KAZINFORM

Economy

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.

28.06.2022 13:15

Workshops of AIFC Academy of Law held as part of Astana Finance Days 2022 NUR-SULTAN. KAZINFORM The AIFC Academy of Law held a series of workshops on the most relevant topics for business and society as part of the Astana Finance Days and EdTech Forum.

28.06.2022 11:12

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.

20.06.2022 12:25

Situation with mines not to affect CPC work – Minister Akchulakov NUR-SULTAN. KAZINFORM Minister of Energy Bolat Akchulakov has commented on the situation regarding the mines found around the Caspian Pipeline Consortium terminal at Novorossyisk port, Kazinform correspondent reports.

20.06.2022 11:36

Kazakhstan-Azerbaijan railroad transportations rise 3.5fold BAKU. KAZINFORM In January-May 2022 railroad transportations between Kazakhstan and Azerbaijan increased more than 3.5fold against the same period in 2021, Kazinform learned the Kazakhstan Temir Zholy company's office in Baku.

17.06.2022 08:55

Food prices rose by 19% – National Bank Governor NUR-SULTAN. KAZINFORM – Last year the Kazakh Government together with the National Bank began implementing an anti-inflationary response package with a view to stabilize nonmonetary inflation factors, Kazinfrom correspondent reports.

16.06.2022 11:36

SCO member states’ coop in agricultural sector discussed in Beijing BEIJING. KAZINFORM Issues of cooperation of the Shanghai Cooperation Organization members states in agriculture and foodstuffs production were discussed in Bejing, Kazinform correspondent reports.

16.06.2022 09:28

CIS Innovation Commercialization Center to be based in Kazakhstan NUR-SULTAN. KAIZNFORM - Members of the Economic Council decided to grant the Kvarta Astana exhibition center the status of a center of innovation commercialization until 2030, Kazinform correspondent reports.

10.06.2022 16:38

CIS's total GDP up 4.7% over last year NUR-SULTAN. KAZINFORM - The 94th session of the CIS Economic Council took place under the chairmanship of Deputy Prime Minister - Trade and Integration Minister of Kazakhstan Bakhyt Sultanov in Nur-Sultan, Kazinform correspondent reports.

10.06.2022 16:00

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.

09.06.2022 13:05

More and more people need state financial support – Accounts Committee NUR-SULTAN. KAZINFORM More and more people in Kazakhstan need state financial support today, Chairperson of the Accounts Committee Natalya Godunova says.

08.06.2022 16:25

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.

08.06.2022 15:22

Kazakhstan spent almost 1bn tenge on raising wages for public sector workers NUR-SULTAN.KAZINFORM 56 strategic areas received budgetary support in 2021, according to Minister of Finance Yerulan Zhamaubayev who said it at a plenary session of the Majilis on Wednesday, Kazinform reports.

08.06.2022 15:01

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.

07.06.2022 17:52

National Bank forecasts economic growth in nearest 3 years NUR-SULTAN. KAZINFORM Kazakhstan’s GDP rose by 4.4% in January-April 2022. Growth is observed in major sectors of economy, Kazinform has learned from the National Bank of the Republic of Kazakhstan.

07.06.2022 16:45

Kazakhstan to allocate KZT 20 bln for grain-fodder reserves NUR-SULTAN. KAZINFORM «The Agrarian Credit Corporation JSC allocates this year KZT 140 bln for spring sowing campaign,» Kazakh Agriculture Minister Yerbol Karashukeyev told the Government meeting.

07.06.2022 13:50

Kazakhstan’s gas sector may face crisis in two years NUR-SULTAN. KAZINFORM QazaqGas National Company announced need in urgent measures to expand commercial gas reserve base, Kazinform correspondent reports.

06.06.2022 15:29

Kazakh Energy Minister projects gas shortages by 2025 NUR-SULTAN. KAZINFORM Kazakh Energy Minister Bolat Akchulakov told about the growth of the country’s gas consumption, Kazinform reports.

06.06.2022 11:55

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.

03.06.2022 14:54

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.

02.06.2022 19:51

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