Kazakhstan to revisit its 2015 budget with falling oil prices in mind
There are certain signs of economic slowdown. For the 9 months of the year the country’s economy has only grown by 4%. The Government is doing its best to support entrepreneurship with affordable loans: Baiterek State-run Hoding Company Head.
G20 optimistic on global economy
Finance chiefs of the Group of 20 economic powers said they remained confident about the global economy, despite renewed weakness in areas like the eurozone.
11 October 2014
IMF: Ukraine needs more financial support
The IMF said that embattled Ukraine will need more financing in addition to what the Fund and European partners have offered in the face of "major uncertainty."
National payment system in Kazakhstan unfeasible: experts
Amidst sanctions standoff between the West and Russia, Kazakhstan is concerned with the lack of its own payment system. Experts comment on possibilities and limitations in introducing such a system.
IMF slashes Brazil growth forecast for 2014
The International Monetary Fund slashed its 2014 economic growth forecast for Brazil by a full percentage point, blaming weak investment and a consumer funk.