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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.

22 February 2012

European investments into Kazakhstan will shrink Professor of the Pennsylvania State University attended Asia 2020 workshop organized by the International Academy of Business.

22 February 2012

Life improved in Kazakhstan: Statistics Agency Economic indexes are signaling an improvement in the people’s lives.

16 February 2012

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.

15 February 2012

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.

14 February 2012

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

14 February 2012

PM Massimov concerned over sluggish economy growth Should we have a closer look, we see the industrial growth also slowing down: PM Massimov.

14 February 2012

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.

13 February 2012

Astana maintenance costs 600 thousand tenge a minute The city consumes 7,200 kW of energy and 100 cubic meters of water: Mayor.

10 February 2012

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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.

07 February 2012

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.

04 February 2012

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.

01 February 2012

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.

31 January 2012

National companies could fund major projects in Kazakhstan National companies could be made a source of financing for major projects in Kazakhstan.

30 January 2012

Nazarbayev says no more pompous conferences Nursultan Nazarbayev demanded to stop holding pompous conferences and meetings.

30 January 2012

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.

27 January 2012

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.

27 January 2012

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.

27 January 2012

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.

27 January 2012