The Bishkek mayor’s office plans to raise the salaries of local government employees, Vice Mayor Ernis Zarlykov declared at the regular session of the City Council on March 16. According to him, the mayor ordered to analyze the general policy of payment to workers of local self-government. “Today, sweepers, librarians and others receive a small…
“The Russian-Kyrgyz Development Fund has become an elite business fund,” Bakyt Torobayev, leader of Onuguu Progress faction, said at a meeting of Parliament on March 16. According to him, now the fund works for the interests of certain persons. Initially, it was created in order to adapt the economy of Kyrgyzstan to the norms of…
The European Union is ready to provide all-round support to Belarus in developing small and medium-sized enterprises (SMEs), Head of the European Union Delegation to Belarus Andrea Wiktorin said at the presentation of the peer review project “Upgrading SME Capacity Through Business Support Services in Belarus” on March 15. Andrea Wiktorin emphasized the urgency of…
On March 14, the Chamber of commerce and industry of Uzbekistan held a meeting with the chairman of the board of the Canadian Business Association in Russia and Eurasia (CERBA) Nathan Hunt. In negotiations with the chairman of the Chamber of commerce and industry Alisher Shaykhov, it was noted that trade and economic cooperation between…
Over the first two months of this year, Tajikistan’s inflation has stood at 1.7%, according to the National Bank of Tajikistan (NBT). In February, inflation reportedly stood at 1.1%, up by 0.5% MoM. In January, Tajikistan’s inflation stood at 0.6%, down by 0.8% YoY. The government reportedly expects the year-end inflation for this year to…
Gross international reserves of Kyrgyzstan are growing for the second month in a row. Such conclusions can be drawn from the statistics presented by the National Bank of Kyrgyzstan. In February international reserves amounted to $1,991.49 billion. In January, the increase in reserves amounted to $13.94 million despite the interventions of the National Bank on…
Russia’s net private capital outflow increased by 6.3% YoY, to $5.1 billion in January-February, the central bank said in a statement. In January-February 2016, Russia’s net private capital outflow stood at $4.8 billion. (Prime/Business World Magazine)