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SECTION NEWS

Kyrgyz government accused of poor Doing Business indicator

10/01/17 13:01, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA

Deputy of the Parliament of Kyrgyzstan Akylbek Japarov accused the government of poor indicator in Doing Business rating. He stated this today at a meeting of the parliamentary committee on economic and fiscal policy.

MP is sure that in the last two years, the country's position is falling due to lack of administrative measures of the government. He recalled that previously the vice premiers twice a year held meetings to improve the position in Doing Business, but it is not the case now.

"It is necessary to solve the problem. Doing Business - a mirror image of Kyrgyzstan in the global market for attracting foreign direct investment. In 2008-2009, the republic took 42nd place in Doing Business. Then the volume of investments was $846 million. In 2016 Kyrgyzstan received $526 million. This is almost two times less. There is no progress in the improvement of the country's position. And without this there will be no flow of investments," Akylbek Japarov said.


URL: http://eng.24.kg/economics/183650-news24.html
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Exchange rate from 4 February
National Bank of Kyrgyz Republic
USD 69.4463
EUR 74.6131
RUB 1.1708
KZT 0.2156
UZS 0.0212
Weighted average exchange rate of som on February 3
USD 69.4300


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05.02.2017
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GLANCE
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«When we ran in the elections, we said that would even get the moon and the sun from the sky ».
MP Kamchybek Joldoshbayev at a meeting of Parliament, February 2, 2017.

«What have you done besides sale of donkeys to China?».
Deputy Ryskeldi Mombekov to the head of State Inspectorate for Veterinary and Phytosanitary Safety Kalysbek Zhumakanov at a meeting of Parliament, February 1, 2017.
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