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Central Asia

Inflation rate to reach 10% in Kazakhstan in 2009

Growth in consumer prices in Kazakhstan in 2009 will reach 10% in Kazakhstan in 2009, Statcommittee of the CIS analysts predict.

Japan to provide US$4.9 million grant to support people with disabilities in Uzbekistan

Japan will provide US$4.9 million grant to Uzbekistan to provide the latest equipment for the National Center of Rehabilitation and Prostheses for Disabled People.

EBRD says Turkmenistan makes progress in carrying out economic reform

The European Bank for Reconstruction and Development presented its annual report in Ashgabat on 20 February.

Turkmenistan celebrates Day of State Flag

Turkmenistan marks Day of State Flag on 19 February. Turkmen President Gurbanguly Berdimuhamedov has sent a message of congratulations to the people of Turkmenistan on this occasion.

Fitch shifts Kazakh outlook to negative, cuts banks

Fitch Ratings cut its credit ratings for 10 Kazakh banks and financial institutions on Thursday, warning of mounting economic and banking problems.

Japan grants US$4.4m to disabled people rehabilitation center

Japan government allocated US$4.4 million to the project "Improvement of equipment for National Center of Rehabilitation and Prosthesis of disabled people".

Kyrgyz National Bank to issue 5,000 som banknote

The Kyrgyz National Bank announced its decision to start issuing 5,000 som banknotes at the news conference in Bishkek on Thursday.

EBRD says Kyrgyz GDP to grow by 3.9 percent in 2009

The European Bank of Reconstruction and Development predicted a 3.9 percent GDP growth in Kyrgyzstan in 2009, but did not exclude that pace of economy development would become slower.

Hungary interested in education and science cooperation with Kazakhstan

The issues of students and teachers exchange between Kazakhstan and Hungary were discussed in the Gumilyov Eurasian National University, reported web-representative office of the University.

Palace of orphans gets new facilities

New facilities were inaugurated on 16 February in the Palace of Orphans named after UAE President Sheikh Zayed Bin Sultan Al Nahayan. They were built by Turkish company Ekol Ihrajat Ithalat we Tijaret LTD Sti.

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