Atameken major business lobbying group suggests National Oil Fund assets be used to finance SMBs
In his latest State of the Nation Address [January 27], President Nazarbayev suggested the National Oil Fund money be used in the form of loans to the national economy rather than kept with foreign banks.
European investments into Kazakhstan will shrink
Professor of the Pennsylvania State University attended Asia 2020 workshop organized by the International Academy of Business.
Life improved in Kazakhstan: Statistics Agency
Economic indexes are signaling an improvement in the people’s lives.
National Oil Fund assets to finance projects involving strategic investors: Central Bank Governor
He also stressed that according to the National Bank’s estimates, in 2012 funds of the National Oil Fund may not be needed for such projects.
Kazakhstan has enough funds to withstand a financial crisis: National Bank Governor
According to him, the major issue how to manage the funds. The management, in its turn, will depend on possible manifestations of the anticipated crisis.
National Bank slashes key rate
In April the key rate could be slashed even further if the inflation rate remains at the current level: National Bank’s Governor
PM Massimov concerned over sluggish economy growth
Should we have a closer look, we see the industrial growth also slowing down: PM Massimov.
People’s IPO Program may not meet the deadline: Majilisman Murat Abenov
When during the election campaign we toured country regions we talked to common people and we found that the term “People’s IPO” makes no sense to them: Majilisman.
Astana maintenance costs 600 thousand tenge a minute
The city consumes 7,200 kW of energy and 100 cubic meters of water: Mayor.
President Nazarbayev doesn’t believe rumors over next wave of global crisis
We will further enjoy stability if we keep on developing, making sure people are content with their living standards and the nation is respected by the rest of the world: President Nazarbayev.
Labor Minister asks PM Massimov to earmark extra money to finance Employment Program
As of January 1, 2012 professional training and retraining programs have been offered to 69 000 people.
Samruk-Kazyna instructed national companies to help BTA Bank out
Umirzak Shukeyev, Chairman of Samruk-Kazyna, encouraged national companies to support BTA Bank by opening accounts and deposits in the finance institute.
Managing Director of Samruk-Kazyna Welfare Fund on People’s IPO
Managing Director of Samruk-Kazyna Welfare Fund Peter Howes announced January 31 that at least 160 000 people are expected to be covered by the People’s IPO Program.
Anvar Saidenov hopes for fast restructuring of BTA Bank
BTA confirmed its intention to restructure obligations on senior unsecured and junior bonds for the total amount of $3.5 billion.
National companies could fund major projects in Kazakhstan
National companies could be made a source of financing for major projects in Kazakhstan.
Nazarbayev says no more pompous conferences
Nursultan Nazarbayev demanded to stop holding pompous conferences and meetings.
President Nazarbayev instructs to optimize national companies
Mr. Shukeev has seen how many highly-paid penpushers are employed with companies that are part of the Samruk Kazyna Fund: Nazarbayev.
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.
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.
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.