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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.
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.
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.
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.
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.
Nazarbayev instructs government to cut back expenses
Nursultan Nazarbayev has instructed the government and Akims (Mayors) to cut back expenses where possible.
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.
Kazakh ministries see their budgets cut
As part of state-wide austerity measures, Kazakhstan cuts expenditures of its ministries.
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.
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.
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).
Kazakh budget revised amidst dropping oil prices
Kazakhstan is revising its budget because of the falling global oil prices.
Astana and Almaty avail of government investments
Astana, Almaty and Almaty Oblast receive the largest portion of the public investments in Kazakhstan.
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.
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.
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.
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.
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.
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.
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.
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