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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
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
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
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
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
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
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
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
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
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
Kazakhstan GDP grew 6.5% in Q1 2011 Ministry of Economic Development announced the Q1 2011 economic results. Customs Union yielded noticeable results.
27 April 2011
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