Tatiana Kim on Fiscal Policy of the Ministry of Finance
April 23, 2013
In early March 2013 the Government of the Kyrgyz Republic decided to transfer the fiscal policy functions from the Ministry of Economy to the Ministry of Finance. The business community reacted negatively to this decision, thinking that it was dictated by International Monetary Fund (IMF), and in fact hands over to IMF some functions of fiscal policy elaboration and administering. Business community sent a letter to President Almazbek Atambayev and Prime Minister Jantoro Satybaldiev.
Summary of legal acts on subsoil use
September 17, 2012
International Business Council offers a summary of most important regulatory legal acts of the Kyrgyz Republic adopted in 2012 in the field of mineral resources. The summary is presented in a form of comprehensive table, which provides short information on each legal act, as well as status at which it currently fits.
Microfinance sector in Kyrgyzstan
June 29, 2012
The microfinance sector, which emerged in Kyrgyzstan in 1995, is today a leader in the Central Asia. Over the last 15 years, the sector has been developing steadily and rapidly.
Microfinance is becoming more common in the Kyrgyz market, complementing the traditional banking segment. The microfinance sector aims to increase economic activity, create jobs and reduce poverty.
Challenges of hydropower development in Kyrgyzstan
June 26, 2012
Kyrgyzstan is a country with enormous hydropower resources by the amount of which it is ranked 3rd among the CIS countries after Russia and Tajikistan. However, despite significant hydropower resources capable of giving strong impulse to economic development of Kyrgyzstan, our country has yet to benefit from its natural wealth.
Kyrgyz Government to provide destination marketing and branding
May 25, 2012
Today Kyrgyzstan is mostly known as a country of revolutions. In order to attract not only tourists but also investors, it is necessary to promote Kyrgyzstan as a stable, accessible, friendly and attractive country in the world tourism market.
Some issues on licenses and license agreements (Part 1)
February 20, 2012
Lorenz, international law firm, developed a comparison table on licenses and license agreements with a detailed description of the existing situation in the Kyrgyz Republic and best international practices.