ADB predicts Kazakhstan's GPD to slow down to 1.5 percent in 2015
ADB lowered its forecast for Kazakhstan's economic growth expecting a decrease in private consumption in response to higher import prices and diminished private investment.
ADB provides a loan of $122 million to support S&MBs in Kazakhstan
The loan is part of the second tranche of the $500 million program to support S&MBs approved by the ADB in 2012.
Asian Development Bank to co-finance projects funded out of the National Oil Fund
One of the sources to boost the country’s economy growth will be $5.5 billion out of the National Oil Fund to be allocated in 2014 and 2015, Minister of Economic Affairs Yerbolat Dossayev said April 14.
Nazarbayev discusses cooperation with Asian Development Bank
President Nazarbayev has met with the President of the Asian Development Bank (ADB) Takehiko Nakao to discuss future cooperation.
Kazakhstan wants to get rid of aid recipient status with ADB
Kazakhstan no longer wants the status of aid recipient with the Asian Development Bank and plans to become a partner of the bank instead.
ADB injections into the Kazakh economy stand at over $2.5 billion
Kazakhstan plans to be a partner of the Asian Development Bank (ADB) to support developing countries: PM.
ADB lowers Kazakhstan’s economy growth estimate from 5.2% to 4.8%
According to the Kazakhstan’s State Agency for Statistics, the country’s GDP grew by 5.5%from January to August.
Kazakhstan’s Government and ADB to carry out joint research
The research will be financed by the country’s Government and the Bank on parity basis from 2013 to 2015.
Processing of crude into high value-added products is an effective way for Kazakhstan to attract international investors: ADB
Such projects will bring forth valuable technical know-how, enabling Kazakhstan to transform into a hub of modern industrial production and a source of innovations within the region.
Kazakhstan’s National Oil Fund could be a possible source to finance infrastructure projects: ADB Vice-President for Private Sector and Cofinancing Operations
According to her, Kazakhstan has no clear strategy in place to attract money to finance this kind of projects.
Kazakhstan to host 47th meeting of Asian Development Bank in 2014
The ADB meeting in Astana is scheduled for May 2-3, 2014.
Asian economies to rebound but recovery fragile: ADB
The Asian Development Bank said Tuesday the region's emerging economies would pick up this year but warned that the recovery remained fragile due to the eurozone crisis and tensions in Asia.
Nazarbayev signs $95 million loan from Asian Development Bank
Asian Development Bank is loaning Kazakhstan $95 million for reconstruction of a road section and construction of a new section of Western Europe-Western China transport corridor.
ADB to invest $1.6 billion to finance Kazakhstan’s infrastructure development projects
September 19 the Bank’s management and representatives of the country’s Ministry of Economic Development and Trade unveiled a new Country Partnership Strategy for 2012-2016.
Asian Development Bank (ADB) is developing a strategy of cooperation with Kazakhstan
November 4 PM Massimov met Mr. Xiaoyu Zhao, the Vice-President of ADB.
Kazakhstan may become an ADB donor: Vice Minister of Finance Ruslan Dalenov
The country has been a member of the Bank since 1994.
Kazakhstan’s PM Massimov meets ADB's Vice President Lakshmi Venkatachalam
It is the second meeting of the Kazakhstan’s PM Karim Massimov with Asian Development Bank’s management for the last five days.
Asian Development Bank annual sitting to be held in Astana in 2014
Kazakhstan’s Prime Minister Karim Massimov has met Asian Development Bank's (ADB) Vice-President Xiaoyu Zhao today.
Asian Development Bank to extend a loan worth $500 million
Kazakhstan’s Government, Damu Small Entrepreneurship Development Fund and Asian Development Bank have signed a framework agreement worth $500 million to support small and middle-sized business in Kazakhstan.