Tajikistan intends to increase its gold-and-currency reserves, according to the National Bank of Tajikistan (NBT). The country’s gold-and-currency reserves rose by 37% YoY by December 31, 2016, reaching $681.98 million, which was an equivalent of about 2.7 months of imports. Last year, Tajikistan’s average monthly imports amounted to $252 million. As of January 1, 2016…
73 villages of Kyrgyzstan have no mobile communications, the director of the State Committee for Information Technology and Communications Bakyt Sharshembiev said. According to him, the agency has made a plan under which each mobile company at its own expense should connect these villages to mobile communications in the next three years. «Today Kyrgyzstan has…
Transfer of Ungar-Too station is out of question, the director of the State Committee for Information Technology and Communications Bakyt Sharshembiev said. According to him, the conversation was about the construction of another station in the same area to amplify signals. «At the moment the station on Ungar-Too is operating normally,” Bakyt Sharshembiev said. In…
As of December 31, 2016 the size of the national debt of Kyrgyzstan amounted to $4,105 billion, the Minister of Finance Adylbek Kasymaliev declared. According to him, the domestic public debt amounted to $322.7 million and the external – $3,782.74 billion. “The size of the external debt to GDP amounted to 57.2%. By law, the…
In 2016 Kyrgyzstan produced fewer clothes, but most of the metal ore. This was stated at a meeting of the board of the State Committee for Industry, Energy and Subsoil Use. According to its deputy chairman Kuban Myrzakanov, over the past year the industry produced goods at 205,265.6 billion soms, and without companies developing the…
Projects on improvement of water supply worth $110.4 million are implemented in 22 towns of Kyrgyzstan, the Director of the Department of Drinking Water Supply and Disposal Development under the State Agency for Architecture, Construction and Housing Askarbek Toktoshev said at cabinet meeting. According to him, 65% of the total amount of funds raised is…
The government of Tajikistan has initiated the formation of the reserve fund in the national budget for extraordinary expenses. The so-called “safety cushion” will be created from the resources of state-owned enterprises (SOE) with an allowance for potential risk from them. The strategy of managing fiscal risks from state-owned enterprises designed for the period until…