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Economy

supplies Nursultan Nazarbayev news Nazarbayev Kazakhstan Kazakh Food Uzbekistan trade smuggle
Kazakhstan will 100% supply itself with food Kazakhstan will 100% supply itself with food Kazakhstan's domestic production will fully meet the country's demand for food.
03 March 2012
One third of Uzbekistan smuggled goods destined for Kazakhstan One third of Uzbekistan smuggled goods destined for Kazakhstan 35% of agricultural products smuggling from Uzbekistan is destined for Kazakhstan.
02 March 2012
Non-primary goods made up ¼ of the overall Kazakhstan’s exports in 2011: President Nazarbayev Non-primary goods made up ¼ of the overall Kazakhstan’s exports in 2011: President Nazarbayev President reminded that the foreign trade turnover in 2011 amounted to $126 billion, 40% up from 2010.
02 March 2012
President Nazarbayev speaks in favor of a common free trade zone in Central Asia President Nazarbayev speaks in favor of a common free trade zone in Central Asia Kazakhstan has been consistently promoting integration within Central Asia. All our neighbors do know that: President Nazarbayev.
02 March 2012
Recoverable oil reserves in Kazakhstan to last for 50-60 years Recoverable oil reserves in Kazakhstan to last for 50-60 years The figure may be increased from the current 5.3 to 17 billion tons through geological exploration works.
02 March 2012
Kazakhstan government named affordable housing prices Kazakhstan government named affordable housing prices Kazakhstan affordable housing will cost from 70 to 90 thousand tenge ($470-610) per one square meter.
01 March 2012
BTA Bank to cut 25 percent of jobs BTA Bank to cut 25 percent of jobs BTA Bank has started optimizing its personnel and structure. 25% of its employees are going to be axed.
01 March 2012
Kazakhstan’s Vice PM commissioned to negotiate delayed Baiterek space launch complex with Russia Kazakhstan’s Vice PM commissioned to negotiate delayed Baiterek space launch complex with Russia Initially the Baiterek (“poplar tree”) space launch complex was supposed to be constructed at Baikonur in 2013, following the testings of Angara booster rocket.
29 February 2012
Government and Samruk-Kazyna to submit final plan on People’s IPO within 10 days Government and Samruk-Kazyna to submit final plan on People’s IPO within 10 days I believe the efforts to raise general public’s awareness of the IPO have been inadequate: PM Massimov.
29 February 2012
TENGRI LIFE
TENGRI TRAVEL
KazMunaiGas to obtain a loan of $4 billion out of the National Oil Fund to finance Kashagan development KazMunaiGas to obtain a loan of $4 billion out of the National Oil Fund to finance Kashagan development According to Kazakhstan geologists, geological reserves of Kashagan are estimated at 4.8 billion tons of oil.
29 February 2012
Kazakhstan’s air force to be equipped with two C-295 military aircraft from European aircraft maker Airbus Kazakhstan’s air force to be equipped with two C-295 military aircraft from European aircraft maker Airbus By 2018 the military fleet of Kazakhstan will have been equipped with a total of 8 C-295 aircraft.
29 February 2012
30-percent pay rise impracticable: ArcelorMittal Temirtau 30-percent pay rise impracticable: ArcelorMittal Temirtau Management of ArcelorMittal Temirtau have reviewed the decision of the employees conference held on February 25.
28 February 2012
Kazakhstan Government introduces moratorium on hiring extra manpower by public bodies Kazakhstan Government introduces moratorium on hiring extra manpower by public bodies In a statement January 27, 2012 President Nazarbayev instructed Head of Samruk-Kazyna Sovereign Wealth Fund, “to optimize the headcount of ministries, regional governors’ offices”.
28 February 2012
$3-3.5 billion of the National Oil Fund money may be injected into investment projects in 2013-2016 $3-3.5 billion of the National Oil Fund money may be injected into investment projects in 2013-2016 In his State of the Nation Address January 27, 2012, President Nazarbayev suggested the National Oil Fund money be used in the form of loans to the national economy rather than kept with foreign banks.
27 February 2012
Kazakhstan GDP per capita will reach $12.5 thousand Kazakhstan GDP per capita will reach $12.5 thousand Kazakhstan Prime-Minister talked about the plans for Kazakhstan's economis growth in 2012.
27 February 2012
Russia to send its oil to Kazakhstan duty free before 2014 Russia to send its oil to Kazakhstan duty free before 2014 After 2014 the two nations will be relying on swap operations: Samruk Kazyna Sovereign Wealth Fund Head Umirzak Shukeev.
27 February 2012
The Government slashes $170 million of planned expenses on celebrations and events The Government slashes $170 million of planned expenses on celebrations and events Besides, public bodies are banned from purchasing foreign cars: PM Massimov.
27 February 2012
Kazakhstan is to enter the WTO by the end of the year: PM Massimov Kazakhstan is to enter the WTO by the end of the year: PM Massimov According to him, the Government is defending the most favorable conditions to develop the national economy following the accession.
27 February 2012
More National Oil Fund money to be injected to the national budget in crisis periods More National Oil Fund money to be injected to the national budget in crisis periods The annual transfer from the National Oil Fund to the national budget in crisis years may grow from $6.8 to $9.2 billion.
27 February 2012
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