Central Bank toughens requirements to borrowersEarlier Kazakhstan’s President Nursultan Nazarbayev commissioned banks’ heads to reduce the share of NPLs “in any possible ways” to 15% of their portfolio by 2015 and further to 10% by 2016.
06 March 2014
‘Anti-lace’ policy in Kazakhstan: What does it ban?The ban has become widely known as a ‘ridiculous lace undies ban’, a ‘lacist’ policy and, the smartest version, a ‘non-tariff regulation’. But what is the policy really about? What exactly is banned from being imported to Kazakhstan?
06 March 2014
South Kazakhstan fighting back floodwaterSeveral villages in Kyzylorda Oblast in southern Kazakhstan have been repeatedly experiencing destructive floods for over a fortnight.
Rejoice spring is here: SnowdropsNot only the calendar announces the arrival of long awaited warmth, but also lovely blooming of snowdrops in South Kazakhstan Oblast signals the beginning of Spring.
No talks on Kazakhstan's accession into WTO for Russia in WashingtonThe United States has banned representatives of Rosselkhoznadzor from participating in the negotiations on adjusting the Veterinary and Phytosanitary Measures in the context of Kazakhstan's accession into the WTO.