Economy - страница 161

refinery Oil news Kazakhstan Kazakh National Bank Marchenko Debt

Kazakhstan, Slovenia and China to jointly construct an oil refinery in the north of Kazakhstan The project will be implemented within the state-run program of oil refineries development in 2009-2015.

26 July 2012

Kazakhstan’s gross foreign debt as of March 31, 2012 stood at $129.3 billion According to Mr. Marchenko, the debt of the Government and the National Bank make up 4% of the overall debt figure, that is $5.2 billion.

26 July 2012

Kazakhstan road policemen will get pay rise Last year their wages were raised by 30 percent. This year we are planning an additional raise: Road Police chairman.

26 July 2012

Kazakhstan government will help famers suffering from drought Kazakhstan Agriculture Ministry is working on measures to support farmers in relation to the severe drought in Kazakhstan.

26 July 2012

Kyrgyzstan gas debt to Kazakhstan is complicated and growing KyrgyzGas finds it had to collect the debts from its Kyrgyz users of gas.

26 July 2012

There is no point in making creative ads in Kazakhstan: expert Famous Kazakhstan experts have expressed their opinions on development of Kazakhstan's advertisement market.

26 July 2012

China's economy to rebound in second half: IMF China's economy will rebound in the second half of 2012 to achieve annual growth of eight percent as government policies to spur growth take effect.

26 July 2012

Kazakhstan Central Bank’s Governor on economic prospects The worst scenario envisages measures in case the oil price hits the bottom of $40 per barrel. The Government in partnership with the National Bank have developed respective action plans, incentives to support the economy: Gregory Marchenko.

25 July 2012

National Bank’s Governor doesn’t rule out further slashing down the key rate In the H1 2012 Kazakhstan slashed its key rate three times: in February from 7.5% to 7%, in April from 7% to 6.5% and in June from 6.5% to 6%.

25 July 2012

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National Oil Fund’s average annual earning capacity stands at 4.51% The Fund’s assets in 2011 and the H1 2012 grew by $20.8 billion: National Bank’s Governor Gregory Marchenko.

25 July 2012

Euro inches off multi-year lows in Asian trade The euro inched higher in Asian trade on Wednesday after hitting new multi-year lows against the dollar and yen amid worries over the European debt crisis.

25 July 2012

Australian gas rush set to overhaul Qatar's lead Australia is set to become the world's biggest liquefied natural gas producer, with analysts predicting it will overtake Qatar by 2020 as it unlocks reserves that could last more than a century.

25 July 2012

Huge money spin in Kazakhstan's shadow economy The turnover of Kazakhstan’s shadow economy has amounted not to even to dozens but to hundreds of millions of dollars in the last 5 years.

25 July 2012

Property boom transforming Philippine skylines As a Philippine property boom gathers pace, even Paris Hilton, Donald Trump and high-fashion house Versace are getting a piece of the action.

25 July 2012

Markets panic as eurozone faces turbulent summer The world market panic that started the week looked all too familiar: an alarming reminder of last summer's financial storm brought on by the eurozone debt crisis.

24 July 2012

Moody's cuts Germany outlook Moody's took the first step toward stripping Germany of its coveted AAA credit rating on Monday, cutting the outlook for Europe's largest and most pivotal economy to "negative."

24 July 2012