What is in spring? Minister of Agriculture, Food Industry and Land Reclamation Nurbek Murashev during the meeting of the Parliament’s committee for agrarian policy, water resources, ecology and regional development made a forecast about what agricultural workers should sow this spring.
He said that this year it will be beneficial for Kyrgyz farmers to sow lentils, buckwheat and soybeans.
He also noted that prices for cotton have risen on the world market, so this year the sown area has been increased by 2 thousand 200 hectares.
“We plan to increase the area of tobacco by 1 thousand hectares, the area of potatoes is reduced by 3 thousand 200 hectares,” the minister added.
Go ahead to Kuwait. The second Kyrgyz-Kuwaiti business forum was held in the city of Kuwait. It was organized with the support of the Embassy of Kyrgyzstan in Kuwait and the Chamber of Commerce and Industry of Kuwait.
Head of the Investments Promotion and Protection Agency of the Kyrgyz Republic Shumkarbek Adilbek uulu said that the investment opportunities of Kyrgyzstan were presented at the forum.
“We have focused on attracting financial resources and tourism, as well as the supply of agro-industrial products. The presentation was made by director general of Mol Bulak company Babur Tolbaev in terms of attracting the financial resources of Islamic lending and financing,” he said.
Shumkarbek Adilbek uulu noted that Kuwait is at the same distance as Moscow, Korea, as the southern part of China, with which Kyrgyzstan is actively cooperating.
Kuwaiti Bank. The Kyrgyz side raised the issue of opening of the first Islamic bank in Kyrgyzstan during the meeting of Director of the Investments Promotion and Protection Agency of the Kyrgyz Republic Shumkarbek Adilbek uulu with member of the board of the Kuwaiti Finance House and Turkapital Fawaz Issa, which is a subsidiary of the Kuwaiti Finance House.
The meeting from the Kyrgyz side was attended by Counselor of the Embassy of the Kyrgyz Republic in the State of Kuwait Abdulaziz Botbayev and General Director of Mol Bulak Finance Baburdzhan Tolbaev.
The director of the Agency spoke about investment opportunities and the banking system of Kyrgyzstan, and also made a presentation on the opening of an Islamic bank in the country.
Tax returns. 49,823 taxpayers submitted a single tax return in Kyrgyzstanby February 20, 2019,
According to data of the State Tax Service of the Kyrgyz Republic, 9,169 legal entities, 25,732 individual entrepreneurs, 4,387 individuals, 5,860 individuals without taxable incomes, as well as 4,675 state and municipal employees submitted tax returns.
Legal entities must report to the tax authorities on the income received in the last year, as well as provide information about economic activities, property and land before March 1, and individuals before April 1.
Price per sq.m. In Bishkek in the first decade of February 2019, on average, the price per square meter of the secondary market of apartments - 104, 105, 308-series, individual type - amounted to $ 763.4.
According to data of the State Registration Service of the Kyrgyz Republic, this figure is 1.3% more than in the same period of 2018. The difference in the average level of apartment prices in the analyzed periods amounted to $9.8 per square meter.
In the southern areas of Bishkek, the price of one-room apartments of the 104-series per square meter increased by 4.03% ($ 878 / sq.m). The price of one sq. meter of one-bedroom apartments of 104-series in the city center amounted to $ 824 per sq.m.
Own bank. In Kyrgyzstan its necessary to create own Development Bank to assist in the development of the industrial sector.
MP Ekmat Baibakpaev during the meeting of the working group to discuss the Action Plan for implementing the Industrial Development Strategy of the Kyrgyz Republic for 2019-2024 said that such banks could give long-term money for business development at low interest rates. “What production could be, if banks make out agave loans at 15% per annum? We need our own development bank and only then we can say that the economy will move forward, and the whole industrial complex, respectively,” said Baibakpaev.
This Plan provides for a number of comprehensive measures for the development of the mining, food, processing and light industries, as well as the construction sector and tourism,also provides for measures to launch new and idle enterprises in the regions.
Call center on taxes. In 2018, the Call Center of the State Tax Service under the Government of the Kyrgyz Republic received 59.8 thousand calls from taxpayers for advice on the most topical issues related to taxation. This is to 1.2 thousand more compared with 2017.
More than half of taxpayers were interested in issues related to the administration of VAT.
Citizens were also interested in the procedure for completing and submitting the Unified Tax Declaration, the administration of sales tax, local taxes, fiscalization of tax procedures (electronic patent), and other questions.
Kabar News Agency
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