Speakers also see the stablecoin helping to position Kyrgyzstan as a hub for Web3 businesses. “You launch this financial ecosystem backed by solid gold, and you invite people to participate …
EBRD to lend hand in sprucing up irrigation in Kyrgyzstan
BISHKEK, Kyrgyzstan, March 20. The European Bank for Reconstruction and Development (EBRD) and the Kyrgyz Ministry of Finance have signed two loan agreements worth 42.1 million euros, Trend reports …
Group of parliamentarians proposes pretrial detention for certain violent and property crimes in Kyrgyzstan
A group of Parliament members suggests to apply pretrial detention for certain violent and property crimes for a term of more than 5 years in …
Kyrgyzstan and Tajikistan sign deal to end long-running border dispute
The presidents of Kyrgyzstan and Tajikistan signed a deal on Thursday on demarcating their shared frontier, seeking to end a long-running border conflict that has seen dozens killed in skirmishes in …
Islamic finance shows potential in Central Asia as GCC ties deepen
Kazakhstan and Kyrgyzstan could lead Central Asian Islamic finance industry growth over the medium-to-long term …
WB to raise funds for Kyrgyzstan’s Kambarata-1 HPP project
BISHKEK, Kyrgyzstan, March 3. The World Bank (WB) is expected to allocate $1.5 billion for the main construction work on the Kambarata-1 hydropower plant in Kyrgyzstan for the three countries …
Why Kyrgyzstan is betting on a gold-backed stablecoin in the digital currency race
Kyrgyzstan launches a gold-backed stablecoin that prioritizes transparency, financial inclusion and real-world utility over centralized control …
Why Kyrgyzstan is betting on a gold-backed stablecoin in the digital currency race
Kyrgyzstan launches a gold-backed stablecoin that prioritizes transparency, financial inclusion and real-world utility over centralized control …
Republican budget of Kyrgyzstan records surplus in 2024
BISHKEK, Kyrgyzstan, February 27. The republican budget of Kyrgyzstan achieved a surplus of 33.51 billion soms ($383 million) in 2024, Trend reports via the Ministry of Finance of Kyrgyzstan.
Kyrgyzstan’s banking sector sees growth in deposit base
BISHKEK, Kyrgyzstan, March 1. The total deposit base of Kyrgyzstan’s banking sector reached 592.4 billion soms ($6.7 billion) in 2024, which is an increase of 37.3 percent compared to the end of 2023 …