Money handling requires knowledge and skills. Especially in such countries as the republics of Central Asia, where, according to various estimates, almost one third of population live below the poverty line.
Due to political situation, some foreign partners of Bishkek authorities suspended financial assistance. (more…)
«In the event of financial instability in Kyrgyzstan, multilateral creditors may increase the interest rates on loans or even refuse from further financing», Nazik Imanbekova sums up in an article for CABAR.asia.
The laws of Kyrgyzstan allow the citizens to put their government budget under control. How well are you aware of these mechanisms? (more…)
The coronavirus pandemic cost all countries a lot. Kazakhstan spent almost $13 billion on countering COVID-19, but the mass infection was not prevented. There was a shortage of medicines and hospital beds. (more…)
Economists predict global economic collapse amid the coronavirus pandemic. Kazakhstan, an oil-producing country with a non-diversified economy will be adversely affected.