India’s government pledged billions of dollars to help struggling farmers and boost the rural economy as it unveiled its annual budget.
Minister of National Economy Yerbolat Dossayev announced the increase of inflation corridor from 6-8 percent to 8-10 percent for 2015.
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.
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’ salaries will be increased by 20-50% depending on the qualifications.
Nursultan Nazarbayev has instructed the government and Akims (Mayors) to cut back expenses where possible.
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.
As part of state-wide austerity measures, Kazakhstan cuts expenditures of its ministries.
The budget revenues of Kazakhstan may be $5 bln short of target if the oil prices stay at $50 per barrel in 2015.
Minister of National Economy of Kazakhstan Yerbolat Dossayev said that the government envisioned spending 5 bln tenge on the presidential election next year.
President of Kazakhstan Nursultan Nazarbayev has ordered to reduce government spending by 700 billion tenge ($3.78 billion).
Kazakhstan is revising its budget because of the falling global oil prices.
Astana, Almaty and Almaty Oblast receive the largest portion of the public investments in Kazakhstan.
Despite the drop in oil prices, Kazakhstan’s National Fund continues to grow.
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.
No, we will not be holding any consultations with Russia. Kazakhstan has been pursuing its own monetary policy, he said among other things.
A global anti-corruption group said that nearly $1 trillion was illicitly drained from developing countries in 2012, representing a record level of corruption.
Venezuelan President ordered his government to slash the budget of his oil-dependent and economically-weak nation.
Experts talk about tasks set by Nazarbayev in his State-of-the-Nation Address and allocation of additional $3bln in the next three years.
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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