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©REUTERS/Shamil Zhumatov
Kazakhstan to spend more on army and law-enforcement agencies

Quarter of Kazakhstan's 2012 defense budget will be spent on rearmament of the country's armed forces.

Kazakhstan to spend more on army and law-enforcement agencies
Tengrinews.kz stock photo
$6.5 billion to finance agriculture in 2012-2014

August 26 the Government considered draft 2012-2014 state budget.

$6.5 billion to finance agriculture in 2012-2014
Bolat Zhamishev. By Serik Turlybekov ©
Kazakhstan announces education and healthcare budgets for 2012-2014

2012 social security budget is to grow 12.5% against 2011.

Kazakhstan announces education and healthcare budgets for 2012-2014
Kairat Kelimbetov. By Yaroslav Radlovsky ©
Assets of National Oil Fund to reach $72.5 billion by 2015

Assets of the National Fund as of the end of July totaled $38.72 billion.

Assets of National Oil Fund to reach $72.5 billion by 2015
Oil drilling. ©RIA Novosti
Given the oil prices, Kazakh economy has substantial strength reserve: Samruk Kazyna official

As a patriot of the national currency, I believe the Kazakh tenge is very stable. All the fundamentals of the national economy are well-balanced today: Vice Chairman of the Board at Samruk-Kazyna Sovereign Wealth Fund.

Given the oil prices, Kazakh economy has substantial strength reserve: Samruk Kazyna official
Karim Massimov. Photo courtesy of flickr.com
Massimov spoke about savings for a rainy day

Massimov spoke about savings for a rainy day
Astana. Photo courtesy of vesti.kz
Budget of Astana exceeds the budget of Kyrgyzstan

The budget of Astana is larger than the budget of Kyrgyzstan: Nursultan Nazarbayev.

Budget of Astana exceeds the budget of Kyrgyzstan
Photo courtesy of vesti.kz
Budget deficit to be cut down from 2.5% to 1.3% of GDP

Ministry of Economic Development and Trade forecasts budget deficit will be cut down to 1.3% of the nation’s GDP by 2014.

Budget deficit to be cut down from 2.5% to 1.3% of GDP