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Asian Development Bank annual sitting to be held in Astana in 2014 Kazakhstan’s Prime Minister Karim Massimov has met Asian Development Bank's (ADB) Vice-President Xiaoyu Zhao today.
12 мая 2011
Asian Development Bank to extend a loan worth $500 million Kazakhstan’s Government, Damu Small Entrepreneurship Development Fund and Asian Development Bank have signed a framework agreement worth $500 million to support small and middle-sized business in Kazakhstan.
12 мая 2011
©RIA Novosti KazMunaiGas EP exiting negotiations over Akkas gas field in Iraq KazMunaiGas Exploration Production was established in March 2004 and is among the top three oil producers in Kazakhstan.
11 мая 2011
Sauat Mynbayev. Photo courtesy of focus.kz Kazakhstan to boost oil processing to 17 million tons by 2015 As of today, Kazakhstan-based refineries process a bit over 13 million tons a year: Oil and gas Minister Sauat Mynbayev.
11 мая 2011
Photo courtesy of newskaz.ru Ministry of Economic Development and Trade unveils a detailed plan to secure 7% GDP growth To secure GDP annual growth at 7%, capital investments for the period of 2011-2015 should grow by 58.5% against 2010: Kairat Kelimbetov, Minister Economic Development and Trade.
10 мая 2011
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.
10 мая 2011
Kairat Kelimbetov. By Yaroslav Radlovsky © Kazakhstan developing Plan B in case of negative economic scenario Early May the Government adopted a plan to secure 7% GDP growth in 2011 in line with President Nazarbayev’s instructions.
10 мая 2011
Kairat Kelimbetov. By Yaroslav Radlovsky © Economy Minister regards year 2011 as “dangerous” in terms of inflation He reminded that in January – April consumer prices grew 4.2% as compared to December 2010.
10 мая 2011
GDP growth in January – April made up 6.9% Early May the Government adopted a plan to secure 7% GDP growth in 2011 in line with President Nazarbayev’s instructions
10 мая 2011
Photo courtesy of Tengrinews.kz IMF increased its expectations of economic growth in Kazakhstan Kazakhstan economic growth in 2011 is expected to reach 5.9 percent: the International Monetary Fund.
06 мая 2011
Q1 2011 inflation rate in Kazakhstan lowest in the CIS According to the Committee, the average inflation rate across the CIS stood at 9.5%, with the Kazakhstan’s rate standing at 8.5%.
06 мая 2011
REUTERS/Petr Josek Snr© Gold and currency reserves grew by 31% in January-April to $36.4 billion In April, gold and currency reserves grew by 5.14%, with net currency reserves growing by 4.92% and gold reserves growing by 7%.
05 мая 2011
Karim Massimov. Photo courtesy of government.kz Kazakhstan’s Government adopts plan to secure 7% economy growth The task to ensure 7% growth was set by President Nazarbayev at an extended sitting of the Government mid-April.
05 мая 2011
Nobel Prizewinners Club to open in Astana The club of Nobel prizewinners will open in Astana. The idea to create the scientific club belongs to Robert Mundell.
05 мая 2011
ESCAP forecast Kazakhstan’s economy growth at 6.2% in 2011 After the moderate 1.2% in 2009, the economy growth bounced back up to 7% in 2010 against the backdrop of favorable external economic conditions (…) The economy is set to grow by 6.2% in 2010: Noeleen Heyzer, ESCAP Executive Secretary.
05 мая 2011
By Yaroslav Radlovsky © EBRD to invest to Kazakhstan $1 billion this year The Bank’s current obligations to invest into Kazakhstan in future to finance projects in various sectors make up $2.8 billion Euro: Finance Minister Bolat Zhamishev.
05 мая 2011
Kazakhstan’s external trade statistics Kazakhstan’s external trade turnover in 2010 grew by ¼ as compared to 2009, reaching $89 billion.
05 мая 2011
Berik Kamaliyev. By Yaroslav Radlovsky © Saudi Arabia interested in grain imports from Kazakhstan When the railway link Uzen – Turkmenistan border is completed, Kazakhstan will get an access to the Persian Gulf. This will cut down the transportation route to Saudi Arabia: Minister of Transport and Communications Berik Kamaliyev.
05 мая 2011
Photo courtesy of hozu.parlam.kz Kazakhstan’s Senate ratifies Agreement on concerted principles of currency policies The sides undertake to pursue an economic policy to raise confidence in the national currencies of the Customs Union states.
05 мая 2011
Karim Massimov and German Gref.  Photo courtesy of flikr.kz Kazakhstan’s PM Massimov meets Sberbank CEO German Gref Kazakhstan-based subsidiary of Russia’s Sberbank has entered the top ten banks in Kazakhstan in terms of assets recently.
04 мая 2011

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