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Economy

Uzbekistan and World Bank discuss attracting investment

Uzbekistan and the World Bank Group discussed prospects for economic growth, attracting private investment and creating new jobs. The talks took place on 16 October in Bangkok, where Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov met World Bank Group President Ajay Banga. The meeting was held on the sidelines of the annual meetings of the International Monetary Fund and the World Bank, according to the Information Service and Communications Department of Uzbekistan's Ministry of Economy and Finance.

UzDailyOctober 18, 2026, 21:43

Uzbekistan and IFC discuss transport and energy projects

Uzbekistan and the International Finance Corporation (IFC) discussed cooperation in infrastructure, energy, water management and private sector development. The meeting between Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov and IFC Regional Vice President for the Middle East and Central Asia Imad Fakhoury took place on 15 October 2026 in Bangkok, on the sidelines of the IMF and World Bank annual meetings.

UzDailyOctober 18, 2026, 21:18

Kazakhstan warns citizens about fake job offers abroad

The Migration Committee of Kazakhstan's Ministry of Labor strongly advised citizens not to believe enticing advertisements promising quick employment outside the country. According to the agency, most such offers come from foreign intermediaries and dubious organizations that are not officially registered in Kazakhstan and operate outside the legal framework.

KursivOctober 18, 2026, 20:22

Uzbekistan, AIIB explore transport, energy and water projects

Uzbekistan and the Asian Infrastructure Investment Bank (AIIB) discussed expanding cooperation on road and railway networks, logistics corridors, energy infrastructure and water systems during a meeting in Bangkok on October 15. According to a statement from the Uzbekistan Ministry of Economy and Finance, Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov met AIIB President Zou Jiayi on the sidelines of the annual meetings of the International Monetary Fund and the World Bank Group.

TrendOctober 18, 2026, 20:13

Uzbekistan and EBRD discuss privatization and support for business

Uzbekistan and the European Bank for Reconstruction and Development (EBRD) discussed the privatization of state-owned enterprises and banks, expanding financing for small and medium-sized businesses, and developing public-private partnership.

UzDailyOctober 18, 2026, 19:57

Kazakhstan Tightens Rules on Hiring Foreign Workers

New rules for attracting foreign labour in Kazakhstan take effect on 17 October 2026. Employers found to have illegally hired foreign workers will be barred for one year from obtaining permits to bring in such workers. The changes are set out in an order of the Ministry of Labour and Social Protection of the Population.

KursivOctober 18, 2026, 19:25

Azeri Light oil price falls to $116 per barrel

The price of Azerbaijan's Azeri Light crude oil on the global market fell by $2.78, or 2.33%, to $116.26 per barrel, a source in the oil market told Report. According to trading results, Brent crude oil futures for December stood at $116.59 per barrel.

Report.azOctober 18, 2026, 18:53

Mirziyoyev Discusses New Power Plants and Fuel Supplies With Foreign Investors

Uzbek President Shavkat Mirziyoyev met business representatives from Azerbaijan, the United Kingdom, China and other countries on October 16 at the first meeting of the Investors Council in the fuel and energy sector, the presidential press service said.

Spot.uzOctober 18, 2026, 18:45

Cabinet orders Finance Ministry to formalise pledge on 26 billion som GIK budget loan

The Cabinet of Ministers of Kyrgyzstan has instructed the Ministry of Finance to formalise a pledge, or collateral, on a budget loan of 26 billion soms extended to GIK. The report was published by AKIpress.

AKIpressOctober 18, 2026, 18:20

Kyrgyzstan approves accreditation rules for foreign investors

Kyrgyzstan has approved the procedure and criteria for voluntary accreditation of foreign investors. Resolution No. 697, dated 15 October 2026, was signed by First Deputy Chairman of the Cabinet Daniyar Amangeldiev.

Economist.kgOctober 18, 2026, 18:04

Benefits to be paid based on level of need

Kazakhstan's Minister of Labour and Social Protection of the Population, Askarbek Yertayev, said state support should primarily be provided to people who cannot meet their own needs. Speaking at the Central Communications Service, he said the actual level of need of a family is now assessed when allocating benefits, rather than relying on formal assignment.

Egemen QazaqstanOctober 18, 2026, 17:48

Kyrgyzstan grants Kyrgyzgeology right to explore limestone and rubble stone in Osh region

The Cabinet of Ministers of Kyrgyzstan has granted Kyrgyzgeology the right to carry out geological exploration of limestone and rubble stone in Osh region. The report was published in Russian by AKIpress.

AKIpressOctober 18, 2026, 17:40

National Bank and Islamic Finance Association sign cooperation memorandum

The National Bank and the Islamic Finance Association have signed a memorandum of cooperation, according to an AKIpress headline. The source text does not contain the article itself. It is held in an archive available only to Tazabek subscribers, so details such as the agreement's terms, its date and its objectives cannot be confirmed from the material available.

AKIpressOctober 18, 2026, 17:32

Tamchy free zone ranks second worldwide in fDi Rising Stars category

Kyrgyzstan's Tamchy special financial investment territory (SFIT) ranked first in Asia and second worldwide in the Rising Stars category of the Global Free Zones of the Year 2026 ranking. Financial Times unit fDi Intelligence published the results on October 15. The UK's Liverpool City Region Innovation Zone took first place in the category.

Economist.kgOctober 18, 2026, 17:15

Kazakhstan Exports $293.6 Million in Gold to Kyrgyzstan in Eight Months

Kazakhstan's gold exports to Kyrgyzstan reached $293.6 million in January–August 2026. This figure is $18.4 million, or 6.7%, higher than the seven-month figure. Kyrgyzstan remains the largest foreign buyer of Kazakhstani gold.

Economist.kgOctober 18, 2026, 17:07

Number of medium-sized enterprises in Kyrgyzstan up 35.6% in a year

Kyrgyzstan had 1,227 medium-sized enterprises in 2025, 35.6% more than in 2024. The number of small enterprises was 26 thousand. Malika Abdukadyrova, head of the finance and price statistics department of the National Statistical Committee, announced the figures at a press conference in Bishkek on October 15.

AKIpressOctober 18, 2026, 16:43

Transport & Infrastructure

Nur Zholy checkpoint capacity to rise to 30% as traffic shifts to Khorgos

Daily cargo traffic through the Nur Zholy checkpoint on the Kazakhstan–China border has risen by more than 21%, according to Khabar 24, citing 24KZ. Authorities plan to further increase the facility's capacity. Since 17 September, part of the vehicle flow has been redirected to the Khorgos International Border Cooperation Center (MCPS Khorgos).

Khabar 24October 18, 2026, 16:35

Procedure for Providing Social Assistance Is Changing

Kazakhstan Prime Minister Olzhas Bektenov held a meeting on the digital transformation of labour and social protection. Participants discussed digital solutions to direct state social assistance to citizens who genuinely need it, monitor compliance with labour rights, and identify risks at enterprises early.

Egemen QazaqstanOctober 18, 2026, 16:27

Financial intelligence must adopt AI to flag transaction anomalies by end-2028

According to a report published by AKIpress, financial intelligence must introduce artificial intelligence to identify anomalies in transactions by the end of 2028. The article is archived and available to subscribers of Tazabek.

AKIpressOctober 18, 2026, 16:19

Kyrgyzstan's Small and Medium Agricultural Output Rises 15.5% in 2025

Small and medium-sized enterprises in Kyrgyzstan's agricultural sector, including peasant farms, produced goods worth 285 billion soms in 2025. That is 15.5% more than in 2024, according to the National Statistical Committee.

AKIpressOctober 18, 2026, 16:11

Kyrgyzstan's fixed capital investment rises 1.7-fold in nine months

Fixed capital investment in Kyrgyzstan totalled 365.7 billion soms in January–September 2026. First Deputy Chairperson of the National Statistics Committee Nazira Kerimalieva announced the figure on October 15 at a press conference in Bishkek.

AKIpressOctober 18, 2026, 16:03

Kyrgyzstan Forecasts 2027 Foreign Trade Tax Revenue at 125.4 Billion Soms

Kyrgyzstan's draft national budget forecasts that revenue from taxes on international trade and external operations will reach 125.4 billion soms in 2027. This is 43.8% more than the 87.2 billion soms actually received in 2025.

AKIpressOctober 18, 2026, 15:47

Ashgabat hosts business forum to deepen Turkmen-Indian cooperation

A business forum aimed at deepening trade and economic ties between Turkmenistan and India was held in Ashgabat. The event was organised by the Embassy of India in Turkmenistan together with the country's Chamber of Commerce and Industry (TPPT).

Turkmenistan TodayOctober 18, 2026, 15:14

Kazakhstan Raises Cap on Long-Term Foreign Currency Deposit Rates to 2.5%

Kazakhstan's Deposit Guarantee Fund has raised the maximum rate on long-term foreign currency deposits to 2.5% a year, effective from October. The previous ceiling was 1%. The change covers only savings deposits with terms longer than 12 months; the limit for other deposits remains at 1%. The fund says liberalisation of foreign currency deposit rates will proceed in stages.

Khabar 24October 18, 2026, 14:26

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