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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Friday, May 28, 2010

Kemal Izmailov: Socio-economic situation in Kyrgyzstan is worsening

“Situation in Kyrgyzstan is developing towards worsening of socio-economic situation”, stated Director of the Institute for policy researches and analysis Kemal Izmailov at the press conference today, on 28 May 2010.

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Thursday, May 27, 2010

Kyrgyz budget income to amount to 3.8 bln soms in June 2010

Kyrgyzstan state budget income is expected to hit 3 billion 815 million soms in June 2010, the Ministry of Finance informs.

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Wednesday, May 26, 2010

Liquidation of Development Fund – mistake

“The decree of the Interim Government about liquidation of the Development Fund of Kyrgyzstan was a mistake”, stated the Interim Government Vice Chairman, acting Minister of Finance Temir Sariev at the press conference today, on 26 May, 2010.

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Wednesday, May 26, 2010

Temir Sariev talks over Kyrgyzstan’s budget

“At present the budget of Kyrgyzstan has 9 billion 944 million 821 thousand soms”, stated the Interim Government Vice Chairman, acting Minister of Finance Temir Sariev at the meeting with representatives of civil society.

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Tuesday, May 25, 2010

Roza Otunbaeva says no $1M “carve-up” in government

I can say with confidence there was not a “carve-up” of $1 million by the members of the interim government, Roza Otunbaeva, head of the interim government has stated Tuesday.

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