In a statement delivered at a meeting of the High Level Panel on Water in Budapest, Tajik President Emomali Rahmon noted that the High-Level Panel on Water adopted an Action Plan, consisting of 9 priority goals and 48 objectives. Noting the importance of an adoption of the Action Plan, he expressed Tajikistan’s willingness to participate…
The Kyrgyz government believes that the main result of 2016 was the overcoming of the deep recession of the national economy and the preservation of positive dynamics of economic growth, Minister of Economy of Kyrgyzstan Arzybek Kozhoshev said at a Cabinet meeting. According to him, from the beginning of the year, the economy showed a…
Outflow of capital in January-September 2016 reached $161.3 million, the Minister of Economy Arzybek Kozhoshev said at a government meeting. According to him, economic decline and inflation in the countries – main trade partners (Russia, Belarus and Kazakhstan), were among the negative factors that affected the economy of Kyrgyzstan in 2016. In particular, inflation in…
At least 703 families got preferential mortgage loans under Affordable Housing program in Kyrgyzstan in 2016, First Deputy Prime Minister Mukhammetkaliy Abulgaziev said at a government session. According to him, the volume of lending amounted to 822 million soms. At the same time, the state mortgage loan rates decreased from 12% to 10%. At present,…
Ministry of Economy of Kyrgyzstan has agreed to revise the country’s Tax Code after criticism of businessmen. Minister of Economy Arzybek Kozhoshev said that the Tax Code had technical errors. In 2015, a group was formed, which worked on a new version of the Tax Code. The Ministry of Economy noted that the current version…
Ashgabat hosted the next meeting of the Interstate Commission for Water Coordination (ICWC) of Central Asia. The ICWC is the body of five governments, which entrusted direct functions of water resources management and development and maintenance of sustainable natural and hydro ecological processes on transboundary water resources to the ministries (State Committees, Departments) of water…
The National Bank of Ukraine (NBU) has raised its forecast for the growth of Ukraine’s gross domestic product (GDP) for 2017 to 2.8% from 2.5% and lowered the one for 2018 to 3% from 3.5%, the NBU has said. According to the central bank’s estimates, economic growth in 2016 stood at 1.8%. According to the…