Monday, June 07, 2010

Turkey to grant $21M to Kyrgyzstan

Turkey will allocate for Kyrgyzstan $21 million. The agreement was reached during a working visit of the first deputy head of the interim government Almazbek Atambayev in Turkey last week.

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Thursday, June 03, 2010

Politics may slow economic growth in Kyrgyzstan 2010

Economic growth of Kyrgyzstan may slow down due to politics in 2010, National Bank of the Kyrgyz Republic informs.

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Thursday, June 03, 2010

Batyrkul Baetov: Russian credit funds should be directed for financing coal sector projects

“Funds of the Russian credit should be directed for financing of projects in coal sector”, said State Secretary of the Ministry of Energy Batyrkul Baetov at the V session of the mining and metallurgical trade union of Kyrgyzstan today, on 3 June 2010.

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Wednesday, June 02, 2010

Kyrgyzstan. Save the economy

Kyrgyz economy after April bloody upheavals develops not of the best efforts. Business community having lost thumping damages due to closed borders (some of the state borders were closed since 7th April) and general political situation in the country. Anyway life goes on and restoring of the economy demands much energy. It will depend not only on business sector itself, but also discretionary decisions of the new authorities. Thus, they are expressing a wish for cooperation. But what makes us puzzled? Whether it as a race for more points and a fight for confidence among businessmen in electoral race or it is really an attempt to stabilize economy? It is still remains unknown.

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Tuesday, June 01, 2010

Osmonbek Artykbaev: budget deficit of energy system amounts 1.52 million soms

“In Kyrgyzstan budget deficit of energy system amounts 1.52 million soms for 2010”, Osmonbek Artykbaev, acting minister of energetic, stated today at meeting with donors.

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