With external pressures subsiding, economic indicators of Kyrgyzstan have improved, but the recovery remains modest. The head of the International Monetary Fund mission Edward Gemayel said, following his visit to the Kyrgyz Republic. IMF mission visited Bishkek on February 9-15. The specialists took stock of the latest economic developments and discussed progress on economic reforms.…
The European Union has allocated to Kyrgyzstan a grant financial assistance for the development of regions. The agreement was signed in Brussels within the working visit of Almazbek Atambayev. The first tranche of EUR10 million is to be spent on the development of agriculture in Jalal-Abad region. EU will allocate EUR 72 million for 7…
In January-September 2016 the level of the shadow economy in Ukraine totaled 35% of official GDP, down by 5 YoY. This is stated in a report developed by the Ministry of Economic Development and Trade. According to the ministry, the process of de-shadowing became possible due to certain factors: relative macroeconomic stability; business climate improvement…
The main task of the Ukrainian government for 2017 is to accelerate economic growth so that people can feel the improvement in the quality of their lives, Prime Minister of Ukraine Volodymyr Groysman stated. “Our task for 2017 is to continue accelerating economic growth. And so the plan for 2017 – a budget we’ve approved…
President Emomali Rahmon held a meeting with senior representatives of the Dushanbe administration. The meeting took place at the Kokhi Borbad State Complex and members of the government, parliamentarians, heads of financial institutions as well as representatives of the public and journalists also attended the meeting. The meeting focused on issues related to seeking solution…
If Kyrgyzstan hadn’t joined the Eurasian Economic Union, the GDP growth of the country by the end of 2016 would have hardly amounted to more than 0.1%, Vice Prime Minister of Kyrgyzstan Oleg Pankratov said. According to him, integration blocks will play the main role on the world stage in the near future. At the…
To neutralize the negative tendency after Kyrgyzstan’s accession to the Eurasian Economic Union, it is needed to switch to e-document management as soon as possible, the head of the Chamber of Tax Consultants Tatyana Kim announced. Tatyana Kim cited as a negative example the large flow of unaccounted goods through the Kyrgyz-Kazakh border. The volume…