Upbeat New Zealand heading back to the black Upbeat New Zealand heading back to the black New Zealand on Thursday bucked the international trend toward austerity budgets and lifted spending modestly, while still predicting its books will be back in the black within two years.
16 May 2013
Private sector is in a better position to manage pension savings: EBRD Director for Kazakhstan Private sector is in a better position to manage pension savings: EBRD Director for Kazakhstan The payback from the pension reform could be insignificant should the Single Pension Fund’s assets be invested in the same way the National Oil Fund’s assets are invested: Fitch Ratings.
14 May 2013
Real GDP growth is to be maintained at 6%: Minister of Economic Affairs and Budget Planning Real GDP growth is to be maintained at 6%: Minister of Economic Affairs and Budget Planning May 10 the European Bank for Reconstruction and Development cut down its economy growth estimated for Kazakhstan from 6% to 4.9%.
14 May 2013
Kazakhstan to borrow $1 billion Kazakhstan to borrow $1 billion Kazakhstan plans to borrow around $1 billion at foreign markets in 2013.
13 May 2013
G7 talks growth, austerity amid yen concerns G7 talks growth, austerity amid yen concerns The G7 top economies are set for a second day of talks aimed at spurring growth amid US-Europe divisions over the scale of austerity and renewed market focus on "currency wars".
12 May 2013
G7 nations meet as US pressures Europe over austerity G7 nations meet as US pressures Europe over austerity Finance ministers and central bank chiefs from the Group of Seven leading economies will meet in the English countryside on Friday for talks on spurring growth, amid US-Europe divisions over the scale of austerity.
10 May 2013
Sri Lanka cuts lending rates hoping for growth Sri Lanka cuts lending rates hoping for growth Sri Lanka's central bank Friday cut benchmark lending rates by 50 basis points, saying the move was to designed to encourage growth amid sluggish economic activity this year.
10 May 2013
Kazakhstan's balance $1.65 billion in black Kazakhstan's balance $1.65 billion in black Kazakhstan's current accounts balance was $1.65 billion in surplus in January-March 2013.
08 May 2013
Australia cuts interest rate to record low 2.75 pct Australia cuts interest rate to record low 2.75 pct Australia's central bank cut interest rates to a record low of 2.75 percent Tuesday, citing weak domestic inflation coupled with a persistently high dollar as investment in the key mining sector hits its peak.
07 May 2013
China nears US in money to Africa: study China nears US in money to Africa: study China committed more than $75 billion to Africa in the past decade, coming close to the level of US money although the nature of Beijing's support was far different.
30 April 2013
Portugal to take two banks to court over swap deals Portugal to take two banks to court over swap deals Portugal said Friday it will take banking giants JP Morgan and Santander to court to make them renegotiate deals that have left state-run companies paying hefty interest rates.
28 April 2013
Spain begs time to fix finances, eyes growth Spain begs time to fix finances, eyes growth Spain forecast Friday it would climb out of its bitter recession in 2014 but needed two extra years to meet the European Union's target for reining in its public deficit.
27 April 2013
Kazakhstan’s President Nazarbayev urging Kazakhstanis not to invest into tax havens Kazakhstan’s President Nazarbayev urging Kazakhstanis not to invest into tax havens Grass is always greener on the other side of the fence. If you have managed to earn, invest the money inside Kazakhstan: Nazarbayev.
24 April 2013
Kazakhstan mulls restricting cash withdrawal Kazakhstan mulls restricting cash withdrawal Kazakhstan financial police is suggesting to legally restrict withdrawal of cash by individuals and legal entities.
24 April 2013
Labor migrants generate $1.1 billion a year for Kazakhstan Labor migrants generate $1.1 billion a year for Kazakhstan At least 0.57 percent of Kazakhstan's GDP -- $1.1 billion per year -- is generated by labor migrants.
24 April 2013
OECD backs Japan deflation fight, says must cut debt OECD backs Japan deflation fight, says must cut debt The Organisation for Economic Co-operation and Development on Tuesday backed Japan's bid to end years of deflation, but called on Tokyo to step up efforts to shrink its huge debt pile.
24 April 2013
GDP expected at 5% in H1 in Kazakhstan GDP expected at 5% in H1 in Kazakhstan Forecast GDP growth will make 5 percent in Kazakhstan in the first half of 2013.
23 April 2013
IMF, Egypt hope to reach loan agreement in 'weeks' IMF, Egypt hope to reach loan agreement in 'weeks' The International Monetary Fund and Egypt hope to conclude talks for a loan deal "in the coming weeks".
22 April 2013
Britain launches legal challenge to EU finance tax Britain launches legal challenge to EU finance tax The British government has launched a legal challenge against plans for a European financial transactions tax to be adopted by 11 EU states.
21 April 2013

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