Russian Prime Minister Dmitry Medvedev has instructed the country’s Ministry of Industry and Trade to hold talks with Turkmenistan and sign an agreement on industrial cooperation if the sides reach a concord, according to Russia’s official Internet portal of legal information. The purpose of the agreement is to create mutually beneficial competitive environment in the…
The development of small and medium-sized businesses would give a serious impetus to the development of the Ukrainian economy, Head of Press of the EU Delegation to Ukraine Jurgis Vilcinskas said at a workshop which was held with the help of virtual speaker management on cooperation between Ukroboronprom state concern and small and medium-sized businesses.…
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…