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Kairat Kelimbetov. Photo courtesy of www.primeminister.kz
Non-perfoming loans to go down to 10% by 2016 in Kazakhstan: Kelimbetov

The Governor of the Central Bank Kairat Kelimbetov aims to decrease non-performing loans to 10% by January 1 2016.

Non-perfoming loans to go down to 10% by 2016 in Kazakhstan: Kelimbetov
Aset Issekeshev. Photo courtesy of primeminister.kz
Kazakhstan to cooperate with Bahrain in aluminum production

Kazakhstan and Bahrain have signed a memorandum on cooperation in aluminum production at the Bahrain-Kazakhstan: Strategic Partnership business forum.

Kazakhstan to cooperate with Bahrain in aluminum production
Nursultan Nazarbayev. Photo courtesy of akorda.kz
President Nursultan Nazarbayev on the country’s financial industry

Head of State gave a number of instructions to the National Bank and the Government to reduce the share of NPLs, accelerate introduction of Basel III standards, and strengthen safeguards to protect the rights of consumers of banking products.

President Nursultan Nazarbayev on the country’s financial industry
President Nursultan Nazarbayev meeting King of Bahrain Sheikh Hamad bin Isa bin Salman Al-Khalifa. akorda.kz
Kazakhstan and Bahrain to promote Islamic banking in Kazakhstan

We are interested in Bahrain’s practices in this realm as the country is a major center of Islamic finances”, President Nazarbayev said following his talks with King of Bahrain Sheikh Hamad bin Isa bin Salman Al-Khalifa in Astana April 14.

Kazakhstan and Bahrain to promote Islamic banking in Kazakhstan
Kazakhstan's President Nursultan Nazarbayev © REUTERS
Private property in Kazakhstan is inviolable: Nazarbayev

At the meeting of the National Investors' Council Nursultan Nazarbayev declared that private property was inviolable in Kazakhstan.

Private property in Kazakhstan is inviolable: Nazarbayev
Kazakhstan intending to boost trade turnover with Bahrain
Kazakhstan intending to boost trade turnover with Bahrain

It’s the first official visit of Sheikh Ḥamad ibn ʿIsā Āl Khalīfah to Kazakhstan.

Kazakhstan intending to boost trade turnover with Bahrain
© RIA Novosti
President Nazarbayev suggests decreasing headcount of public bodies inspecting small businesses

According to him, there is a moratorium on inspecting small businesses and the officers have no job to do.

President Nazarbayev suggests decreasing headcount of public bodies inspecting small businesses
©REUTERS
Kazakhstan’s President on tax amnesty before introducing reporting expenses

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.

Kazakhstan’s President on tax amnesty before introducing reporting expenses
Focus on small and medium-sized business: Nazarbayev
Focus on small and medium-sized business: Nazarbayev

President Nursultan Nazarbayev has spoken about the strategic importance of small and medium-sized business in Kazakhstan at the Foreign Investors Council (FIC) meeting.

Focus on small and medium-sized business: Nazarbayev
©kapital.kz
President Nazarbayev instructs to develop strategy to invest assets of Single Pension Fund

President also stressed that the National Bank should develop extra incentives to reduce dollarization of the banking sector.

President Nazarbayev instructs to develop strategy to invest assets of Single Pension Fund
Kazakhstan’s President Nursultan Nazarbayev.© Yaroslav Radlovsky
Government should teach Kazakhstan’s citizens to pay off loans: President Nazarbayev

President is confident that excessive support to businesses on the part of the Government hampers businesses from developing.

Government should teach Kazakhstan’s citizens to pay off loans: President Nazarbayev
Photo courtesy of  akorda.kz
Kazakhstan is an example for Muslim countries: Fouad Siniora

Lebanese politician and former Prime Minister Fouad Siniora named Kazakhstan a prime example for other Muslim countries in his letter to President Nazarbayev.

Kazakhstan is an example for Muslim countries: Fouad Siniora
Photo courtesy of akorda.kz
Nazarbayev meets with new Presidential Administration

Nursultan Nazarbayev met with ranking officials of the Presidential Administration.

Nazarbayev meets with new Presidential Administration
Photo courtesy of akorda.kz
President Nazarbayev comments on new Defense Minister

I believe he is the most appropriate candidate to fill in the position. We have deliberately chosen a civilian for the position: President Nazarbayev.

President Nazarbayev comments on new Defense Minister
President Nursultan Nazarbayev. Photo courtesy of akorda.kz
President Nazarbayev on languages in Kazakhstan

Measures should be taken to calm down the excessively ardent public servants discriminating against candidates seeking public service on the basis of the language the latter speak: President Nazarbayev.

President Nazarbayev on languages in Kazakhstan
President Nursultan Nazarbayev
President Nazarbayev on stability and unity of the nation

The new leadership of Ukraine is threatening to deprive part of its people of the Ukrainian citizenship and prohibit them from speaking their mother tongue (…) it is unthinkable here in Kazakhstan: President Nazarbayev.

President Nazarbayev on stability and unity of the nation
 Karim Massimov. Photo courtesy of flickr. com
Parliament votes for Massimov as new PM

The Parliament has voted for Karim Massimov as the new Head of the Kazakhstan Government.

Parliament votes for Massimov as new PM
Illustration © Tengrinews.kz
Kazakhstan Prime-Minister and Kazakhstan Government resign

Prime-Minister of Kazakhstan Serik Akhmetov has resigned. He is the head of the Government so his resignation automatically meant resignation of the Government of Kazakhstan.

Kazakhstan Prime-Minister and Kazakhstan Government resign
Kazakhstan’s Foreign Ministry puzzled over Ukraine’s diplomatic note sent to Kazakhstan
Kazakhstan’s Foreign Ministry puzzled over Ukraine’s diplomatic note sent to Kazakhstan

Obviously, sending the diplomatic note was driven by overt emotions, rather than common sense: Kazakhstan’s Foreign Minister.

Kazakhstan’s Foreign Ministry puzzled over Ukraine’s diplomatic note sent to Kazakhstan
Will anti-Russian sanctions affect Kazakhstan?
Will anti-Russian sanctions affect Kazakhstan?

President Nazarbayev has assured that Kazakhstan will not suffer from the economic sanctions imposed on Russia by some of the countries.

Will anti-Russian sanctions affect Kazakhstan?