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Bakhytzhan Sagintayev (L), Nursultan Nazarbayev (C), Karim Massimov (R). Photo courtesty of Akorda.kz
Kazakhstan makes former deputy PM new prime minister

Kazakh President Nursultan Nazarbayev promoted a former deputy premier to succeed longtime ally prime minister Karim Massimov.

Kazakhstan makes former deputy PM new prime minister
Karim Massimov
Kazakhstan shifts PM to security chief

Kazakhstan's ageing President Nursultan Nazarbayev shifted longtime ally Karim Massimov from prime minister to security chief.

Kazakhstan shifts PM to security chief
President Nazarbayev (C) at the meeting with Senate Speaker Kasym-Zhomart Tokayev (K) and Prime-Minister Karim Massimov (R) ©Akorda.kz
Kazakhstan on the verge of dissolving Parliament

Kazakh MPs' proposal to dissolve the Majilis (Lower Chamber) and call for snap elections awaits approval of President Nazarbayev.

Kazakhstan on the verge of dissolving Parliament
©Turar Kazangapov
Kazakh tenge's sharp fluctuations period over: opinion

According to Kazakhstani financial analyst Baitas Kurmanov, Kazakh tenge exchange rate has finally stabilized.

Kazakh tenge's sharp fluctuations period over: opinion
©Tengrinews
Russia-Kazakhstan exchange rate policy implications discussed in Astana

Kazakhstan's Prime Minister Karim Massimov described the implications of the Russian ruble's devaluation in fall 2014 for the Kazakh economy.

Russia-Kazakhstan exchange rate policy implications discussed in Astana
Turar Kazangapov ©
Kazakhstan’s PM Karim Massimov on further economic prospects

The Government will be rendering support to socially vulnerable groups of population. In the long run (…) it’s impossible to support all troubled industries out of taxpayers’ money: Karim Massimov.

Kazakhstan’s PM Karim Massimov on further economic prospects
PM Massimov on how Kazakhstan avoided default

From August 20 the National Bank and the Government have decided to implement a new monetary policy based on inflation targeting and to renounce the earlier practiced currency corridor.

PM Massimov on how Kazakhstan avoided default
Turar Kazangapov ©
Kazakhstan opts for floating exchange rate for its currency

The National Bank will not be directly defining the exchange rate, but will retain the right to rely on currency interventions if the financial system faces threats of destabilization.

Kazakhstan opts for floating exchange rate for its currency
Photo courtesy of insights.la
Kazakhstan’s PM Massimov concerned over calls to jihad on Facebook and through WhatsApp

The civil society should play a greater role in eradicating promotion of terror and extremism ideas, he believes.

Kazakhstan’s PM Massimov concerned over calls to jihad on Facebook and through WhatsApp
Photo courtesy of clashot.com
Kazakhstan PM Massimov calls energy security one of greatest challenges of modern time

Prime Minister of Kazakhstan Karim Massimov said that energy security was one of the major challenges faced by the global community and that Kazakhstan was working hard to contribute to overcoming of this global issue.

Kazakhstan PM Massimov calls energy security one of greatest challenges of modern time
Photo courtesy of Russian.china.org.cn
A close neighbor is more valued than a distant relative: PM Massimov on China

According to him, against the backdrop of global economic uncertainty our nations should unleash the potential of their friendship to have large-scaled tasks accomplished to the benefit of their people.

A close neighbor is more valued than a distant relative: PM Massimov on China
Astana and Beijin sign agreements worth $14 billion

In Astana, Kazakhstan’s capital city, the country’s PM Karim Massimov met Chinese Premier Li Keqiang.

Astana and Beijin sign agreements worth $14 billion
Photo courtesy of akorda.kz
Kazakh government responds to Nazarbayev's State of the Nation Address

PM Karim Massimov has gathered a swift government meeting to give specific instructions to state bodies on the implementation of tasks outlined in Nazarbayev's State of the Nation Address of November 11.

Kazakh government responds to Nazarbayev's State of the Nation Address
Photo courtesy of akorda.kz
Nazarbayev commissions Government to fulfill all social obligations

All the Government’s obligations related to pension allowances, salaries in the public sector, welfare allowances should be respected. However challenging the task may be, it has to be accomplished, he said.

Nazarbayev commissions Government to fulfill all social obligations
Payment with a smartphone ©vesti.kz
Mobile phones are the future of Kazakhstan's payment system: Massimov

Payment system in Kazakhstan may be rebased to mobile phones in future, according to Prime Minister of Kazakhstan Karim Massimov.

Mobile phones are the future of Kazakhstan's payment system: Massimov
Photo ©Marat Abilov
Brain drain worries Kazakhstan's PM Massimov

Kazakhstan’s Prime Minister Karim Massimov named brain drain as one of the main challenges to the economy of Kazakhstan.

Brain drain worries Kazakhstan's PM Massimov
©RIA Novosti
Russian and Kazakh Premiers meet in Sochi

Russian Premier Dmitry Medvedev has met with his Kazakhstani counterpart Karim Massimov in Sochi.

Russian and Kazakh Premiers meet in Sochi
©REUTERS
Global economic situation requires state budget changes: Massimov

Prime Minister of Kazakhstan Karim Massimov said that changes to the state budget were needed to support the Kazakhstan economy afore the changing economic situations in Russia and China.

Global economic situation requires state budget changes: Massimov
Kazakhstan Prime Minister Karim Massimov. Photo courtesy of pm.kz
Prevention is better than punishment to fight corruption: Massimov

Kazakhstan’s Prime Minister Karim Massimov considers that preventive methods are a more effective way of fighting the shadow economy and corruption rather than punitive measures.

Prevention is better than punishment to fight corruption: Massimov
Photo courtesy of chessok.net
Kazakhstan’s PM on new rules of the game in the global economy

Some governments tell their respective companies where they are supposed to operate (…) that is geopolitics are of greater importance than the global economy: Karim Massimov.

Kazakhstan’s PM on new rules of the game in the global economy