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USA Kazakhstan Healthcare health reserves gold economy currency Massimov Masimov

Kazakhstan’s PM Massimov meets IMF delegation Kazakhstan's economy is set to expand by 5.9% this year, the International Monetary Fund said on Wednesday, raising its previous forecast.

06 May 2011

USAID allocating money to enhance Kazakhstan’s healthcare system The healthcare project is designed for 5 years and seeks to increase access to quality healthcare within two years’ time. Starting from the end of 2012, the Program will be focused on HIV prevention and tuberculosis prevention.

06 May 2011

Gold and currency reserves grew by 31% in January-April to $36.4 billion In April, gold and currency reserves grew by 5.14%, with net currency reserves growing by 4.92% and gold reserves growing by 7%.

05 May 2011

Kazakhstan’s Government adopts plan to secure 7% economy growth The task to ensure 7% growth was set by President Nazarbayev at an extended sitting of the Government mid-April.

05 May 2011

KazSat-2 launch put off till July 10 Khrunichev State Research and Production Space Center has not sorted out some minor faults so far: Viktor Lefter, Head of the Kazakhstan’s Center for Space Communications.

05 May 2011

Russian diplomat run a 4-year-old girl over with a car in Almaty An employee of the Consulate General of Russia run a 4-year-old girl over with an electric car in Almaty.

05 May 2011

Almaty 5.4 earthquake tagged off-standard A seismologist commented on the nature of the 5.4 earthquake near Almaty on May 1 and tagged it off-standard.

05 May 2011

ESCAP forecast Kazakhstan’s economy growth at 6.2% in 2011 After the moderate 1.2% in 2009, the economy growth bounced back up to 7% in 2010 against the backdrop of favorable external economic conditions (…) The economy is set to grow by 6.2% in 2010: Noeleen Heyzer, ESCAP Executive Secretary.

05 May 2011

EBRD to invest to Kazakhstan $1 billion this year The Bank’s current obligations to invest into Kazakhstan in future to finance projects in various sectors make up $2.8 billion Euro: Finance Minister Bolat Zhamishev.

05 May 2011

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05 May 2011

Saudi Arabia interested in grain imports from Kazakhstan When the railway link Uzen – Turkmenistan border is completed, Kazakhstan will get an access to the Persian Gulf. This will cut down the transportation route to Saudi Arabia: Minister of Transport and Communications Berik Kamaliyev.

05 May 2011

Kazakhstan’s Senate ratifies Agreement on concerted principles of currency policies The sides undertake to pursue an economic policy to raise confidence in the national currencies of the Customs Union states.

05 May 2011

Another earthquake hit Almaty oblast Another 2-magnitude earthquake registered in Almaty oblast on May 4.

05 May 2011

Kazakhstan’s PM Massimov meets Sberbank CEO German Gref Kazakhstan-based subsidiary of Russia’s Sberbank has entered the top ten banks in Kazakhstan in terms of assets recently.

04 May 2011

Examination confirmed Valeriy Tolmachev mentally sick An Italian psychiatrist Marasco made a statement that Valeriy Tolmachev suffers from mental disorder.

04 May 2011

Kazakhstan planning to bring FDI up to 13-14% of GDP Currently FDI stands at 8-9% of the GDP: Asylkhan Serikov, Head of Committee for Investments under the Ministry of Industry and New Technology.

04 May 2011

Kazakhstan’s Agriculture Ministry has no plans to ban grain exports Kazakhstan can export 5.5. million tons of grain in the 2010-2011 marketing year: Agriculture Ministry.

04 May 2011

Multinationals account for half of investments into Kazakh O&G sector For the last decade investments into the O&G sector totaled $107 billion, with about 60% of the investments being injected into projects with global oil majors: Minister of Oil and Gas Sauat Mynbayev.

04 May 2011

Tasmagambetov deduced formula for investors in Astana Imangali Tasmagambetov delivered a speech at the 2nd Investment forum Astana Invest 2011.

04 May 2011