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Central Asia

14% business funding in Kazakhstan should be maintained

State funding of small and medium business should be at the 14%rate per annum, Kairat Kelimbetov, Head of SamrukKazyna National Welfare Fund said at the Government’s telephone conference today.

Average salary in Uzbekistan is US$ 220-Ministry of Economy

The average monthly salary in Uzbekistan by results of 9 months in 2008 is 298.6 thousand sums (approximately US$ 220), reported Ministry of Economy and State Statistics Committee of Uzbekistan.

Kyrgyzstan’s annual shady economy rates reach 60bln

Annual shadow economy rates in Kyrgyzstan reach 60 billion soms, which is half as much as the state budget, the Prime Minister of Kyrgyzstan, Igor Chudinov, said at the official meeting with the president, government members, donors and business-associations in Bishkek on Monday.

European Commission official to hold talks in Turkmenistan

Vera Zhukova Zaznova, a representative of the unit for international cooperation of the European Commission Department for Central Asia, has arrived in Ashgabat.

Opposition leader’s son interrogated over journalist’s murder

Kyrgyz police questioned a son of a known opposition leader Alikbek Jekshenkulov over the murder of the journalist Alisher Saipov., the news agency “24.kg” learnt from a source in the Kyrgyz Interior Ministry.

Afghanistan, Uzbekistan and ADB sign memorandum of understanding for railway transport cooperation

Uzbekistan, Afghanistan, and the Asian Development Bank (ADB) have signed a Memorandum of Understanding (MOU) to expand trade and economic opportunities through railway transport.

Zhambyl Region socio-economic development stable

Socio-economic development of Zhambyl Region in recent years is characterized by stability and steady growth.

Around 700 people participate in international oil and gas conference in Ashgabat

A conference dedicated to the development of Turkmenistan's oil and gas industry took place in Ashgabat as part of the international exhibition "Oil and Gas of Turkmenistan - 2008".

US$ 1 billion to finance Kazakh small and medium business

US$ 1 billion out of US$ 10 billion allotted from National Fund will be directed on small and medium business support, Nursultan Nazarbaev, Kazakh President said tesyerday.

51% of «Farg’onaazot» stocks to be sold to international investors

State Commission on conducting tender sales of State property to international investors in accordance with Uzbekistan President Decree announced the tender on 51% of stocks of joint stock company «Farg'onaazot».

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