Growth in the Caucasus and Central Asia (CCA) is expected to decline by 2 percent this year as a result of lower commodity prices and the economic slowdown in Russia, says the latest regional forecast by IMF staff.
The First Congress of Young Entrepreneurs of the CIS countries will be held in resort city of Belokurikha in Russia’s Altai region, on 7-13 June 2015. The event will held within the Seventh international youth management forum “Altai. Growth Points”.
An exhibition Expo Milano 2015 started in Milan (Italy) on 1 May 2015, which will be lasted till 31 October 2015.
World Immunization Week – celebrated in the last week of April (24-30) - aims to promote one of the world’s most powerful tools for health – the use of vaccines to protect people of all ages against disease, especially children, UNICEF press service said.
The Russian Federation evacuated over 369 citizens of Uzbekistan from Yemen, an official representative of the Ministry of Foreign Affairs of Russia Alexander Lukashevich said at the briefing in Moscow.
On 20 April 2015, President of Russia Vladimir Putin signed a federal law on Russia’s ratification of the Protocol to the Treaty on a Nuclear-Weapon-Free Zone in Central Asia (CANWFZ).
A 7.9 magnitude earthquake rocked Nepal, toppling homes, temples and historic buildings and killing thousands of people, on 24 April.
In the Emerging Europe and Central Asia (ECA) region, lower oil prices and the economic slowdown in Russia are weighing heavily on many economies in Eurasia, while countries in the Eurozone are benefiting from lower oil prices and a modest economic recovery. Overall, economic growth in ECA will be almost non-existent in 2015, down from 1.8 percent last year, the World Bank said during the 2015 World Bank/IMF Spring Meetings.
IFC, a member of the World Bank Group, and the Ministry of Economy of the Kyrgyz Republic today launched a two-day peer-to-peer learning conference to encourage regional leaders to share best practices in business regulations and regulatory governance in an effort to spur investment, create jobs, and boost growth.