economy
During the consideration and adoption of the state budget by the lower chamber of Parliament, the Ministry of Finance of Tajikistan annually highlights the social orientation of the country’s main financial document. (more…)
How Kyrgyzstan handles explosive materials. What did state authorities learn from the explosion in Beirut? (more…)
Empty shop windows, close food courts – this is what the majority of shopping malls look like in Kazakhstan today. Because of restrictions related to coronavirus, it is unprofitable for many boutique owners and public catering owners to work. The purchasing power sharply declined, while the rental payments were not cancelled.
From 2021, the Kazakhstanis will be allowed to use a part of their pension savings to purchase residential accommodations, to pay for medical treatment, or to transfer for management to financial companies. However, not all will be able to use this option.
This fall Tajikistan’s economy faced a vast decrease in migrants’ money remittances due to the coronavirus pandemic. Experts say that the effects are already being felt and over the time the problems will only get worse.
Tajikistan is the first Central Asian country, where the Single Window System was launched for registration of export, import and transit procedures. The developers believe that the system can simplify the work of entrepreneurs. We try to figure out whether this is true.
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…)
Coronavirus pandemic has given a surprising opportunity for the development and strengthening of domestic tourism. But whether Kazakhstanis will go on vacation within the country after its end mainly depends on business restructuring.
The coronavirus pandemic has affected every single country in the world. Kyrgyzstan was no exception. Despite the fact that rates of infection and mortality in the republic are relatively low compared to other states, the country’s economy has been severely affected by internal restrictions and borders closure.
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Economists predict global economic collapse amid the coronavirus pandemic. Kazakhstan, an oil-producing country with a non-diversified economy will be adversely affected.