Shahmar Movsumov, the executive director of the State Oil Fund of Azerbaijan (SOFAZ) met with the delegation of the International Monetary Fund (IMF) May 20, 2016
The launch of new enterprises in key sectors is expected to boost local economic activity, expand the tax base, and support job creation in Kyrgyzstan’s regions.
The project highlights Kyrgyzstan’s push for import substitution and industrial diversification by scaling domestic, high-tech medical manufacturing with export potential.
The sharp acceleration in chemical production highlights strengthening industrial capacity and suggests a growing contribution of higher value-added sectors to Tajikistan’s overall economic growth.
As part of its larger goal to attract foreign capital, develop trade capacity, and accelerate growth through varied economic relationships, Kyrgyzstan is pushing to promote Turkish investment and improve bilateral ties.
Tajikistan has officially launched Coal Mine No. 8 of the "Angisht" OJSC, located in the city of Isfara. The mine was officially opened on March 31 by the president of Tajikistan as part of his ongoing working visit to Isfara city.
Strong year-on-year growth in hotel and restaurant services highlights the recovery of Tajikistan’s tourism sector and the resilience of its service industry.