$8.363 billion trade with regional countries in 8 months: Afghanistan Ministry

The Ministry of Industry and Commerce reported that in the first eight months of the current solar year, Afghanistan’s trade with regional countries amounted to $8.363 billion. The ministry’s spokesperson emphasized that out of this total, $1.172 billion were exports. During this period, Afghanistan’s primary export destinations included Pakistan, India, Iran, the United Arab Emirates, […]

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Bhutan government targets GDP contribution of 225.59 billion from seven sectors by 2029

To achieve a USD five billion economy and a gross domestic product per capita (GDP) exceeding USD 6,174 by 2029, the government has projected a Nu 225.59 billion GDP contribution from the identified seven sectors.  This is according to the draft 13th Plan.  Under the Plan, the agriculture sector’s contribution is expected to increase from […]

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Central Bank of Mongolia Decides to Keep Policy Interest Rate at 10 Percent

At its regular meeting, the Monetary Policy Committee (MPC) of the Central Bank of Mongolia decided to maintain the policy interest rate at 10 percent and increase the minimum reserve requirement in both domestic and foreign currency by 1 percentage point, reaching 11 percent and 16 percent respectively. Annual inflation rose to 8.1 percent nationwide in […]

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Electricity consumption reaches record level in Kyrgyzstan

Electricity consumption reached a record level on December 11-12 in Kyrgyzstan. The Ministry of Energy reported. The ministry acknowledges that due to the onset of winter and a drop in air temperature, the population began to consume more electricity. As of December 12, at least 3,612 megawatts of electricity were consumed, daily electricity consumption reached 78,931 million kilowatt-hours. Such an indicator has never been registered in the history of Kyrgyzstan. The last […]

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Kazakhstan Uncovers 60 Potential Metal Resource Areas in 2024

Geological studies in 2024 identified 60 promising areas with inferred resources of noble, non-ferrous and ferrous metals, said Chairman of the Committee of Geology of Kazakh Ministry of Industry and Construction Erlan Akbarov during the press conference at Central Communications Service on Dec. 12. As a result of geological exploration, 27 solid mineral deposits, 10 […]

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Central Bank of Afghanistan Collects 8 Billion Afs in Worn-out Notes

Hasibullah Noori, spokesperson for the Central Bank of Afghanistan, has announced the collection of nearly eight billion afghani in worn-out currency by the bank over the past year. The spokesperson highlighted the continuation of the process to collect worn-out banknotes and once again urged the citizens of the country to focus on preserving banknotes in […]

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Maldives enacts law compelling tourist establishments to exchange USD at local banks

Maldives has enacted legislature compelling tourist establishments to exchange a portion of USD revenue at local banks. The foreign currency bill was ratified by President Dr. Mohamed Muizzu on Saturday – two days after it was passed by the Parliament. The new legislature is set to take effect next year. The foreign exchange regulation introduced on October […]

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Kazakhstan Adds 522 Tons of Gold Reserves

Gold reserves on Kazakhstan’s state balance have increased by 522 tons in 2024, said Chairman of the Committee of Geology of Kazakh Ministry of Industry and Construction Erlan Akbarov during the press conference at Central Communications Service on Dec. 12. The increases span a wide range of other minerals and energy resources, including silver resources, […]

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