Finance and Investment

29.06.2022

EU allocates €32 million for education system in Kyrgyzstan

The European Union allocates €32 million to support the education system of Kyrgyzstan. Press service of the Ministry of Education and Science reported.

According to it, signing of a financial agreement between the Kyrgyz Republic and the European Union under the program «Contract for reforms in the education sector» has taken place.

«The European Union will provide a grant to the Ministry...

The European Union allocates €32 million to support the education system of Kyrgyzstan. Press service of the Ministry of Education and Science reported.

According to it, signing of a financial agreement between the Kyrgyz Republic and the European Union under the program «Contract for reforms in the education sector» has taken place.

«The European Union will provide a grant to the Ministry...

29.06.2022

Greenback retains bulls on US Federal Reserve intervention

Currency bid prices at 3:33PM (1933 GMT)

Description      RIC         Last           U.S. Close  Pct Change     YTD Pct       High Bid    Low Bid Previous                   Change Session Dollar index                 99.8130        99.8660     -0.04%         4.338%        +100.1900   +99.7430 Euro/Dollar                  $1.0876        $1.0881     -0.04%         -4.32%        +$1.0892    +$1.0837 Dollar/Yen                   124.3450       123.9750    +0.31%         +8.03%        +124.6700   +123.6600 Euro/Yen                     135.25         134.86      +0.29%         +3.78%        +135.3600  ...

Currency bid prices at 3:33PM (1933 GMT)

Description      RIC         Last           U.S. Close  Pct Change     YTD Pct       High Bid    Low Bid Previous                   Change Session Dollar index                 99.8130        99.8660     -0.04%         4.338%        +100.1900   +99.7430 Euro/Dollar                  $1.0876        $1.0881     -0.04%         -4.32%        +$1.0892    +$1.0837 Dollar/Yen                   124.3450       123.9750    +0.31%         +8.03%        +124.6700   +123.6600 Euro/Yen                     135.25         134.86      +0.29%         +3.78%        +135.3600  ...

29.06.2022

Stock markets regain strength as trade gets used to warfare

European shares held gains on Friday at the end of a volatile week dominated by the war in Ukraine.

The pan-regional Stoxx 600 index gained 1.31% 0.4% to 460.97, and the FTSE Mib was up 2.13%. All major continental bourses posted strong gains.

In Washington, the US Congress voted to revoke...

European shares held gains on Friday at the end of a volatile week dominated by the war in Ukraine.

The pan-regional Stoxx 600 index gained 1.31% 0.4% to 460.97, and the FTSE Mib was up 2.13%. All major continental bourses posted strong gains.

In Washington, the US Congress voted to revoke...

29.06.2022

Kyrgyz Cabinet chairman and vice president of ADB discuss bilateral cooperation

Chairman of the Cabinet of Ministers of Kyrgyzstan Akylbek Zhaparov received Vice President of the Asian Development Bank Shixin Chen.

According to the press service of the Cabinet of Ministers, during the meeting the sides discussed the state and prospects for the development of bilateral relations in the energy sector. In...

Chairman of the Cabinet of Ministers of Kyrgyzstan Akylbek Zhaparov received Vice President of the Asian Development Bank Shixin Chen.

According to the press service of the Cabinet of Ministers, during the meeting the sides discussed the state and prospects for the development of bilateral relations in the energy sector. In...

29.06.2022

World Bank predicts economic slowdown in Kyrgyzstan

The World Bank predicts an economic slowdown in Kyrgyzstan due to the situation in Ukraine. Updated economic report of the bank says.

It is noted that the consequences of Russia’s invasion of Ukraine could negate the progress made by Kyrgyzstan in 2021, when GDP growth reached 3.6 percent.

According to World Bank forecasts, the economy may shrink by 5 percent by the end of 2022, and inflation...

The World Bank predicts an economic slowdown in Kyrgyzstan due to the situation in Ukraine. Updated economic report of the bank says.

It is noted that the consequences of Russia’s invasion of Ukraine could negate the progress made by Kyrgyzstan in 2021, when GDP growth reached 3.6 percent.

According to World Bank forecasts, the economy may shrink by 5 percent by the end of 2022, and inflation...


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