Saint Petersburg, 13 June 2013. Eurasian Development Bank’s (EDB) Centre for Integration Studies has transferred primary poll data obtained in the framework of its ongoing research project The EDB Integration Barometer to the Joint Economic and Social Data Archive at the National Research University — Higher School of Economics
Belarus appears interested to obtain one more loan from the Anti-crisis Fund of the Eurasian Economy Community (EurAsEC), Alisher Mirzoyev, head of the Fund’s social and economic policy department, told BelaPAN.
The Fund’s decision on the possible loan application would depend to a large extent on the implementation of the current loan program for Belarus, Mr. Mirzoyev said
The Anti-crisis Fund of the Eurasian Economy Community (EurAsEC) will decide in November whether to provide the sixth, final tranche of a $3-billion stabilization loan to Belarus as scheduled, Alisher Mirzoyev, head of EurAsEC’s social and economic policy department, told BelaPAN on Tuesday.
The decision will depend on the performance of the Belarusian economy between January and September, Mr. Mirzoyev said
The Belarusian government’s GPD growth target of 8.5 percent for this year is incompatible with its intention to keep the inflation rate under 12 percent, Alisher Mirzoyev, head of the social and economic policy department of the Anti-crisis Fund of the Eurasian Economy Community (EurAsEC), told BelaPAN on Tuesday.
Even if Belarus’ GDP does grow by 8.5 percent this year, the inflation rate cannot possibly be limited to 12 percent, Mr. Mirzoyev said
Moscow, June 7, 2013 — On June 5, 2013 Eurasian Development Bank’s (EDB) acting as the EurAsEC Anti-Crisis Fund Resource Manager and Asian Development Bank’s (ADB) joint mission in Bishkek on the “Bishkek-Osh Road Rehabilitation, Phase IV” project preparation ended
Almaty, 31 May 2013. Eurasian Development Bank (EDB) signed an agreement to provide a five-year US $10 million loan facility to BelVEB Bank (Belarus) for the purposes of trade finance.
The loan will be used to finance foreign trade transactions of this bank’s clients in the EDB member states. The loan from EDB will enhance the external sources of finance for BelVEB Bank’s clients engaged in foreign trade
The Implementation of joint projects and programs in the field of hydropower and agriculture on May 28 in Dushanbe, Tajikistan was discussed by the Finance Minister Safarali Nazhmudinov and the Director of the Eurasian Development Bank (EDB) in Tajikistan Rashid Kadyrov
Almaty, 24 May 2013. Integration is not an end in itself but a tool for achieving objectives, the main of which in the area of economic development of the SES and the entire CIS region is modernisation. Igor Finogenov, Chairman of Eurasian Development Bank’s (EDB) Management Board, stated this today at the 6th Astana Economic Forum. The head of EDB described the ideas and approaches of «pragmatic Eurasianism» to the advancement of Eurasian integration. He said that without using them the development and expansion of integration in the region would be a difficult task.
Eurasian integration should be able to withstand low oil prices. «Stability can be ensured by bottom-up integration. This includes mutually beneficial flows of goods, services, labour and capital,» said Igor Finogenov. «Trans-border companies and holdings that own intertwined assets in a number of countries of the future Eurasian Union can become an important stability factor, since they form the skeleton for long-term economic integration.» He believes that cooperation should be promoted and jointly owned transnational companies, with a consolidated access for the SES manufacturers to the global market, should be set up in the areas which already offer comparative and competitive advantages. «The post-Soviet space has some ten to twenty such sectors,» said the head of EDB. «These are ferrous and non-ferrous metallurgy, coke chemistry, fertilisers, power engineering, rail engineering, heavy automobile construction, aircraft and helicopter engineering, the space industry and agriculture (primarily the grain sector)»
Astana, 22 May 2013. Igor Finogenov, Chairman of Eurasian Development Bank’s (EDB) Management Board, took part in the 26th plenary session of the Foreign Investors’ Council (FIC) chaired by the President of the Republic of Kazakhstan. The main topic of this meeting was Kazakhstan’s innovative and technological development until 2020