According to the National Bank, from 2011 to 2013 Kazakhstan-based banks’ assets grew by 28.5% to reach $85 billion, with the assets to the GDP ratio diminishing from 55% to 46%.
One of the sources to boost the country’s economy growth will be $5.5 billion out of the National Oil Fund to be allocated in 2014 and 2015: Minister of Economic Affairs.
Talks will be held with other oil producers to boost crude production and exports by at least 1.5 million tons at other oilfields: Minister of Economic Affairs.
OSCE Representative on Freedom of the Media Dunja Mijatović has expressed her concern over the changes in Kazakhstani legislation concerning freedom of speech and free internet access.
This measure will help us bring a big share of business out of shadow, bringing us closer to the transparency level reached in developed economies: President Nazarbayev.