Finance and Investment

21.01.2021

Kyrgyzstan's GDP seen to grow by 7%

The GDP of Kyrgyzstan in 2021 may grow by 7%, economist Kubat Rakhimov said. In his speech on the air of Birinchi radio, he noted that economic growth will be noticeable in the second half of this year. This is facilitated by the growth and stable value of gold, and...

The GDP of Kyrgyzstan in 2021 may grow by 7%, economist Kubat Rakhimov said. In his speech on the air of Birinchi radio, he noted that economic growth will be noticeable in the second half of this year. This is facilitated by the growth and stable value of gold, and...

21.01.2021

Three investment projects worth $235 million start operating in Kyrgyzstan by the end of 2021

The Agency for the Promotion and Protection of Investments of Kyrgyzstan expects the launch of three investment projects worth $235 million. Tolkunay Taalaibekova, the head of the department for attracting and supporting investments of this agency, told Birinchi Radio on air.

According to her, a metal rolling plant is being prepared...

The Agency for the Promotion and Protection of Investments of Kyrgyzstan expects the launch of three investment projects worth $235 million. Tolkunay Taalaibekova, the head of the department for attracting and supporting investments of this agency, told Birinchi Radio on air.

According to her, a metal rolling plant is being prepared...

21.01.2021

Remittances from Kyrgyzstan to Kazakhstan increase by 12.3%

The volume of money transfers from Kyrgyzstan to Kazakhstan in January-November 2020 increased by 12.3% compared to the same period. Ranking.kz informs about it.

So, over 11 months of last year, Kyrgyzstanis sent $72 million 237.4 thousand to neighbouring Kazakhstan against $64 million 369.9 thousand in 2019. Thus, the republic entered...

The volume of money transfers from Kyrgyzstan to Kazakhstan in January-November 2020 increased by 12.3% compared to the same period. Ranking.kz informs about it.

So, over 11 months of last year, Kyrgyzstanis sent $72 million 237.4 thousand to neighbouring Kazakhstan against $64 million 369.9 thousand in 2019. Thus, the republic entered...

21.01.2021

Europe’s currencies hold back as bug busting stagnates

The euro struggled to join a broader risk rally against the dollar on Wednesday as analysts said the risk of extended lockdowns in Europe to combat the spread of COVID-19 and the continent’s lag in a vaccine rollout were weighing on the currency.

Down 0.1% against the dollar at $1.2117 by...

The euro struggled to join a broader risk rally against the dollar on Wednesday as analysts said the risk of extended lockdowns in Europe to combat the spread of COVID-19 and the continent’s lag in a vaccine rollout were weighing on the currency.

Down 0.1% against the dollar at $1.2117 by...

21.01.2021

Stock markets veer up with Trump out at last

World shares gained on Wednesday on bets of hefty U.S. spending after U.S. Treasury Secretary nominee Janet Yellen urged lawmakers to "act big" to save the economy and worry about debt later. Oil rose and the dollar slipped in response.

At her confirmation hearing on Tuesday, Yellen said the benefits of...

World shares gained on Wednesday on bets of hefty U.S. spending after U.S. Treasury Secretary nominee Janet Yellen urged lawmakers to "act big" to save the economy and worry about debt later. Oil rose and the dollar slipped in response.

At her confirmation hearing on Tuesday, Yellen said the benefits of...


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