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India pledges billions for farmers in 'populist' budget India’s government pledged billions of dollars to help struggling farmers and boost the rural economy as it unveiled its annual budget.
29 February 2016
Yerbolat Dossayev ©Central Communiations Service under the President of the Republic of Kazakhstan Kazakhstan revises 2015 inflation rate forecast Minister of National Economy Yerbolat Dossayev announced the increase of inflation corridor from 6-8 percent to 8-10 percent for 2015.
23 November 2015
Spain backs France's decision to miss EU deficit target Spain backed France's decision to let EU deficit obligations slide in order to step up spending on security in the wake of the Paris terror attacks.
18 November 2015
Obama vetoes $612 bn defense bill citing Gitmo, 'gimmicks' US President Barack Obama vetoed a $612 billion defense spending bill, saying it prevented the closure of Guantanamo Bay prison and wasted money on unwanted programs.
23 October 2015
Photo © Turar Kazangapov Teachers to get 50% salary raise in 2016: Kazakhstan Minister of Education and Science Teachers’ salaries will be increased by 20-50% depending on the qualifications.
08 September 2015
Photo © Akorda press office Nazarbayev instructs government to cut back expenses Nursultan Nazarbayev has instructed the government and Akims (Mayors) to cut back expenses where possible.
11 August 2015
Photo © Turar Kazangapov Nazarbayev criticises EXPO-2017 preparations President of Kazakhstan Nursultan Nazarbayev has criticized the preparations for the upcoming EXPO-2017 in Astana and urged to draw on the experience of Lisbon and Shanghai.
15 July 2015
Ministry of Internal Affairs of Kazakhstan ©Marat Abilov Kazakh ministries see their budgets cut As part of state-wide austerity measures, Kazakhstan cuts expenditures of its ministries.
01 April 2015
Photo courtesy of raznesi.info Kazakhstan budget may lose $5 bln in revenues The budget revenues of Kazakhstan may be $5 bln short of target if the oil prices stay at $50 per barrel in 2015.
06 March 2015
The Central Election Commission of the Republic of Kazakhstan ©Turar Kazangapov Cost of presidential election in Kazakhstan - 5 billion tenge Minister of National Economy of Kazakhstan Yerbolat Dossayev said that the government envisioned spending 5 bln tenge on the presidential election next year.
23 February 2015
©Tengrinews illustration Kazakhstan cuts state expenditures by 10 percent President of Kazakhstan Nursultan Nazarbayev has ordered to reduce government spending by 700 billion tenge ($3.78 billion).
13 February 2015
©argumentua.com Kazakh budget revised amidst dropping oil prices Kazakhstan is revising its budget because of the falling global oil prices.
19 January 2015
Photo courtesy of BNews.kz Astana and Almaty avail of government investments Astana, Almaty and Almaty Oblast receive the largest portion of the public investments in Kazakhstan.
25 December 2014
Photo © RIA Novosti Kazakh National Fund grows despite drop in oil prices: Minister of Finance Despite the drop in oil prices, Kazakhstan’s National Fund continues to grow.
22 December 2014
International Monetary Fund (IMF) Managing Director Christine Lagarde. ©REUTERS IMF policies criticised over Ebola outbreak IMF policies left healthcare systems in the African countries worst affected by Ebola underfunded and lacking doctors, and hampered a coordinated response to the outbreak.
22 December 2014
Tengrinews.kz stock photo © Kazakhstan has no plans to revisit its budget: National Economy Minister No, we will not be holding any consultations with Russia. Kazakhstan has been pursuing its own monetary policy, he said among other things.
18 December 2014
Photo courtesy of complianceblog.ru Study says countries lost $1 trillion to corruption in 2012 A global anti-corruption group said that nearly $1 trillion was illicitly drained from developing countries in 2012, representing a record level of corruption.
16 December 2014
Venezuela to slash budget after OPEC steadies output Venezuelan President ordered his government to slash the budget of his oil-dependent and economically-weak nation.
29 November 2014
©REUTERS Money from National Fund to help out Kazakh economy Experts talk about tasks set by Nazarbayev in his State-of-the-Nation Address and allocation of additional $3bln in the next three years.
17 November 2014
©REUTERS Minister of National Economy says $2.3bln budget deficit awaits Kazakhstan The Minister of National Economy of Kazakhstan Yerbolat Dosayev spoke about the changes to the national budget due to reduced economic growth and negative external factors.
31 October 2014
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