Russia might face a zero economic growth this year. It’s no good news for us as the two economies are interdependent to a great extent: Kazakhstan’s Central Bank Governor.
“I commission the National Bank and the Government to work out a strategy to invest the assets of the Pension Fund, including depositing the money with Kazakhstan-based banks for a long term”, President Nazarbayev said earlier.
Kazakhstan President Nursultan Nazarbayev congratulated the country on the Victory Day at the flower-laying ceremony at Otan Korgaushylar (Defenders of the Homeland) monument.
Losses from the forthcoming two-year suspension of the Kashagan oilfield development project in Kazakhstan are estimated at two billion dollars in the least.