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Finance

IMF upbeat about Kazakhstan’s economy IMF upbeat about Kazakhstan’s economy International Monetary Fund (IMF) in its World Economic Outlook report forecasts that the 2012 Kazakhstan’s real GDP growth will make up 5.9%, reaching 6% in 2013.
18 April 2012
Kazakhstan will suspend gas supplies to Kyrgyzstan on May 1 Kazakhstan will suspend gas supplies to Kyrgyzstan on May 1 Kazakhstan is going to stop gas supplies to Kyrgyzstan for debts.
17 April 2012
KazTransOil to float its shares within People’s IPO in September KazTransOil to float its shares within People’s IPO in September www.halyk-ipo.kz website has been launched recently to provide news on the Program, informing visitors on the participating companies and securities market basics.
13 April 2012
Astana budget is 2.5 times the size of Minsk budget Astana budget is 2.5 times the size of Minsk budget Astana budget is 2.5 times larger than the budget of Minsk.
12 April 2012
Kazakhstan launches a website to promote its People’s IPO Program Kazakhstan launches a website to promote its People’s IPO Program According to President Nazarbayev, the IPO for the general public will enable citizens to purchase shares of the largest Kazakh companies, giving them a new tool for investments and savings.
12 April 2012
Central Bank Governor on international reserves Central Bank Governor on international reserves Kazakhstan’s net international reserves in March 2012 decreased by 8.79% against February to make up $31.753 billion
11 April 2012
Marchenko told about Nazarbayev's instructions Marchenko told about Nazarbayev's instructions BTA bank will continue into the second restructuring. Alliance Bank will be merged or sold to a strategic investor.
11 April 2012
Annual inflation reached its 14-year lowest in Kazakhstan Annual inflation reached its 14-year lowest in Kazakhstan 12-month inflation rate in Kazakhstan has reached its 14-year minimum as of April 2012: Marchenko.
11 April 2012
President Nazarbayev urges to stabilize BTA and Alliance Banks following debt restructuring President Nazarbayev urges to stabilize BTA and Alliance Banks following debt restructuring He emphasized that threats to the global economy and limgering Eurozone problems may have their effect on the country’s financial system.
11 April 2012
TENGRI LIFE
TENGRI TRAVEL
Kazakhstan passes the first ever Islamic Finance Development Roadmap Kazakhstan passes the first ever Islamic Finance Development Roadmap Kazakhstan is already home to Al Hilal Islamic Bank. The Bank is a 100% subsidiary of Al Hilal Bank, UAE, and the first Islamic bank in Kazakhstan and CIS countries.
10 April 2012
Over 2,000 employees of Kazpost to be involved in People's IPO Over 2,000 employees of Kazpost to be involved in People's IPO Over 2 thousand employees of Kazpost will be involved in implementation of the People's IPO program.
06 April 2012
Kazakhstan prefers to invest in Kyrgyzstan banking sector Kazakhstan prefers to invest in Kyrgyzstan banking sector Kyrgyzstan's banking sector is the most attractive sector in the country's economy for Kazakhstan investors.
04 April 2012
Ski jumps construction to be continued in Almaty Ski jumps construction to be continued in Almaty Almaty city’s budget was increased by 21.3 billion tenge ($144 million).
04 April 2012
Customs Union as catalyst for economy growth: Russia’s Economy Minister Customs Union as catalyst for economy growth: Russia’s Economy Minister Kazakhstan’s foreign trade between Kazakhstan and the Customs Union in 2011 grew by 40.8% to reach $24.526 billion.
03 April 2012
Development Bank of Kazakhstan designates underwriters of the first ever Sharia-compliant sukuk bond issue Development Bank of Kazakhstan designates underwriters of the first ever Sharia-compliant sukuk bond issue The planned overall sukuk program is worth $500 million, with the first five-year batch standing at $200-300 million.
02 April 2012
FBI experts train Kazakhstan financial police to detect money laundering FBI experts train Kazakhstan financial police to detect money laundering FBI experts trained personnel of Kazakhstan financial police on detection of money laundering schemes and financial terrorism.
30 March 2012
Zhanaozen administration estimated damage from clashes at 250 million tenge Zhanaozen administration estimated damage from clashes at 250 million tenge The damage caused to Zhanaozen town during the clashes of December 16, 2011, made 250 million tenge.
30 March 2012
BTA Bank estimates its damage from Zhanaozen clashes at 56 million tenge BTA Bank estimates its damage from Zhanaozen clashes at 56 million tenge BTA Bank has calculated its losses from December clashes in Zhanaozen.
30 March 2012
State-run Employment Program to cover 200 000 people in 2012 State-run Employment Program to cover 200 000 people in 2012 New jobs should be offered to at least 1.5 million people by 2020, President instructed in his State of the Nation Address January 27.
30 March 2012
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