KazMunaiGas Vice Chairman Tiyesov has spoken in the Mazhilis informing the deputies that Kazakhstan will face a decline in oil production should no new fields be discovered in the upcoming decade.
The People's Communist Party has tagged the decision to abandon construction of the 4th oil refinery in Kazakhstan ill judged and said problems had to be solved by the government not shifted to the shoulders of the citizens.
Senate Speaker Kassym-Jomart Tokayev has expressed his view that democratization is a dynamic process, and therefore democracy cannot be artificially accelerated or imposed.
First Deputy Prosecutor General of Kazakhstan Iogan Merkel has declared that Kazakhstan was moving forward in the realm of extradition to and from Europe.
Kazakhstan has changed its legislature to huminize the justice system by differentiating between crimincal misdemeanor and criminal offence. The first is supposed to be punished by arrest but there are no detention homes in Kazakhstan. Even more, the courts will gain the right to order arrest for misdemeanors only starting January 1, 2017. That is, two years from now.
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.
Governor of the National Bank of Kazakhstan has declared there was no reason to be worried about falling oil prices and West-Russia sanctions reciprocation.
Advisor to the governor of the National Bank of Kazakhstan talks about pension fund losses as of September and the benefits of National Bank managing the Single Pension Fund.
President of Kazakhstan Nursultan Nazarbayev has met with the the managing director at the World Bank Sri Mulyani Indrawati to discuss cooperation between Kazakhstan and the World Bank.