Budget of Winter Olympics in Almaty cut by $550 million
Kazakhstan has introduced 8 changes to its bid to host the 2022 Winter Olympic Games in Almaty.
Head of Kazakh bank tags tenge deficit artificial
Chairman of one of Kazakhstani banks says that the tenge deficit in Kazakhstan is created artificially.
Kazakhstan budget may lose $5 bln in revenues
The budget revenues of Kazakhstan may be $5 bln short of target if the oil prices stay at $50 per barrel in 2015.
Kazakhstan’s Central Bank comes up with plan to reduce economy dollarization
The plan for 2015-2016 was developed concertedly with the Government and seeks to ensure macroeconomic stability, develop cashless payments, reducing the shadow economy, and prioritize the national currency over foreign currencies.
British claim to have cut EU charge false: report
A British government claim to have negotiated the halving of a £1.7 billion payment demanded by the European Union is "not supported by the facts".
India pledges $137 bn to modernise railways
India said it would spend $137 billion to modernise its crumbling railways, pledging to end a vicious cycle of under-investment.
West's shows 'unwillingness' in Ukraine truce: Lavrov
Russia called Western threats of fresh sanctions against Moscow evidence that Washington and Brussels are not interested in the success of a troubled truce in Ukraine.
Samruk-Kazyna limits forex transactions of its subsidiaries
Kazakh National Wealth Fund Samruk-Kazyna has ordered its subsidiaries to avoid making unnecessary foreign currency transactions to reduce pressure on the tenge exchange rate in Kazakhstan.
IMF approves 1.2 bn euro credit line for Serbia
The International Monetary Fund on Monday approved a 1.2 billion euro ($1.4 billion) credit line for Serbia to support its structural and economic reforms.