Day: 18 October 2024

On the establishment of the Trading Company of the Kyrgyz Republic

By the Order of the Cabinet of Ministers of the Kyrgyz Republic dated August 23, 2024 No. 499-r, a Trading Company with 100% state participation in its authorized capital was established. The founder of this...

State Trading Company Established in Kyrgyzstan

A new Trading Company with full state participation has been created in Kyrgyzstan, the purpose of which is to monitor trade flows and streamline international trade. The founder of the company is the country’s Ministry...

A state-owned company has been created in the Kyrgyz Republic to control foreign trade operations

A state trading company has been created in Kyrgyzstan to control foreign trade operations. On August 23, 2024, the Cabinet of Ministers of the Kyrgyz Republic approved Order No. 499-r on the establishment of a...

State Trading Company Established in Kyrgyzstan

A Trading Company with 100% state participation in its authorized capital has been established in Kyrgyzstan. The founder of the company is the Ministry of Economy and Commerce of the Kyrgyz Republic. “This company was...

Average salaries have increased in Kyrgyzstan

The country expects increased economic activity. The economy of Kyrgyzstan is growing. This is evidenced by the analysis of the World Bank. According to the financial institution, since the beginning of this year, the forecast...

New Horizons in Trade: Uzbekistan and Kyrgyzstan Expand Economic Cooperation

Trade and economic relations between Uzbekistan and Kyrgyzstan continued to develop in a positive direction in 2023. At the end of the year, trade turnover between the countries amounted to $380.9 million, which is 14.7%...

Kyrgyzstan’s economic growth was 7.4%

In January 2024, economic growth was 7.4%. This was reported today at a press conference by the National Statistical Committee. The gross domestic product in January, according to preliminary estimates, amounted to 73.2 billion soms...

Investment and consumption remain key drivers of economic growth in Kyrgyzstan

The Kyrgyz economy continues to grow strongly, driven mainly by investment and consumer demand, according to the EDB Macroeconomic Review for August 2024. According to the report, investment activity increased by 43.3% in January-June 2024...

Ambassador of Turkmenistan held a meeting with the Minister of Economy of Kyrgyzstan

On August 27, Ambassador Extraordinary and Plenipotentiary of Turkmenistan to Kyrgyzstan Nury Golliyev met with Minister of Economy and Commerce of Kyrgyzstan Daniyar Amangeldiev. This was reported by the online publication “Türkmenistan habarlar portaly”. The...

Uzbekistan and Kyrgyzstan to build resorts on Chatkal land together

The resort projects were presented within the framework of the business forum “Kyrgyzstan-Uzbekistan”, the correspondent of Podrobno.uz reports. A year-round resort with ski resorts “Chapchyma” in the Chatkal district and “Chatka” on the Besh-Salaa section...

Rehabilitation of Toktogul hydroelectric power station – data from the Ministry of Energy

Six months have passed since the start of the reconstruction of the Toktogul hydroelectric power station, during which time more than 80 percent of the key work on the modernization project has been completed, the...

In the first half of the year, the inflow of funds from the population into deposit accounts in banks amounted to 30.3 billion soms

The volume of household funds attracted to bank deposit accounts (taking into account the outflow) in the first half of 2024 amounted to 30 billion 271.6 million soms, which is 38.5% more than in January-June...

Experts spoke about the volumes of sugar production in the Kyrgyz Republic and support for farmers

Kyrgyzstan has grown a good harvest of sugar beets, there will be no sugar shortage. This is good news for consumers, but farmers are concerned about the issue of selling the product at an adequate...

Gold could rise in price to $3 thousand per ounce. Forecast made at WEF

The price of gold may rise to $3,000 per troy ounce within one and a half to two years. This opinion was expressed to RIA Novosti by the president of the polymetallic holding Seligdar, Alexander...

Kyrgyz textiles are released under Italian brands

Products made by Kyrgyz garment workers are in great demand abroad. This was reported in an interview by the President of the Association of Markets, Trade and Services Enterprises Sergey Ponomarev. “Someone might be interested,...