Kazakhstan in 10 World’s Worst Performers in Economy: Bloomberg
Kazakhstan ended up in the 10 World’s Worst Performers in Economy compiled by Bloomberg.
Kazakhstan is more upbeat over economic prospects amidst positive news from Russia
We believe that with the current prices for oil standing at $55-60 per barrel, the Kazakhstan’s economy growth figure will stand at over 2% rather than at 1.5% (as was earlier estimated)”, Mr. Kelimbetov said.
IMF on inflation rate in Kazakhstan
Earlier the country’s Central Bank reported that the annual inflation rate as of the end of July stood at 7%.
Beer shortage and heatwave spells misery for Cubans
Cuba has been hit by a beer shortage during one of its hottest summers on record, sparking hoarding and driving thirsty .
IMF chief says low inflation can hit European growth
IMF chief Christine Lagarde warned that low inflation could damage growth in Europe and urged the European Central Bank to maintain a flexible policy.
Japan tax hike boosts inflation, hurts spending in May
Inflation hit a three-decade high and unemployment dipped further in Japan, data showed Friday, as the government's bid to jumpstart the economy takes hold, even as analysts warned it was too early for celebrations.
Kazakhstan's economy benefits from devaluation: Kelimbetov
National Bank Chairman Kairat Kelimbetov declared that the economy of Kazakhstan responded positively to the recent 20% devaluation of the Tenge.
German inflation hits three-year low in March
The rate of inflation in Germany, Europe's biggest economy, fell to its lowest level in more than three years in March, official final data showed on Friday.
Possible inflation risks: National Bank
In view of the devaluation of the national currency - the tenge, the central bank of Kazakhstan believes that escalation of inflation is quite possible.
Australia inflation jumps, dashes rate cut hopes
Australian inflation rose by a stronger-than-expected 1.2 percent in the July-September period compared to the previous quarter.
Kazakhstan’s Central Bank seeks to maintain inflation within 6-8%
Despite the lingering uncertainty of the global economy, Kazakhstan’s economy has been stable, with the GDP growing 5.1% in the H1 2013. The annual inflation stands at 5.9%: Economy Minister.
Kazakhstan to retain inflation at 6-8 percent
Kazakhstan National Bank has approved the Key Monetary Policies of Kazakhstan for 2013.
Kazakhstan National Bank's 2013 inflation and GDP forecasts
According to Kazakhstan National Bank, the country’s inflation will stay within 6-8 percent, while the GDP growth may reach 6 percent.
IMF's Argentina censure motion set for late January
The International Monetary Fund said Monday its executive board is unlikly to consider until late January any possible action against Argentina for failing to supply accurate economic data.
President Nazarbayev calls to spend within capacities to bring the budget deficit to its possible minimum
We need a favorable tax regime to support industrial production, new technologies and overall industrialization efforts: President Nazarbayev.
Kazakhstan government forecasts 7% economic growth in 2013-2017
Despite of the escalating crisis in Europe and staggering economic growth in the EU and the U.S., Kazakhstan is maintaining a progressive economic development: Akhmetov.
Kazakhstan National Bank slashes key rate
The step is related to slowing down in the annual inflation in Kazakhstan: National Bank.
Annual inflation rate may be below 6% at the end of 2012: National Bank Governor
He noted that the lowest inflation rate since 1999 is bolstered by a number of factors, including somewhat decreasing prices for foodstuffs and crude oil.
Kazakhstan Central Bank may further slash its key rate to 5.25-5.5%
There is a clear signal that both cost of borrowed money and interest rates on loans should be lowered: Central Bank Governor.
Central Bank Governor does not rule out the key rate may be further slashed in May
Earlier the Bank decided to set the key rate at 6.5% starting from April 1, which is the lowest rate ever.
