Finance
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Economy
Poverty Levels Witness a 3% Decline in Uzbekistan
In 2023, the poverty rate in the country decreased from 14% to 11%, reflecting a notable improvement in the economic…
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Economy
Government to Support 60,000 Business Projects in Kazakhstan in 2024
During the meeting, Minister of National Economy Alibek Kuantyrov highlighted the state’s ongoing efforts to enhance business conditions, reduce administrative…
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World
Average Monthly Salary in Uzbekistan’s Capital Reaches $370 in 2023
The average monthly nominal wage for the entire country at the end of 2023 is reported to be 4.551 million…
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Economy
Kazakhstan and Tajikistan Forge Banking Sector Cooperation
Held in Dushanbe on January 26, 2023, the discussions encompassed various aspects of cooperation, including the facilitation of interbank settlements…
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Economy
Kazakhstan Secures 61st Global Ranking for Average Monthly Wages
In January, the “net” salary after taxes in Kazakhstan, according to Numbeo analysts, amounted to $585 (260.8 thousand tenge), according…
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Economy
Kazakhstan’s Prime Minister Meets with World Bank Regional Director to Foster Collaboration
Prime Minister Alikhan Smailov of Kazakhstan engaged in discussions with Tatyana Proskuryakova, the World Bank Regional Director for Central Asia,…
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Featured
Kazakhstan Launches New City Alatau: A Game-Changer for Jobs and Investment
Kazakhstan has just unveiled the brand-new city of Alatau, spanning a whopping 88 thousand hectares and home to 52.7 thousand…
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Economy
Kazakhstan Achieves Robust Economic Growth of 4.9% in 11 Months
Kazakhstan’s Minister of National Economy, Alibek Kuantyrov, recently announced encouraging news about the country’s economic performance, reporting a growth of…
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Economy
Uzbekistan’s Gold Reserves Decline Impact Foreign Exchange Reserves, Despite Record Exports
Uzbekistan has witnessed a decrease in its gold and foreign exchange reserves, primarily attributed to a reduction in gold holdings.…
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Economy
Asian Development Bank Injects $100 Million to Boost Uzbekistan’s SMEs and Drive Economic Growth
Asian Development Bank (ADB) has approved a loan of $100 million to support small and medium-sized enterprises (SMEs) in Uzbekistan,…