The CEC of Kyrgyzstan has already published the preliminary results of the April 11 referendum, according to which almost 80% of citizens approved the draft of the new Constitution. They again tried to challenge the results of the local elections held on the same day. In Bishkek, a local protest...

More than 1 million 336 thousand citizens of Kyrgyzstan, or 37% of voters registered in the republic, took part in the referendum held the day before. According to the law, this is enough to consider the plebiscite valid.

Dastan Bekeshev, member of the Parliament of Kyrgyzstan, told 24.kg news agency that after the...

The receipt of funds from the issue of government securities for 2021-2023 is planned for each year in the amount of 15.4 billion som. This is stated in the draft national budget of Kyrgyzstan for 2021 and the forecast for 2022-2023.

However, the receipt of funds from the issue of government...

Since October 2020, the State Committee for National Security has reimbursed more than 5 billion som to the state budget, the department said.

Out of 5 billion som, 2 billion som were reimbursed in the form of property, more than 3 billion som in the form of cash.

Part of the funds...

The deficit of the national budget for 2021 will amount to 8 billion 463.2 million som or 1.3% of GDP, with an increase of 509.7 million som relative to the approved budget of 2020. This is stated in the draft national budget of Kyrgyzstan for 2021 and the forecast for...

In the first quarter of 2021, the anti-smuggling units of the Customs Service revealed 768 facts of violations. This was reported by the press service of the department.

Of the total:

693 facts were registered in the Unified Register of Violations, fines were collected in the amount of 2.9 million som and...

In 2020, 642 organisations functioned in the financial sector of the economy, including the National Bank, 23 commercial banks, 600 non-bank financial and credit organisations, 15 insurance companies and 3 investment funds. This is reported by the National Statistical Committee.

In 2020, the total income of organisations in the financial sector...

The dollar index edged higher on Thursday in choppy trading as investors balanced bullish data showing U.S. retail sales rebounded sharply in March against a continued drop in U.S. Treasury yields. Retail sales increased 9.8% last month, the Commerce Department said on Thursday, beating economists' expectations for a 5.9% increase.

A...

Major global stock indexes scaled new peaks on Wednesday after upbeat U.S. and European earnings pointed to a strong recovery from the coronavirus pandemic, while the dollar dipped to three-week lows as Treasury yields held below recent highs.

High-flying growth stocks declined on Wall Street, sending the benchmark S&P 500 and...

This was discussed at the 18th meeting of the advisory committee on statistics under the Board of the Eurasian Economic Commission, which was held on April 14 in Moscow under the chairmanship of the Minister for Integration and Macroeconomics of the EEC Sergei Glazyev.

The focus was on the acute issues...

The Eurasian Development Bank predicts a recovery in economic growth in Kyrgyzstan this year. The dynamics of growth in the medium term will largely be determined by production indicators at Kumtor. This is stated in the bank's macroeconomic review.

According to EDB economists, the GDP growth of Kyrgyzstan this year will...

Gold gained on Thursday as a weaker dollar and Treasury yields bolstered bullion's appeal, ahead of U.S. weekly jobless claims and retail sales data that will shed light on the pace of recovery in the world's largest economy.

Spot gold rose 0.5% to $1,744.30 per ounce by 1153 GMT. U.S. gold...

Aluminium hit its highest level since May 2018 on Thursday over fears that top producer China could further cut output to reduce emissions, while a weaker dollar made metals broadly more attractive.

Benchmark three-month aluminium on the London Metal Exchange (LME) was up 1.1% at $2,349 a tonne at 1050 GMT,...

Electric Stations has announced a tender for the overhaul of the equipment of the Toktogul HPPs Cascade, the budget is indicated including VAT-12%, according to the government procurement portal.

The procurement format is standard, the procurement method is one-stage.

The planned amount is 12 million 999 thousand 840 som.

The deadline for submitting...

U.S. corn futures dipped on Thursday, pressured by commercial hedging after spiking above $6 a bushel for the first time since June 2013 during the overnight trading session.

Wheat futures were firmer for the third day in a row, rising to their highest since early March, with persistent concerns about dryness...

The issues of developing breeding and seed production, increasing the self-sufficiency of the states of the Eurasian Economic Union with their own seeds of agricultural crops were discussed by representatives of state bodies, the business community, industry public associations, scientific and educational organisations of the EAEU countries within the framework...

On April 12, a delegation of the Eurasian Economic Commission headed by Minister of Energy and Infrastructure Emil Kaikiev discussed with Deputy Chairman of the Board of the Eurasian Development Bank Tigran Sargsyan the directions of cooperation in the field of transport and energy.

The meeting discussed the issues of financing...

Oil prices eased on Thursday but remained close to a one-month high that was driven by more positive demand forecasts from the International Energy Agency (IEA) and OPEC as economies start to recover from the COVID-19 pandemic.

Brent crude was down 21 cents, or 0.3%, at $66.37 a barrel by 1351...

British wholesale gas prices were mixed on Thursday morning in the face of strong demand for gas from power stations and high flows from the country’s liquefied natural gas (LNG) terminals.

The within-day contract was up 0.1 pence at 55.50 p/therm by 0948 GMT. The day-ahead contract was down 0.35 pence...

At a meeting of the Kyrgyz-Uzbek intergovernmental commission held in late March in Tashkent, the Uzbek side announced that it was ready to take part in the design and construction of individual sections of the China-Kyrgyzstan-Uzbekistan railway.

The news sparked interest. After all, the project for the construction of this railway...

On April 12, a delegation of the Eurasian Economic Commission headed by Minister of Energy and Infrastructure Emil Kaikiev discussed with Deputy Chairman of the Board of the Eurasian Development Bank Tigran Sargsyan the directions of cooperation in the field of transport and energy.

The meeting discussed the issues of financing...

A Russian government committee has approved proposals that would simplify the process of obtaining a residency permit for foreigners who buy real estate or put at least ten million rubles ($130,000) into the country's economy.

The so-called ‘golden passport’ scheme will enable wealthy migrants to buy a residence permit if investigations...

The Central Bank is planning to increase the share of financial messages through Russia’s equivalent to SWIFT by one-third, bringing it to 30% by 2023, according to the regulator’s strategy on developing the national payment system. Market participants believe that the mission is possible, given US pressure on the international...

Russia will cut its 2021 state borrowing plan more than expected and will offer only new OFZ treasury bonds from June 14, the date after which U.S. banks will be barred from buying rouble-denominated Russian state debt, the finance ministry said.

The United States imposed a broad array of anti-Russian sanctions,...

The Russian rouble tumbled on Thursday, at one point losing 2% to the dollar in volatile trade and hitting a more than five-month low versus the euro as the White House announced new sanctions targeting Russia’s sovereign debt.

U.S. President Joe Biden issued an executive order prohibiting U.S. financial institutions from...

China stocks ended lower on Thursday, as worries about policy tightening mounted a day ahead of China’s first-quarter GDP data release.

The blue-chip CSI300 index fell 0.6% to close at 4,948.97, down 16.5% from an all-time high hit on Feb. 18, while the Shanghai Composite Index lost 0.5% to 3,398.99.

Analysts and...

China remains a popular destination for overseas investors, with foreign direct investment (FDI) logging a substantial increase in the first quarter of this year.

FDI into the Chinese mainland surged 39.9 percent year on year in actual use to 302.47 billion yuan in the first quarter, the Ministry of Commerce said...

On April 14, Uzbekistan’s President Shavkat Mirziyoyev and Pakistan’s Prime Minister Imran Khan held a video conference and discussed the issues of regional cooperation and fulfilling the trans-Afghan railway project, the Kabul Corridor, which will link Uzbekistan with the ports of Karachi and Gwadar in the Arabian Sea. Islamabad seeks...

Gohar Barseghyan, Director of the Integration Development Department of the Eurasian Economic Commission, stated this at the regional conference of the International Institute for Applied Systems Analysis, Systems Analysis in Eurasia, on April 13.

Gohar Barseghyan showed the need for objective and systematic analytical support for the practical interaction of key...

This is the conclusion reached by the participants of the annual international media forum of young journalists, Dialogue of Cultures, which was held on April 14 in St. Petersburg for the fifteenth time. For the first time in the history of the forum, a separate session was devoted to the...

Date: April 16, 2021;Source: Bloomberg.com

Date: April 16, 2021; Source: the National Bank of Kyrgyzstan