News about Kazakhstan
Kazakhstan Central Bank’s Governor on economic prospects
The worst scenario envisages measures in case the oil price hits the bottom of $40 per barrel. The Government in partnership with the National Bank have developed respective action plans, incentives to support the economy: Gregory Marchenko.
25 July 2012
National Bank’s Governor doesn’t rule out further slashing down the key rate
In the H1 2012 Kazakhstan slashed its key rate three times: in February from 7.5% to 7%, in April from 7% to 6.5% and in June from 6.5% to 6%.
25 July 2012
Kazakhstan to shortly ban Ponzi schemes
The country’s General Prosecutor’s Office is drafting amendments [before September 2012] into the national legislation to introduce liability for those starting or running Ponzi schemes.
25 July 2012
National Oil Fund’s average annual earning capacity stands at 4.51%
The Fund’s assets in 2011 and the H1 2012 grew by $20.8 billion: National Bank’s Governor Gregory Marchenko.
25 July 2012
Cracks in Bessoba buildings are not widening: Karaganda administration
Karaganda experts have found no deviations in the framework of the buildings in Bessoba residential complex.
25 July 2012
Nursultan Nazarbayev got personal Web page
An updated version of Kazakhstan President’s official website is launched on July 25, 2012.
25 July 2012
Half of construction companies will close in Kazakhstan
Kazakhstan authorities will toughen licensing requirements and issue licenses for construction of social facilities and housing only to major companies.
25 July 2012
Huge money spin in Kazakhstan's shadow economy
The turnover of Kazakhstan’s shadow economy has amounted not to even to dozens but to hundreds of millions of dollars in the last 5 years.
25 July 2012
Ust-Kamenogorsk is getting a floating fountain with special effects
A new fountain with unusual lights is going to be constructed in Ust-Kamenogorsk on the Irtysh River.
25 July 2012
PHOTO: Smog covers Pavlodar because of Russian wildfires
Gray pitch-dark smoke has been enveloping Pavlodar for three days. The small of burning now accompanies the smog over the city.
25 July 2012
Olympics: Shvedova and Voskoboeva arrived in the Olympic village
A super day! We have moved to the Olympic village today, so many emotions: Shvedova.
25 July 2012
Kazakhstan mulls to restore geological research
Kazakhstan Minister of Industry and New Technologies talked about the measures to revive geological research to be taken until 2030.
24 July 2012
Growth of innovative commodities made 66 percent in 2011
Kazakhstan Minister of Industry and New Technologies presented a draft concept of innovative development until 2020.
24 July 2012
Nazarbayev discussed drought with Agriculture Minister
This agricultural year is spent amid drought conditions. This is happening not only in our country, but also in Russia, U.S. and Europe: Nazarbayev.
24 July 2012
PHOTO: First Vice-Miss Kazakhstan reached semi-final of talents contest at Miss World
Kazakhstan beauty also became one of 57 participants who got into the quarter-final in the Top-Model category.
24 July 2012
Kazakhstan has proven reserves of copper and polymetals for another 10-15 years
Our situation is worst with copper and polymetals: the proven reserves of non-ferrous metals will support the industry for another 10-15 years only: Issekeshev.
24 July 2012
353 thousand hectares of grain written off because of drought in Kazakhstan
The drought especially severely effected grain crops in Kostanay oblast where only 18 percent of the crops can be saved: Minister.
24 July 2012
Another 5-storey Bessoba building collapsing in Karaganda
An unfinished multi-storey building in Bessoba residential complex in Karaganda has lurched to one side. It is likely to follow the 5-storey building that collapsed on April 6.
24 July 2012
China’s investments to Kazakhstan standing at $13 billion
According to China’s statistics, trade turnover last year reached $24.95 billion, 22% up against 2010.
24 July 2012
Alisher, 10, from Almaty won Slavianski Bazaar 2012
Alisher Zhaksybai from Almaty had become the First Prize Winner of the X International Children Contest Slavianski Bazaar 2012 in Vitebsk.
24 July 2012
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