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Kazakh President Nursultan Nazarbayev promoted a former deputy premier to succeed longtime ally prime minister Karim Massimov.
Kazakhstan's ageing President Nursultan Nazarbayev shifted longtime ally Karim Massimov from prime minister to security chief.
Kazakh MPs' proposal to dissolve the Majilis (Lower Chamber) and call for snap elections awaits approval of President Nazarbayev.
According to Kazakhstani financial analyst Baitas Kurmanov, Kazakh tenge exchange rate has finally stabilized.
Kazakhstan's Prime Minister Karim Massimov described the implications of the Russian ruble's devaluation in fall 2014 for the Kazakh economy.
The Government will be rendering support to socially vulnerable groups of population. In the long run (…) it’s impossible to support all troubled industries out of taxpayers’ money: Karim Massimov.
From August 20 the National Bank and the Government have decided to implement a new monetary policy based on inflation targeting and to renounce the earlier practiced currency corridor.
The National Bank will not be directly defining the exchange rate, but will retain the right to rely on currency interventions if the financial system faces threats of destabilization.
The civil society should play a greater role in eradicating promotion of terror and extremism ideas, he believes.
Prime Minister of Kazakhstan Karim Massimov said that energy security was one of the major challenges faced by the global community and that Kazakhstan was working hard to contribute to overcoming of this global issue.
According to him, against the backdrop of global economic uncertainty our nations should unleash the potential of their friendship to have large-scaled tasks accomplished to the benefit of their people.
In Astana, Kazakhstan’s capital city, the country’s PM Karim Massimov met Chinese Premier Li Keqiang.
PM Karim Massimov has gathered a swift government meeting to give specific instructions to state bodies on the implementation of tasks outlined in Nazarbayev's State of the Nation Address of November 11.
All the Government’s obligations related to pension allowances, salaries in the public sector, welfare allowances should be respected. However challenging the task may be, it has to be accomplished, he said.
Payment system in Kazakhstan may be rebased to mobile phones in future, according to Prime Minister of Kazakhstan Karim Massimov.
Kazakhstan’s Prime Minister Karim Massimov named brain drain as one of the main challenges to the economy of Kazakhstan.
Russian Premier Dmitry Medvedev has met with his Kazakhstani counterpart Karim Massimov in Sochi.
Prime Minister of Kazakhstan Karim Massimov said that changes to the state budget were needed to support the Kazakhstan economy afore the changing economic situations in Russia and China.
Kazakhstan’s Prime Minister Karim Massimov considers that preventive methods are a more effective way of fighting the shadow economy and corruption rather than punitive measures.
Some governments tell their respective companies where they are supposed to operate (…) that is geopolitics are of greater importance than the global economy: Karim Massimov.
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