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SECTION NEWS

Azamat Arapbaev: It’s impossible to strengthen national currency by fiscal methods 

18/10/16 12:41, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA

"It's impossible to strengthen the national currency by fiscal methods," deputy Azamat Arapbaev said today in Parliament.

According to him, once the deputies refused to consider the proposed by the government bill on strengthening the national currency. This time, the Ministry of Economy has submitted a revised document. Among its provisions there is the norm, according to which the data on the goods' seller, manufacturer and importer on label shall be indicated in the official language.

The MP Azamat Arapbaev didn't agree with this state of affairs. He considered that this is infringement of the rights of traders.

"KGS will strengthen when we will have developed production. Now we don't have it.  One needs to work in this area, rather than trying to de-dollarize the economy by fiscal means," Azamat Arapbaev said. 

However, colleagues on the committee disagreed with him and supported the concept of the bill in the first reading. 


URL: http://eng.24.kg/finansy/182456-news24.html
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RELATED MATERIALS

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


Weather forecast
05.02.2017
  night day
Bishkek
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Talas
-17...-14 -13...-7
Jalal-Abad
-14...-10 -11...-5
Osh
-16...-9 -8...-4
Batken
-12...-8 -8...-3
Naryn
-27...-24 -19...-12
Cholpon-Ata
-27...-20 -14...-11


GLANCE
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QUOTES

«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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