Finance - страница 38

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Kazakhstan’s future is closely linked to Russia and China: Kazakhstan’s Central Bank Governor These countries’ currencies are to play a greater role in Kazakhstan’s foreign trade as compared to the role of the US Dollar, he believes.

18 September 2013

Foreign inflows fuel Sri Lanka recovery: central bank Sri Lanka's economy grew 6.8 percent in the second quarter, up from 6.0 percent last year thanks to foreign cash inflows which helped a recovery.

17 September 2013

Fitch Ratings on oil production at Kashagan The onset of production is one reason we expect Kazakhstan's economic growth rate to recover after a slight slowdown in 2012: Fitch Ratings.

16 September 2013

Bailouts still key issue as eurozone finance ministers meet Eurozone finance ministers meet in calmer times Friday but still need to ensure bailed-out member states meet their targets amid growing speculation some will need more help to get back on track.

13 September 2013

US bailout 5 years ago avoided catastrophe: Treasury The US Treasury said Wednesday the government's massive response to the economic crisis five years ago paid off, avoiding a catastrophic breakdown of the financial system.

12 September 2013

Kazakhstan to start investing its National Oil Fund assets into its own economy starting from 2014 The annual transfer [to complement the country’s budget] from the National Oil Fund will make up about $9 billion.

12 September 2013

Kazakhstan is second largest CIS investor: EDB Kazakhstan is the second largest investor in the CIS with the investments volume of $5.6 billion.

10 September 2013

10 September 2013

National Bank releases 5 000 coin dedicated to tenge's 20th anniversary The National Bank of Kazakhstan put into circulation two new commemorative silver coins of 500 and 5 000 tenge nominal value.

10 September 2013

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Kazakhstan and China agree on construction of an oil refinery At the sitting of the Kazakh-Chinese Business Council the two sides signed contracts worth over $22 billion, according to Umirzak Shukeev, Head of Samruk Kazyna Sovereign Wealth Fund.

08 September 2013

20% of the Single Pension Fund’s assets to be invested abroad I am not sure the pension reform is complete before the end of the year: Central Bank Governor.

06 September 2013

Kazakhstan to lower corporate income tax Kazakhstan mulls lowering corporate income tax from 20 to 15 percent in 2014.

06 September 2013

IMF warns G20 of slowing emerging economies The International Monetary Fund warned the Group of 20 Wednesday that emerging economies were slowing more than expected and under pressure from US plans to slow its stimulus.

05 September 2013

Kazakhstan National Bank starts pegging tenge to fx basket The currency basket is introduced for changing the operational direction in the currency exchange policy: Marchenko.

02 September 2013

Assets of the National Oil Fund to exceed $122 billion by 2016 A transfer of $980.3 million will be made in 2014 out of the National Oil Fund to finance prep works for EXPO-2017 to be held in Astana.

28 August 2013

Kazakhstan to introduce differentiated rates of tax on real estate The country’s media reported earlier that Kazakhstan’s respective ministries seek to substantially raise taxes on cars equipped with engines of 3-4 liters.

28 August 2013

US to hit debt ceiling in mid-October: Treasury The US will hit its statutory debt ceiling in mid-October, raising the chance that the government will be forced to default on its debts.

27 August 2013

Greece may need new bailout of 10bn euros Greek Finance Minister Yannis Stournaras said that if Greece required a new bailout in 2014, it would be a "much smaller" package of around 10 billion euros with no austerity conditions attached.

26 August 2013

Brazil to spend $55 billion to defend sagging real Markets and analysts cheered Friday after Brazil's central bank pledged $55 billion until year's end to prop up the sagging real while Latin America's biggest economy is showing weak growth.

25 August 2013