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Economy

news Kazakhstan Kazakh city CIS Astana Almaty Aktau refinery president
Astana, Almaty and Aktau tagged best CIS cities Astana, Almaty and Aktau tagged best CIS cities International Assembly of Capitals and Large Cities awarded three Kazakhstan cities with the Best CIS and EurAsEC City titles in 2011.
27 January 2012
Kazakhstan to boost petrol production threefold with a new deeper conversion complex at the Atyrau-based oil refinery Kazakhstan to boost petrol production threefold with a new deeper conversion complex at the Atyrau-based oil refinery In his State of the Nation Address President Nazarbayev outlines industrial projects of prime importance to Kazakhstan.
27 January 2012
Nazarbayev urges to toughen control over pension funds Nazarbayev urges to toughen control over pension funds Heads of some pension funds manage the money as if it were their own and serve interests of shareholders: Nazarbayev.
27 January 2012
Nazarbayev suggests investing National Oil Fund money into the economy Nazarbayev suggests investing National Oil Fund money into the economy Let’s invest the money into the national economy rather than keep it with Western banks: Nazarbayev.
27 January 2012
President Nazarbayev instructs to work out one-industry towns development program President Nazarbayev instructs to work out one-industry towns development program In a separate statement President Nazarbayev said that the state of emergency in the Western oil city of Zhanaozen would not be extended.
27 January 2012
BTA shareholders failed to reach any decision on second debt restructuring BTA shareholders failed to reach any decision on second debt restructuring BTA announced its plans of the second debt restructuring in December 2011. Its main shareholder – Samruk-Kazyna Sovereign Wealth Fund – voiced its support to the proposed debt restructuring.
26 January 2012
Prices of commodities exported by Kazakhstan will inevitably drop: Massimov Prices of commodities exported by Kazakhstan will inevitably drop: Massimov Drop of prices of energy and mineral resources exported by Kazakhstan is inevitable: Karim Massimov.
26 January 2012
Fuel prices in Kazakhstan will remain unchanged in February Fuel prices in Kazakhstan will remain unchanged in February Fuel prices ceiling will remain at the same level as in January.
26 January 2012
Timur Kulibayev suggests working out a new agriculture development program Timur Kulibayev suggests working out a new agriculture development program We are a nation where half of population live in rural areas and we are still not capable of meeting the internal demand for agricultural produce: T. Kulibayev.
26 January 2012
TENGRI LIFE
TENGRI TRAVEL
Kazakhstan exports 4.1 million tons of grain in Jan – Dec 2011 Kazakhstan exports 4.1 million tons of grain in Jan – Dec 2011 One of the hurdles to the exports plan is shortage of railway grain carriers.
25 January 2012
Kazakhstan's external debt made $124 billion Kazakhstan's external debt made $124 billion Kazakhstan’s external debt is $124 billion: Finance Vice-Minister.
24 January 2012
Kazakhstan PM refuted gossips on reorganization of Samruk-Kazyna Kazakhstan PM refuted gossips on reorganization of Samruk-Kazyna Kazakhstan Prime-Minister Karim Massimov refuted the gossips about transferring of KazMunaiGas and Kazakhstan Temir Zholy to respective ministries. Commented People's IPO plans and Kashagan budget.
23 January 2012
Kazakhstan's international ratings improved in 2011 Kazakhstan's international ratings improved in 2011 Kazakhstan gained 11 lines in Doing Business rating of the World Bank and is ranked 47th.
23 January 2012
Number of Kaznet users reached 6.5 million people Number of Kaznet users reached 6.5 million people The number of users of Kazakhstan’s Internet segment has reached 6.5 million people.
23 January 2012
New head of Kazakhstan financial police instructed to suppress financing of extremists and terrorists New head of Kazakhstan financial police instructed to suppress financing of extremists and terrorists New chairman of Kazakhstan Agency for Countering Economic and Corruption Crime Rashid Tusupbekov was introduced to the financial police officers.
23 January 2012
No plans to halt People’s IPO: PM Karim Massimov No plans to halt People’s IPO: PM Karim Massimov According to President Nazarbayev, the IPO for the general public will enable citizens to purchase shares of the largest Kazakh companies, giving them a new tool for investments and savings.
23 January 2012
Second wave of the global crisis to hit the world in 2012-2013: PM Karim Massimov Second wave of the global crisis to hit the world in 2012-2013: PM Karim Massimov “[The second wave] will take place in 2012-2013. No politician is able to take any measures to prevent that: K. Massimov
23 January 2012
Wages of state workers doubled in 5 years in Kazakhstan Wages of state workers doubled in 5 years in Kazakhstan Kazakhstan kept increasing pensions, salaries of public sector employees and other social payments.
20 January 2012
Kazakhstan maintained stability of financial sector after global crisis Kazakhstan maintained stability of financial sector after global crisis Karim Massimov summed up the results of implementation of the 2-year anti-crisis program called ‘5 Big Deals’.
20 January 2012
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