Kazakhstan: electric cars to be exported to foreign countries

Prime Minister of Kazakhstan Karim Massimov familiarized with development of the car industry in Kazakhstan during his visit to “SaryarkaAutoProm” LLP in Kostanay. Massimov familiarized with the technological process, checked out the assembly shops and ready cars, grain harvesters and Kazakhstani electric cars as well. Massimov and heads of the company discussed the problems of…

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