Market

The Ministry of Finance of Kyrgyzstan told in detail about the salary of the President of Heritage of Great Nomads National Holding Company.Earlier, the media published information that, as an external manager of Kumtor Gold Company, Tengiz Bolturuk re…

Daily oil production amounted to 500,000 barrel in Azerbaijan in July 2023, APA-Economics reports citing the Platts review conducted by S&P Global Commodity Insights.According to the report, Azerbaijan’s quota for oil production under the OPEC+ de…

The US Department of Energy increased its forecast for the average price of Brent standard oil in 2023 to $82,62 per barrel from $79,34, APA-Economics reports citing the report of Energy Information Administration (EIA) under the US Ministry of Energy…

Daily oil production amounted to 500,000 barrel in Azerbaijan in July 2023, APA-Economics reports citing the Platts review conducted by S&P Global Commodity Insights.According to the report, Azerbaijan’s quota for oil production un…

Energy Information Administration (EIA) under the US Ministry of Energy has not changed its forecast on daily production of oil and other liquid hydrocarbons for Azerbaijan in 2023-2024, APA-Economics reports citing EIA’s monthly report.It is estimate…

A new law “On payment services and payment systems” has been approved in Azerbaijan, Trend reports.President of the Republic of Azerbaijan Ilham Aliyev has signed the relevant law.According to the law, the legal foundations of the activities of paymen…

The Financial and Credit Fund has acted as a guarantor in the construction of Kulanak hydropower plant (HPP) for $88 million. The Ministry of Finance of Kyrgyzstan reports.To provide state support to the subjects of national economy of the country, th…

Erdenes Tavantolgoy JSC sold 15 million tons of coal as of August 8. The company said the number is the highest sales figure in the company’s history.
The company sold 11.5 million tons of coal last year. In particular, the amount of coal that was sol…

Two fines totaling 110,000 soms were imposed on microfinance and microcredit companies. The State Financial Intelligence Service of Kyrgyzstan reported.The decision was made due to violation of the requirements for organization of the internal control…