Economic journalism club starts working in Bishkek


The International Business Council (IBC) conducted the first training module of the Economic Journalism Club on July 24th on: “How to read numbers: analysis of statistical data and financial reporting”.

Maksatbek Ishenbaev, the CEO of the Bai-Tushum Bank, gave a welcome speech.

Data visualization experts from Capital media company (Kyrgyzstan) and the Data School Kyrgyzstan shared with the club participants the right way to “read the numbers” and solidified their knowledge with hands-on experience.

Bai-Tushum Bank’s specialists shared the interesting insights on the development of regional economies through value-added chains, Tilek Eraliev, the Kyrgyz Stock Exchange Board member, spoke about listing at the KSE.

Economic journalism club project started in July this year with the support of the US Embassy in Kyrgyzstan.

Everyone who wished to enhance his knowledge in economics and business was invited to participate in contest. Current journalists, freelancers and young journalists submitted applications. The competent commission selected 30 participants who will complete the training program by the end of the year, which includes four stages: trainings, visits to the country’s leading enterprises in Bishkek and regions, plenary discussions with representatives of the business community. The program result will be competition among participants for best works.

“By working on solution of IBC members’ problems, we made certain over and over that the opinion about investors is formed by media reports. Conscious of this, we decided to help to offering insight into the investment climate in the country more objectively, to show success stories”, Executive Director of the IBC Askar Sydykov commented on the reason for the club’s creation.

Another reason for creation of the club was the necessity to expand mass media’s contacts with experts and business communities.

“The media often contact us for comments about the current events in economy and investments”, explained Askar Sydykov. “At the same time, they complain about the lack of contacts with the business. That’s why we decided to create this club, which, I hope, will help to solve several problems at once, including raising the professional literacy of journalists, establishing their contacts with the businesses, experts and various organizations. In the future, we want to make the club a permanent platform not only for journalists, but also for all those who are interested in the development of the economy in the country. On the club’s information platform, bloggers will be able to exchange views, and contacts of businesses and experts. We will support this platform as far as possible”.

“By creating this club, we want to help objectively offering insight into the economics, which as a result will assist to attraction of investors to the country, and so to the development of its economy”, concluded IBC’s Executive Director.