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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 May 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 May 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 May 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 May 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 May 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 May 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 May 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 May 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 May 2011
Kazakhstan’s external trade statistics Kazakhstan’s external trade turnover in 2010 grew by ¼ as compared to 2009, reaching $89 billion.
05 May 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 May 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 May 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 May 2011
RIA Novosti © Kazakhstan planning to bring FDI up to 13-14% of GDP Currently FDI stands at 8-9% of the GDP: Asylkhan Serikov, Head of Committee for Investments under the Ministry of Industry and New Technology.
04 May 2011
Tengrinews.kz stock photo Kazakhstan’s Agriculture Ministry has no plans to ban grain exports Kazakhstan can export 5.5. million tons of grain in the 2010-2011 marketing year: Agriculture Ministry.
04 May 2011
Sauat Mynbayev. Photo courtesy of focus.kz Multinationals account for half of investments into Kazakh O&G sector For the last decade investments into the O&G sector totaled $107 billion, with about 60% of the investments being injected into projects with global oil majors: Minister of Oil and Gas Sauat Mynbayev.
04 May 2011
Number of Russian enterprises in Kazakhstan on the rise The number of enterprises with Russian capital has grown nearly 10% in Kazakhstan for the last year: Finance Ministry Tax Committee.
04 May 2011
Zhanar Aitzhanova. By Yaroslav Radlovsky © Kazakhstan and EU to work out a new program of strategic cooperation The Program seeks to deepen cooperation with regards to investments and trade with the EU: Zhanar Aitzhanova, Minister for Economic Integration.
04 May 2011
Astana to implement projects worth $5 billion within 5 years II Investments Forum has opened today in Astana alongside the IV Economic Forum. When opening the Forum, Kazakhstan’s Prime Minister Karim Massimov told about further development of Astana.
04 May 2011
Karim Massimov. Photo courtesy of flicr.com Kazakhstan has learned from Middle East and North Africa: PM Massimov We have put in place a special program for the young… this program seeks to create opportunities, rather than just ensure income sharing: PM Massimov.
03 May 2011
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