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Finance

IMF on Kazakhstan’s banking sector IMF on Kazakhstan’s banking sector According to the IMF, a key task for Kazakhstan is a realistic revision of the banking sector.
31 October 2011
Average wedding party in Kazakhstan costs $7 thousand Average wedding party in Kazakhstan costs $7 thousand An arranging of national wedding party in Kazakhstan costs on roughly one million tenge (more than $6.5 thousand dollars).
31 October 2011
National Bank issued Moose Head coin: Photo National Bank issued Moose Head coin: Photo National Bank of Kazakhstan has issued Moose Head and Karaganda commemorative coins.
30 October 2011
Astana 2011-2013 budget increased by 116.6 billion tenge Astana 2011-2013 budget increased by 116.6 billion tenge Maslikhat of Astana increased the city budget by 116.6 billion tenge ($793.2 million).
29 October 2011
National Bank Governor reports to President Nazarbayev National Bank Governor reports to President Nazarbayev According to Mr. Marchenko, deposits are growing, with deposits shifting from the US Dollar to the tenge.
28 October 2011
IMF raises economy growth estimates for Kazakhstan IMF raises economy growth estimates for Kazakhstan According to the National Agency for Statistics, economy growth figure in January – August made up 6.8%.
27 October 2011
Timing of the People’s IPO can be adjusted in case of a serious crisis Timing of the People’s IPO can be adjusted in case of a serious crisis 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.
26 October 2011
Kazakhstan and Russia to abolish export duty on crude under the CIS free trade agreement Kazakhstan and Russia to abolish export duty on crude under the CIS free trade agreement The free trade agreement was signed in St. Petersburg by Russia, Ukraine Belarus, Kazakhstan, Armenia, Kyrgyzstan, Moldova and Tajikistan.
23 October 2011
National Bank to double the share of gold in gold and currency reserves National Bank to double the share of gold in gold and currency reserves When it comes to domestic demand, the Kazakhs have been more interested in silver, according to Mr. Marchenko.
22 October 2011
TENGRI LIFE
TENGRI TRAVEL
Second wave of global crisis may have Kazakhstan spend $20 billion out of National Oil Fund: Gregory Marchenko Second wave of global crisis may have Kazakhstan spend $20 billion out of National Oil Fund: Gregory Marchenko A total of $10 billion out of the Fund was spent to combat the crisis of 2008-2010.
18 October 2011
January – August foreign trade turnover announced January – August foreign trade turnover announced Earlier Tengrinews.kz reported that Kazakhstan’s Ministry of Economy Development and Trade had raised estimated 2011 exports to 76.3 billion, $17.2 billon up against the earlier estimate.
14 October 2011
Karim Massimov to suggest way out of economic crisis to CIS Karim Massimov to suggest way out of economic crisis to CIS I am planning to suggest to our colleagues, mainly from the Customs Union, to coordinate our actions in withstanding against the challenges and threats that we are currently facing: Karim Massimov.
13 October 2011
Kazakhstan Majilis approved 2012-2014 budget Kazakhstan Majilis approved 2012-2014 budget Deputies of Kazakhstan Majilis passed the 2012-2014 draft budget.
13 October 2011
GDP growth reached 7 percent in Kazakhstan GDP growth reached 7 percent in Kazakhstan GDP growth in the past 9 months made 7% in Kazakhstan: Karim Massimov.
10 October 2011
Kazakhstan university graduates earn tree times more than their Belarusian peers Kazakhstan university graduates earn tree times more than their Belarusian peers Mojazarplata.kz announced results of the poll on salaries of young professionals in the Customs Union countries.
06 October 2011
Over half of Kazakhstanies use bank cards Over half of Kazakhstanies use bank cards The number of bank cards holders in Kazakhstan has reached 8.5 million people this year.
30 September 2011
Half of Kazakhstan residents have no savings Half of Kazakhstan residents have no savings Institute of Political Solutions announced results of the poll called Crisis concerns and financial sustainability of Kazakhstan residents.
30 September 2011
Kazakhstan may increase agricultural subsidies 2.5-fold Kazakhstan may increase agricultural subsidies 2.5-fold Minister of Economic Integration talked about an agreement on common rules of state support for the agricultural sector.
27 September 2011
450 billion tenge of additional revenues to Kazakhstan budget this year 450 billion tenge of additional revenues to Kazakhstan budget this year Kazakhstan Minister of Economic Development and Trade talked about the updated budget at the Parliament meeting.
14 September 2011
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