News about economy
Dedollarization of Kazakh mentality: Governor of National Bank
The National Bank and Government of Kazakhstan are going to press on to dedollarize the economy and discourage Kazakhstanis from relying on the US dollar.
13 February 2014 16:24
Dollar explodes in Kazakhstan: 200 tenge per dollar
Kazakhstan banks are setting their exchange rates ski-high, selling one dollar for more than 200 tenge.
11 February 2014 20:31
In Greece, recovery starts with fast food and coffee
Graphics artist and part-time barmaid, Mariza Papasmiria struggled for years juggling her two jobs, working seven days a week for 1,600 euros ($2,200) a month.
04 February 2014 15:00
'Smart rubber' to be produced in Kazakhstan
The first recycling plant for used tires has been launched in Kyzylorda city in southern Kazakhstan.
28 January 2014 20:56
Bombardier to expand into Kazakhstan market
Bombardier, a Canadian multinational aerospace and transportation company, plans to expand into the Kazakhstan market.
27 January 2014 15:56
Nazarbayev takes part in Davos World Economic Forum
Kazakhstan President Nursultan Nazarbayev is taking part in the World Economic Forum in Davos, Switzerland.
23 January 2014 17:31
Kazakhstan 50 years behind West: Nazarbayev
Kazakhstan lags 50 years behind the West and needs skilled personnel to enter the Top 30 most developed countries: Nursultan Nazarbayev.
22 January 2014 23:39
Kazakhstan to develop 4 large cities: Nazarbayev
President Nazarbayev named Astana, Almaty, Shymkent and Aktobe as the future urban centers of Kazakhstan in his address to the nation.
20 January 2014 17:32
Agricultural innovations to increase dairy and meat export: Nazarbayev
President Nursultan Nazarbayev spoke in support of farming and introduction of agricultural innovations in his State-of-the-Union Address.
20 January 2014 16:45
Kazakhstan to develop science: Nazarbayev
Nazarbayev instructed the state officials to increase financing of scientific research in Kazakhstan.
20 January 2014 16:31
Kerry praises Greece for tough economic choices
US Secretary of State John Kerry praised the Greek government Friday for making "tough choices" to resolve the country's economic crisis and said he believed the situation was improving.
18 January 2014 14:04
President Nazarbayev tasks his Government with ensuring 6-7% economy growth rate in 2014
A blanket program to develop the financial sector to 2030 must be drafted by June 1, 2014: President.
17 January 2014 17:17
Economic Freedom Index: Kazakhstan advances 22 points in 17 years
Kazakhstan's economic freedom ranking has been steadily advancing over the past 17 years.
17 January 2014 15:14
France sells 1% stake in Airbus Group for 451 mn euros
The French state has raised 451 million euros ($614 million) by selling a one percent stake in European aircaft and defence corporation Airbus Group, the economy minister said Thursday.
16 January 2014 17:31
Fed taper poses risks to global pick-up: World Bank
The World Bank on Tuesday raised its growth forecasts for the global economy, but warned of potential volatility in capital flows as the United States withdraws its stimulus.
15 January 2014 15:25
Kazakh-Iran economic and trade cooperation to ease tension in the region
Iranian Deputy Minister Valiola Afkhami visited Astana to meet with his Kazakhstani counterpart at the 3rd sitting of the Kazakh-Iranian Working Group on Trade and Economic Cooperation.
11 January 2014 12:08
China has world's most outbound tourists: report
Nearly 100 million Chinese tourists visited foreign countries last year, and they are likely to extend their lead as the world's biggest-spending travellers, state media reported Thursday.
09 January 2014 15:22
Kazakhstan vests EBRD with immunity and tax privileges
Kazakhstan Majilis has ratified the agreement between Kazakhstan and European Bank of Reconstruction and Development.
09 January 2014 13:39
2014 year of 'hard truths' for British economy: Osborne
British finance minister George Osborne will warn that 2014 is to be the year of "hard truths" and public spending cuts when he sets out his plans for the year ahead.
06 January 2014 10:29
Kazakhstan banks to start transition to Basel III in 2015
Kazakhstan banks will start transitioning to Basel III standards starting from January 2015.
05 January 2014 11:51