The Committee on Agrarian Policy, Water Resources, Ecology and Regional Development of the Parliament considered the draft law On the national budget of Kyrgyzstan for 2020 and the forecast for 2021-2022 in the first reading. The press service of the parliament reported on Monday.
Information on the bill was presented by the First Vice Prime Minister of Kyrgyzstan Kubatbek Boronov and the Deputy Minister of Finance Almazbek Azimov.
It was indicated that the total amount of state budget revenues, taking into account state investment grants for 2020, is projected in the amount of KGS183 billion 708 million, or at the level of 27.5% of GDP. Total revenues of the national budget, taking into account state investment grants in 2020, are provided in the amount of KGS163 billion 710 million. The total expenditures of the national budget for 2020 is set at 173 billion 663 million som, 26.0% of GDP. In the period 2021-2022. National budget expenditures will amount to 173 billion 498 million som and 174 billion 967 million som, respectively. The deficit of the national budget for 2020 will amount to 9 billion 953 million som or 1.5% of GDP.
MP Rada Tumanbaeva noted that payment of 15 thousand som for the red book creates difficulties for residents in rural areas.
“It is necessary to conduct a one-time campaign and reduce the cost of this service,” R. Tumanbaeva emphasised, adding that it is also necessary to timely pay financial resources for the construction of roads and irrigation systems in the regions.
Committee Chairman Nurbek Alimbekov emphasised that the issue of building a phytosanitary laboratory in Kyrgyzstan should be a priority.
Following the discussion, the committee decided to consider the bill again at its next meeting, taking into account the proposals and comments of the deputies.
Reported by KyrTAG (Kyrgyzstan).
The National Statistics Committee of Kyrgyzstan is conducting works on organization and conducting of the national census of population and housing facilities, the Committee reported.
The census is held every 10 years in Kyrgyzstan. The upcoming census is scheduled for March 2020.
The results of previous national censuses and housing facilities in...
The National Statistics Committee of Kyrgyzstan is conducting works on organization and conducting of the national census of population and housing facilities, the Committee reported.
The census is held every 10 years in Kyrgyzstan. The upcoming census is scheduled for March 2020.
The results of previous national censuses and housing facilities in...
Kyrgyzstan is completing its Turkic Council Chairmanship, President Sooronbai Jeenbekov said at the meeting of the Turkic Council Summit in Baku.
“We have made all possible efforts for further development of the Organization during chairmanship, strengthening of a productive cooperation and friendly ties between the states,” he said.
“Since establishment of the...
Kyrgyzstan is completing its Turkic Council Chairmanship, President Sooronbai Jeenbekov said at the meeting of the Turkic Council Summit in Baku.
“We have made all possible efforts for further development of the Organization during chairmanship, strengthening of a productive cooperation and friendly ties between the states,” he said.
“Since establishment of the...
By the end of the year, the Kyrgyz government plans to reduce mortgage rates to 6-8% per annum, the government of Kyrgyzstan reported.
To ensure the availability of a mortgage loan, interest rates have been reduced 3 times since the launch of the Kyrgyz Government's Affordable Housing 2015-2020 program. In 2016,...
By the end of the year, the Kyrgyz government plans to reduce mortgage rates to 6-8% per annum, the government of Kyrgyzstan reported.
To ensure the availability of a mortgage loan, interest rates have been reduced 3 times since the launch of the Kyrgyz Government's Affordable Housing 2015-2020 program. In 2016,...
During the years of the implementation of the Affordable Housing 2015-2020 program of the Government of Kyrgyzstan, budget loans amounting to 4.2 billion som were allocated from the national budget in 2016-2019, the press service of the Government of Kyrgyzstan reported.
At the expense of working capital of the State Mortgage...
During the years of the implementation of the Affordable Housing 2015-2020 program of the Government of Kyrgyzstan, budget loans amounting to 4.2 billion som were allocated from the national budget in 2016-2019, the press service of the Government of Kyrgyzstan reported.
At the expense of working capital of the State Mortgage...
Businessman Subihi Parkhati was detained in Kyrgyzstan in the framework of a criminal case against former president of the country Almazbek Atambayev.
It is known that Subihi Parkhati was handed a notice on suspicion of a crime.
“Previously, the businessman was wanted. The Pervomaisky District Court of Bishkek chose for him a preventive measure in form of a recognizance not to leave city. According to preliminary data, Subihi Parkhati is suspected...
Businessman Subihi Parkhati was detained in Kyrgyzstan in the framework of a criminal case against former president of the country Almazbek Atambayev.
It is known that Subihi Parkhati was handed a notice on suspicion of a crime.
“Previously, the businessman was wanted. The Pervomaisky District Court of Bishkek chose for him a preventive measure in form of a recognizance not to leave city. According to preliminary data, Subihi Parkhati is suspected...
Some 578 non-bank financial and credit institutions and 278 their branches were functioning in the country in the first half of 2019, Tazabek reports with reference to the National Statistical Committee.
The number of their clients by July 1 made 560,100 legal entities and individuals and has grown 1.5 times since...
Some 578 non-bank financial and credit institutions and 278 their branches were functioning in the country in the first half of 2019, Tazabek reports with reference to the National Statistical Committee.
The number of their clients by July 1 made 560,100 legal entities and individuals and has grown 1.5 times since...
A historic high inflow of FDIs from Turkey took place in 2015 when Turkey invested $1.5 billion in Kyrgyzstan, said Deputy Economy Minister Sultan Akhmatov. This is linked to the opening of Russian-Kyrgyz Development Fund, he noted.
Turkey invested mostly into construction sector, trade and processing sectors.
MP Bahadyr Sulaimanov asked why...
A historic high inflow of FDIs from Turkey took place in 2015 when Turkey invested $1.5 billion in Kyrgyzstan, said Deputy Economy Minister Sultan Akhmatov. This is linked to the opening of Russian-Kyrgyz Development Fund, he noted.
Turkey invested mostly into construction sector, trade and processing sectors.
MP Bahadyr Sulaimanov asked why...
The dollar gained for a second consecutive day on Tuesday as fading optimism over the latest China-U.S. trade truce prompted traders to buy the greenback after a selloff last week.
The greenback had come under selling pressure recently as the combination of some tepid U.S. data and hopes of a breakthrough...
The dollar gained for a second consecutive day on Tuesday as fading optimism over the latest China-U.S. trade truce prompted traders to buy the greenback after a selloff last week.
The greenback had come under selling pressure recently as the combination of some tepid U.S. data and hopes of a breakthrough...
Gold held steady on Tuesday as optimism surrounding U.S.-China trade talks faded and investors awaited the outcome of crucial discussions that will determine how Britain leaves the European Union, while deficit-hit palladium touched a record high.
Spot gold edged down 0.1% to $1,490.70 per ounce as of 0711 GMT. U.S. gold...
Gold held steady on Tuesday as optimism surrounding U.S.-China trade talks faded and investors awaited the outcome of crucial discussions that will determine how Britain leaves the European Union, while deficit-hit palladium touched a record high.
Spot gold edged down 0.1% to $1,490.70 per ounce as of 0711 GMT. U.S. gold...
Nickel prices rebounded on Tuesday after heavy losses a day earlier, while copper was weighed down by worries about weak economic growth.
Traders said it was unclear who was behind the selling during final open outcry trading on Monday on the London Metal Exchange that fuelled a $825 tumble of nickel...
Nickel prices rebounded on Tuesday after heavy losses a day earlier, while copper was weighed down by worries about weak economic growth.
Traders said it was unclear who was behind the selling during final open outcry trading on Monday on the London Metal Exchange that fuelled a $825 tumble of nickel...
In September of this year, Severelectro provided electricity to consumers for 416.3 million som. Payments amounted to 427.3 million som, the distribution company reported.
In September, payments from the population were collected at 99.9%, from budget organisations at 111.5%, from industrial facilities at 103.6%, from other consumers at 103.2%, from agricultural...
In September of this year, Severelectro provided electricity to consumers for 416.3 million som. Payments amounted to 427.3 million som, the distribution company reported.
In September, payments from the population were collected at 99.9%, from budget organisations at 111.5%, from industrial facilities at 103.6%, from other consumers at 103.2%, from agricultural...
The Kyrgyz parliamentary committee for international affairs, defense and security is considering the draft law on ratification of the agreement between Kyrgyzstan and Turkey on mutual promotion and protection of investments signed on April 9, 2018 in Ankara in the first reading.
Draft law is aimed at attraction of investments from...
The Kyrgyz parliamentary committee for international affairs, defense and security is considering the draft law on ratification of the agreement between Kyrgyzstan and Turkey on mutual promotion and protection of investments signed on April 9, 2018 in Ankara in the first reading.
Draft law is aimed at attraction of investments from...
466.9 tonnes of goods were exported from Kyrgyzstan to Azerbaijan in Jan-Apr 2019, the State Tax Service of Kyrgyzstan said.
The goods exported to Azerbaijan totaled $549,500 or 38,356,200,000 som.
In Jan-Apr 2019, the exports to the far abroad and CIS nations amounted to 617,547.59 tonnes.
Reported by AKIpress (Kyrgyzstan).
...466.9 tonnes of goods were exported from Kyrgyzstan to Azerbaijan in Jan-Apr 2019, the State Tax Service of Kyrgyzstan said.
The goods exported to Azerbaijan totaled $549,500 or 38,356,200,000 som.
In Jan-Apr 2019, the exports to the far abroad and CIS nations amounted to 617,547.59 tonnes.
Reported by AKIpress (Kyrgyzstan).
...Kyrgyz banks issued more than 9.8 thousand loans to farmers in the amount of 4 billion 933 million som. Lending is carried out within the framework of the project Financing of Agriculture 7. Such data were provided by the State Agency for Budget Credit Management.
2.8 thousand loans worth 1 billion...
Kyrgyz banks issued more than 9.8 thousand loans to farmers in the amount of 4 billion 933 million som. Lending is carried out within the framework of the project Financing of Agriculture 7. Such data were provided by the State Agency for Budget Credit Management.
2.8 thousand loans worth 1 billion...
Chicago soybeans slid on Tuesday as the market fell from its highest in 16 months on concerns over dismal demand in top importer China, although the decline was checked by adverse U.S. weather. Wheat fell, easing from a three month high while corn lost ground. The most-active soybean contract on...
Chicago soybeans slid on Tuesday as the market fell from its highest in 16 months on concerns over dismal demand in top importer China, although the decline was checked by adverse U.S. weather. Wheat fell, easing from a three month high while corn lost ground. The most-active soybean contract on...
Since the beginning of the year, more than 795 thousand square metres of housing have been commissioned in Kyrgyzstan, the National Statistical Committee of Kyrgyzstan reported.
“In January-September 2019, residential buildings with a total area of 795.8 thousand square metres were commissioned, which is 16.1% more than in January-September 2018. The...
Since the beginning of the year, more than 795 thousand square metres of housing have been commissioned in Kyrgyzstan, the National Statistical Committee of Kyrgyzstan reported.
“In January-September 2019, residential buildings with a total area of 795.8 thousand square metres were commissioned, which is 16.1% more than in January-September 2018. The...
Oil prices steadied on Tuesday after two days of losses amid U.S.-China trade talks which have investors on edge, but OPEC said it hoped to balance markets beyond 2020 in a sign of possible further supply curbs.
Brent crude fell 4 cents, or 0.07%, to $59.31 a barrel by 1230 GMT,...
Oil prices steadied on Tuesday after two days of losses amid U.S.-China trade talks which have investors on edge, but OPEC said it hoped to balance markets beyond 2020 in a sign of possible further supply curbs.
Brent crude fell 4 cents, or 0.07%, to $59.31 a barrel by 1230 GMT,...
British prompt wholesale gas prices rose on Tuesday morning supported by significant gas-for-power demand and the expectation of rising residential consumption on Wednesday.
Day-ahead gas rose by 1.00 pence to 30.00 p/therm by 0900 GMT.
Gas for within-day delivery rose by 0.60 p to 30.25 p/therm.
The UK gas system was 1.2 million...
British prompt wholesale gas prices rose on Tuesday morning supported by significant gas-for-power demand and the expectation of rising residential consumption on Wednesday.
Day-ahead gas rose by 1.00 pence to 30.00 p/therm by 0900 GMT.
Gas for within-day delivery rose by 0.60 p to 30.25 p/therm.
The UK gas system was 1.2 million...
More than 70 scientists, politicians and experts from Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan developed a common programme to solve problems related to biodiversity conservation, land degradation and climate change at a regional trialogue Oct. 9-11 in Almaty.
Central Asia has arid and semi-arid areas characterised by serious transboundary desertification,...
More than 70 scientists, politicians and experts from Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan developed a common programme to solve problems related to biodiversity conservation, land degradation and climate change at a regional trialogue Oct. 9-11 in Almaty.
Central Asia has arid and semi-arid areas characterised by serious transboundary desertification,...
The 7th summit of the Cooperation Council of Turkic Speaking States (Turkic Council) has kicked off in the capital of Azerbaijan Baku.
The event is being attended by heads of the member-states including President of Turkey Recep Tayyip Erdoğan, President of Azerbaijan Ilham Aliyev, President of Kyrgyzstan Sooronbay Jeenbekov and the...
The 7th summit of the Cooperation Council of Turkic Speaking States (Turkic Council) has kicked off in the capital of Azerbaijan Baku.
The event is being attended by heads of the member-states including President of Turkey Recep Tayyip Erdoğan, President of Azerbaijan Ilham Aliyev, President of Kyrgyzstan Sooronbay Jeenbekov and the...
Aeroflot’s fleet will be reduced for the first time over the past 12 years, Vedomosti writes citing data provided by the air carrier. At the end of 2018, it tallied up a total of 253 airliners, not counting the 50 Russian-made Sukhoi Superjet 100 planes that it already has.
The company...
Aeroflot’s fleet will be reduced for the first time over the past 12 years, Vedomosti writes citing data provided by the air carrier. At the end of 2018, it tallied up a total of 253 airliners, not counting the 50 Russian-made Sukhoi Superjet 100 planes that it already has.
The company...
In September 2019, APK-Inform analysts adjusted the supply & demand balances of grain crops in Russia, and increased the forecast of grains production in the season-2019/20 to 124 mln tonnes, up 1.8% compared with the previous estimations.
The forecast increased, in accordance with the similar preliminary figures of the Ministry of...
In September 2019, APK-Inform analysts adjusted the supply & demand balances of grain crops in Russia, and increased the forecast of grains production in the season-2019/20 to 124 mln tonnes, up 1.8% compared with the previous estimations.
The forecast increased, in accordance with the similar preliminary figures of the Ministry of...
The Russian rouble remained unchanged on Tuesday, below a two-week high reached last week, with falling oil prices cancelling out potential gains ahead of Wednesday’s OFZ treasury bond auctions.
Market activity is expected to return to usual levels on Tuesday as traders in the United States return from a public holiday.
At...
The Russian rouble remained unchanged on Tuesday, below a two-week high reached last week, with falling oil prices cancelling out potential gains ahead of Wednesday’s OFZ treasury bond auctions.
Market activity is expected to return to usual levels on Tuesday as traders in the United States return from a public holiday.
At...
China stocks retreated on Tuesday after five straight sessions of gains, as the latest factory gate data added to China’s economic woes and a deal to end the trade war with the United States remained elusive.
The CSI300 index fell 0.4%, to 3,936.46, by the end of the morning session, while...
China stocks retreated on Tuesday after five straight sessions of gains, as the latest factory gate data added to China’s economic woes and a deal to end the trade war with the United States remained elusive.
The CSI300 index fell 0.4%, to 3,936.46, by the end of the morning session, while...
China's consumer prices in September remained within the annual target of around 3 percent, with more stabilizing macroeconomic measures to take effect in the near future.
The country's consumer price index (CPI), a main gauge of inflation, rose 3 percent year on year in September, up from 2.8 percent in August...
China's consumer prices in September remained within the annual target of around 3 percent, with more stabilizing macroeconomic measures to take effect in the near future.
The country's consumer price index (CPI), a main gauge of inflation, rose 3 percent year on year in September, up from 2.8 percent in August...
China's transportation industry has expanded steadily in September as an index measuring the vitality of the sector remained at a high level, according to the China Academy of Transportation Sciences.
The China Transportation Services Index (CTSI) stood at 175.7 points last month, up 4.3 percent year on year, as the travel...
China's transportation industry has expanded steadily in September as an index measuring the vitality of the sector remained at a high level, according to the China Academy of Transportation Sciences.
The China Transportation Services Index (CTSI) stood at 175.7 points last month, up 4.3 percent year on year, as the travel...
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) |
|---|---|---|---|---|---|---|
| CL1:COMWTI Crude Oil (Nymex) | USD/bbl. | 52.89 | +0.08 | +0.15% | Nov 2019 | 1:38 AM |
| CO1:COMBrent Crude (ICE) | USD/bbl. | 58.85 | +0.11 | +0.19% | Dec 2019 | 1:38 AM |
| XB1:COMRBOB Gasoline (Nymex) | USd/gal. | 161.76 | +0.32 | +0.20% | Nov 2019 | 1:27 AM |
| NG1:COMNatural Gas (Nymex) | USD/MMBtu | 2.34 | +0.00 | +0.13% | Nov 2019 | 1:35 AM |
| HO1:COMHeating Oil (Nymex) | USd/gal. | 191.59 | +0.59 | +0.31% | Nov 2019 | 1:38 AM |
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) |
|---|---|---|---|---|---|---|
| GC1:COMGold (Comex) | USD/t oz. | 1,487.10 | +3.60 | +0.24% | Dec 2019 | 1:38 AM |
| XAUUSD:CURGold Spot | USD/t oz. | 1,483.79 | +2.78 | +0.19% | N/A | 1:49 AM |
| SI1:COMSilver (Comex) | USD/t oz. | 17.43 | +0.05 | +0.29% | Dec 2019 | 1:38 AM |
| HG1:COMCopper (Comex) | USd/lb. | 260.25 | -1.15 | -0.44% | Dec 2019 | 1:38 AM |
| XPTUSD:CURPlatinum Spot | USD/t oz. | 886.47 | +1.11 | +0.13% | N/A | 1:49 AM |
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) |
|---|---|---|---|---|---|---|
| C 1:COMCorn (CBOT) | USd/bu. | 390.75 | -2.50 | -0.64% | Dec 2019 | 1:37 AM |
| W 1:COMWheat (CBOT) | USd/bu. | 505.50 | -1.50 | -0.30% | Dec 2019 | 1:35 AM |
| CC1:COMCocoa (ICE) | USD/MT | 2,522.00 | +73.00 | +2.98% | Dec 2019 | 10/15/2019 |
| CT1:COMCotton #2 (ICE) | USd/lb. | 63.10 | -0.43 | -0.68% | Dec 2019 | 1:33 AM |
| LC1:COMLive Cattle (CME) | USd/lb. | 113.45 | 0.00 | 0.00% | Dec 2019 | 10/15/2019 |
Date: October 16, 2019; Source: Bloomberg.com
Energy
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) |
|---|---|---|---|---|---|---|
| CL1:COMWTI Crude Oil (Nymex) | USD/bbl. | 52.89 | +0.08 | +0.15% | Nov 2019 | 1:38 AM |
| CO1:COMBrent Crude (ICE) | USD/bbl. | 58.85 | +0.11 | +0.19% | Dec 2019 | 1:38 AM |
| XB1:COMRBOB Gasoline (Nymex) | USd/gal. | 161.76 | +0.32 | +0.20% | Nov 2019 | 1:27 AM |
| NG1:COMNatural Gas (Nymex) | USD/MMBtu | 2.34 | +0.00 | +0.13% | Nov 2019 | 1:35 AM |
| HO1:COMHeating Oil (Nymex) | USd/gal. | 191.59 | +0.59 | +0.31% | Nov 2019 | 1:38 AM |
Precious and Industrial Metals
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) |
|---|---|---|---|---|---|---|
| GC1:COMGold (Comex) | USD/t oz. | 1,487.10 | +3.60 | +0.24% | Dec 2019 | 1:38 AM |
| XAUUSD:CURGold Spot | USD/t oz. | 1,483.79 | +2.78 | +0.19% | N/A | 1:49 AM |
| SI1:COMSilver (Comex) | USD/t oz. | 17.43 | +0.05 | +0.29% | Dec 2019 | 1:38 AM |
| HG1:COMCopper (Comex) | USd/lb. | 260.25 | -1.15 | -0.44% | Dec 2019 | 1:38 AM |
| XPTUSD:CURPlatinum Spot | USD/t oz. | 886.47 | +1.11 | +0.13% | N/A | 1:49 AM |
Agriculture
| INDEX | UNITS | PRICE | CHANGE | %CHANGE | CONTRACT | TIME (EDT) |
|---|---|---|---|---|---|---|
| C 1:COMCorn (CBOT) | USd/bu. | 390.75 | -2.50 | -0.64% | Dec 2019 | 1:37 AM |
| W 1:COMWheat (CBOT) | USd/bu. | 505.50 | -1.50 | -0.30% | Dec 2019 | 1:35 AM |
| CC1:COMCocoa (ICE) | USD/MT | 2,522.00 | +73.00 | +2.98% | Dec 2019 | 10/15/2019 |
| CT1:COMCotton #2 (ICE) | USd/lb. | 63.10 | -0.43 | -0.68% | Dec 2019 | 1:33 AM |
| LC1:COMLive Cattle (CME) | USd/lb. | 113.45 | 0.00 | 0.00% | Dec 2019 | 10/15/2019 |
| 1 US DOLLAR | USD / KGS | 69.8396 |
| 1 EURO | EUR / KGS | 77.0051 |
| 1 RUSSIAN ROUBLE | RUB / KGS | 1.0869 |
| 1 KAZAKHSTAN TENGE | KZT / KGS | 0.1793 |
Date: October 16, 2019; Source: the National Bank of Kyrgyzstan
|
1 US DOLLAR |
USD / KGS |
69.8396 |
|
1 EURO |
EUR / KGS |
77.0051 |
|
1 RUSSIAN ROUBLE |
RUB / KGS |
1.0869 |
|
1 KAZAKHSTAN TENGE |
KZT / KGS |
0.1793 |
