EBRD approves new strategy for Kazakhstan NUR-SULTAN. KAZINFORM - The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved a new strategy for Kazakhstan, setting out the Bank’s priorities in the country for the next five years. The strategic approach to operations in Kazakhstan will be based on the following three pillars, ebrd.com reports.
National Fund’s resources are actively consumed - Accounts Committee NUR-SULTAN. KAZINFORM 4.5 trillion tenge was spent from the National Fund in 2021, Chairperson of the Accounts Committee Natalya Godunova said at the joint session of the Parliament chambers in Nur-Sultan today, Kazinform correspondent reports.
500bn tenge deposits remain in Russian banks’ subsidiaries NUR-SULTAN. KAZINFORM The subsidiaries of Russian banks in Kazakhstan hold a good quality loan portfolio, at around 1.7trln tenge, Chairperson of the Agency for Regulation and Development of Financial Markets Madina Abylkassymova said, Kazinform reports.
Chevron, KMG announce collaboration on lower carbon opportunities NUR-SULTAN. KAZINFORM JSC NC «KazMunayGas» (KMG) and Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Munaigas Inc. (Chevron), have announced a memorandum of understanding (MoU) to explore potential lower carbon business opportunities in Kazakhstan, KMG press service informs.
Inflation to fall gradually to 7.5-9.5% next year - National Bank NUR-SULTAN. KAZINFORM Monthly inflation rate in Kazakhstan declined by 2% in April and by 1.4% in May, but it still remains high, thus exceeding last year and annual average indicators, Governor of the National Bank Galymzhan Pirmatov says.
Belarusian Amkodor to sell road construction machines, municipal vehicles to Kazakhstan MINSK. KAZINFORM The Belarusian mechanical engineering company Amkodor has signed a commercial contract to sell road construction and maintenance machines and municipal vehicles to Kazakhstan, the company's press service told BelTA.
Financial support programs for entrepreneurs start in Kazakhstan NUR-SULTAN. KAZINFORM Three financial support programs for entrepreneurs implementing energy efficiency and renewable energy projects are to be launched in Kazakhstan in the near future, the official website of the UNDP Kazakhstan reads.