Presence of foreign banks does not pose systematic risks in middle term Presence of foreign banks does not pose systematic risks in middle term The architecture of the Kazakhstan’s banking sector will not be changed with foreign players entering the market: Grigory Marchenko, Head of the National Bank.
28 April 2011
Kazakhstan GDP grew 6.5% in Q1 2011 Kazakhstan GDP grew 6.5% in Q1 2011 Ministry of Economic Development announced the Q1 2011 economic results. Customs Union yielded noticeable results.
27 April 2011
Q1 2011 budget surplus standing at $ 2 billion: Troika Dialogue Q1 2011 budget surplus standing at $ 2 billion: Troika Dialogue We expect a budget surplus of 5% of the national GDP: experts with Troika Dialogue Investment Company.
25 April 2011
Banks assets stand at $84.6 billion as of April 1 Banks assets stand at $84.6 billion as of April 1 Total deposits grew 3.9% in March, making up $49.5 billion, with 67.8% being deposits of legal entities.
25 April 2011
76% say investments into Kazakhstan sucessful: Ernst & Young 76% say investments into Kazakhstan sucessful: Ernst & Young According to Ernst & Young, one of the Big Four auditors, 81% of the investors believe their investments to Kazkahstan were a right decision. 76% of them consider the investments to be successful.
25 April 2011
Almaty Akim instructed to simplify tax reporting for business Almaty Akim instructed to simplify tax reporting for business 43 thousand of individual entrepreneurs of Almaty are awaiting simplification of tax reporting.
24 April 2011
Mussabayev talked about Russia's benefits from Baikonur Mussabayev talked about Russia's benefits from Baikonur Talgat Mussabayev from Kazakh National Space Agency spoke about Russia's profit from Baikonur. Kazakhstan needs ways to continue the cosmodromes operations in case Russia moves away to its own space centers.
23 April 2011
Ex-chairman of abrogated agency got a job in Samruk Kazyna Ex-chairman of abrogated agency got a job in Samruk Kazyna Former chairman of the abrogated Financial Supervision Agency Yelena Bakhmutova will work in Samruk Kazyna Sovereign Wealth Fund.
19 April 2011
Concerted currency policy for the Customs Union: Marchenko Concerted currency policy for the Customs Union: Marchenko Customs Union member states – Kazakhstan, Russia, Belarus – should pursue a concerted currency policy in order to prevent exchange rates steep fluctuations of the countries’ currencies: Gregory Marchenko, Chairman of the National Bank.
19 April 2011
Kazakhstan’s aggregate gold and currency reserves exceed $ 70 billion Kazakhstan’s aggregate gold and currency reserves exceed $ 70 billion Earlier, the National Bank informed that the gold and currency reserves of the National Bank grew 25% for January – March, reaching $ 34.6 billion.
19 April 2011
Kazakhstan Q1 2011 GDP growth stands at 6.5% Kazakhstan Q1 2011 GDP growth stands at 6.5% PM Karim Massimov announced GDP growth of 6.5% in Q1 2011 on his Twitter account today.
11 April 2011
Debtors will no longer be allowed to travel abroad Debtors will no longer be allowed to travel abroad Kazakhstani Ministry of Justice plans to prohibit the exit from the country for those Kazakhstan citizens, who have tax or alimony arrears.
08 April 2011
Clean up of Kazakh banks may start July 1 Clean up of Kazakh banks may start July 1 Introduction of a new mechanism to clean up banks of bad loans needs some amendments into the applicable legislation: Gregory Marchenko, Chairman of the National Bank.
07 April 2011
Kazakh imports grew 10.3% in 2010 Kazakh imports grew 10.3% in 2010 In 2010 imports figure stood at $ 30.4 billion, against $ 28.4 billion in 2009.
06 April 2011
Kazakh National Bank issued Olympics-2012 silver coin Kazakh National Bank issued Olympics-2012 silver coin Kazakhstan National Bank issued an Olympics-2012 silver coin.
06 April 2011
Gold and currency reserves 17% up since start of year Gold and currency reserves 17% up since start of year Kazakhstan’s gold and currency reserves, including those of the National Bank and the National Fund, make up $ 69 billion as of the end of March.
06 April 2011
World Bank announces grant competition World Bank announces grant competition World Bank Country Office has announced launch of a grant competition under the Civil Society Social Development Program worth $ 45,000 for nonprofit, nongovernmental, nonacademic organizations of Kazakhstan.
06 April 2011
Kazakhstan citizens saved 2.3 trillion tenge for retirement Kazakhstan citizens saved 2.3 trillion tenge for retirement FSA report: Kazakhstan citizens ve saved 2.3 trillion tenge ($15.8 billion) for retirement.
31 March 2011
No reason for the tenge’s steep appreciation No reason for the tenge’s steep appreciation In 2011 the tenge has strengthened against the US Dollar 1.1%.
31 March 2011

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