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Kazakhstan Finance Minister on budget stability

According to him, through transfers from the National Oil Fund to the country’s budget the latter is insured against shocks related to falling oil prices.

Kazakhstan Finance Minister on budget stability
©REUTERS
Will Kazakhstan cut on social spending amid sliding oil prices?

Experts predict Kazakhstan's actions amid growing pressure at the oil market.

Will Kazakhstan cut on social spending amid sliding oil prices?
©strategy2050.kz
Kazakhstan wants 2/3 of 2022 Olympics costs to be funded by investors

Vice-Minister of Culture and Sports of Kazakhstan said that Kazakhstan was planning to use a mixed model of financial management should it be granted the right to host the Winter Olympic Games in 2022.

Kazakhstan wants 2/3 of 2022 Olympics costs to be funded by investors
Standard and Poor's lowers France outlook to 'negative'
Standard and Poor's lowers France outlook to 'negative'

Ratings agency Standard and Poor's kept its 'AA' rating for France but lowered its outlook from "stable" to "negative" on fears over the country's budget situation.

Standard and Poor's lowers France outlook to 'negative'
Gulzhana Karagusova. Photo ©Yaroslav Radlovsky
Kazakh MP points to ineffectiveness of healthcare projects

Chairman of the Committee for Finance and Budget in Parliament’s Lower Chamber Karagusova pointed to the discrepancy between the costs and payoff of state-sponsored healthcare projects.

Kazakh MP points to ineffectiveness of healthcare projects
IMF slashes Brazil growth forecast for 2014
IMF slashes Brazil growth forecast for 2014

The International Monetary Fund slashed its 2014 economic growth forecast for Brazil by a full percentage point, blaming weak investment and a consumer funk.

IMF slashes Brazil growth forecast for 2014
Merkel 'proud' of budget, insists on rigour in EU
Merkel 'proud' of budget, insists on rigour in EU

Angela Merkel voiced pride in her country's strong budget and called on EU states "finally" to respect joint fiscal rules.

Merkel 'proud' of budget, insists on rigour in EU
Sofia Vergara tops TV actress rich list
Sofia Vergara tops TV actress rich list

"Modern Family" star Sofia Vergara is the highest-paid US TV actress for the third year in a row, earning some $37 million.

Sofia Vergara tops TV actress rich list
IMF warns Ukraine may need extra $19 bn in help
IMF warns Ukraine may need extra $19 bn in help

The International Monetary Fund warned that economically-devastated Ukraine may need an extra $19 billion (14.5 billion euros) in assistance

IMF warns Ukraine may need extra $19 bn in help
IMF approves $1.4 billion aid payment for Ukraine
IMF approves $1.4 billion aid payment for Ukraine

The International Monetary Fund approved the release of nearly $1.4 billion in fresh funds for troubled Ukraine.

IMF approves $1.4 billion aid payment for Ukraine
Hollande faces host of headaches on return from holiday
Hollande faces host of headaches on return from holiday

President Francois Hollande faces a mountain of problems when French political life restarts after the long summer holidays.

Hollande faces host of headaches on return from holiday
'Turtles' outmuscle Stallone, Schwarzenegger at box office
'Turtles' outmuscle Stallone, Schwarzenegger at box office

The "Teenage Mutant Ninja Turtles" remained in top spot at the North American box office this weekend.

'Turtles' outmuscle Stallone, Schwarzenegger at box office
Russia okays $150 mn to subsidise World Cup venues
Russia okays $150 mn to subsidise World Cup venues

The Russian government approved rules on subsidising construction of infrastructure for the 2018 football World Cup.

Russia okays $150 mn to subsidise World Cup venues
©Tengrinews file photo
Pension reform concept approved in Kazakhstan

The Concept of modernization of Kazakhstan’s pension system until 2030 has been approved.

Pension reform concept approved in Kazakhstan
Photo courtesy of  nauka.kz
How much is EXPO-2017 in Astana?

Hosting EXPO-2017 in Astana will cost $3 billion.

How much is EXPO-2017 in Astana?
'40 percent' of Madagascar budget lost to corruption: PM
'40 percent' of Madagascar budget lost to corruption: PM

Madagascar's Prime Minister Roger Kolo has vowed to stamp out corruption after revealing that 40 percent of his country's budget is lost to graft.

'40 percent' of Madagascar budget lost to corruption: PM
© kapital.kz
Pension reform may spawn shadow economy in Kazakhstan: expert

The new coil of the pension reform in Kazakhstan may create a spike in the shadow economy.

Pension reform may spawn shadow economy in Kazakhstan: expert
©REUTERS
Global economic situation requires state budget changes: Massimov

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.

Global economic situation requires state budget changes: Massimov
©Reuters/Yuya Shino
Japan budget carrier cancels flights due to pilot shortage

Japanese low cost carrier Vanilla Air said Friday it will cancel scores of flights in June because it does not have enough pilots to fly them.

Japan budget carrier cancels flights due to pilot shortage
 Minister of Economy and Budget Planning Erbolat Dosayev. Photo a courtesy of tengrinews.kz
Kazakhstan Government increases reserve fund by $250 million after tenge devaluation

Amid adjustments of microeconomic indicators for the year 2014 the Kazakhstan Government has revised its budget.

Kazakhstan Government increases reserve fund by $250 million after tenge devaluation