KAZINFORM

Economy

Kazakh President to unveil steps to boost economic development NUR-SULTAN. KAZINFORM - According to Kassym-Jomart Tokayev, the second state-of-the-nation address will include new steps to boost the economic development, Kazinform correspondent reports.

10.07.2020 14:39

KZT 150B allocated from government and regional budget during pandemic - Tokayev NUR-SULTAN. KAZINFORM - 150 billion tenge has been allocated from the Government and regional budgets to deal with the coronavirus pandemic, Head of State Kassym-Jomart Tokayev told the expanded Government session on Friday, Kazinform correspondent cites the Akorda's Twitter account.

10.07.2020 13:34

Kazakhstan’s economy contracted 1.8% – President NUR-SULTAN. KAZINFORM – Kazakhstan’s economy is developing in difficult circumstances since the beginning of this year, Head of State Kassym-Jomart Tokayev stated at the extended session of the Kazakh Government on Friday, Kazinform reports.

10.07.2020 11:43

OPEC daily basket price stands at $43.44 a barrel Wednesday VIENNA. KAZINFORM The price of OPEC basket of thirteen crudes stood at US$43.44 a barrel on Wednesday, 8th July 2020, compared with $43.15 the previous day, according to OPEC Secretariat calculations.

09.07.2020 19:55

Kazakhstan to channel KZT 1.5 bln for locust control NUR-SULTAN. KAZINFORM «This year Kazakhstan plans to channel KZT 1.5 bln for locust control,» 1st Vice Minister of Agriculture of Kazakhstan Aidarbek Saparov told an online briefing.

09.07.2020 18:08

Kazakhstan reports rise in international reserves ALMATY. KAZINFORM - According to Aliya Moldabekova, deputy chair of the National Bank of Kazakhstan, the country's national reserves have jumped to 32.9 billion dollars, Kazinform correspondent reports.

09.07.2020 11:42

OPEC daily basket price stood at $43.15 a barrel Tuesday VIENNA. KAZINFORM The price of OPEC basket of thirteen crudes stood at US$43.15 a barrel on Tuesday, 7th July, 2020, compared with $43.57 the previous day, according to OPEC Secretariat calculations.

08.07.2020 15:33

Karaganda to open first of its kind coal plant KARAGANDA. KAZINFORM - Coal with low ash content will be produced in Karaganda city under the innovation project spearheaded by Qaz Carbon. The plant is said to be the only of its kind in Kazakhstan, Kazinform correspondent reports.

08.07.2020 12:47

Oil down with more COVID-19 cases in key US states ANKARA. KAZINFORM Crude oil prices were down on Tuesday as the rising number of new coronavirus (COVID-19) cases in some key US states is dampening the outlook for oil demand in the country.

07.07.2020 18:20

World Bank financing to help Kazakhstan unleash full potential of its livestock industry WASHINGTON. KAZINFORM The World Bank Board of Executive Directors approved on July 2 a $500 million loan for the Sustainable Livestock Development Program to support the development of environmentally sustainable, inclusive, and competitive beef production in Kazakhstan.

04.07.2020 09:45

Kazakhstan reports fall in industrial products’ prices NUR-SULTAN. KAZINFORM - Prices for industrial products have fallen 18.1% over the past six months of current year in Kazakhstan, Kazinform cites the Statistics Committee.

02.07.2020 21:05

EBRD ensures sustainable operations of KazTransGas NUR-SULTAN. KAZINFORM - Kazakhstan's drive towards a low-carbon and climate-resilient economy by cutting the use of coal-fired power stations and reducing greenhouse gas emissions by up to 25 per cent by the end of 2030 will receive a boost following the approval of a new financing facility from the European Bank for Reconstruction and Development (EBRD) to KazTransGas, the operator of the national gas transportation system, ebrd.com reports.

01.07.2020 18:24

EBRD local currency loan for Kazakhstan’s microfinance organization KMF NUR-SULTAN. KAZINFORM - Kazakhstan’s leading microfinance lender, KMF, will be able to address the urgent liquidity needs of micro, small and medium-sized enterprises (MSMEs) in the coronavirus crisis, thanks to a local currency loan provided by the European Bank for Reconstruction and Development (EBRD), ebrd.com reports.

25.06.2020 08:41

Natural gas production rose by 7% in Kazakhstan NUR-SULTAN. KAZINFORM - In Kazakhstan within January – May 2020 natural gas production has reached 24.8 billion cubic meters which is by 7.2% more than in the same period the previous year, Kazinform reports with the reference to energyprom.kz.

23.06.2020 20:44

In 2nd half of 2020, Kazakhstan to continue to reduce oil production NUR-SULTAN. KAZINFORM - Government of the Republic of Kazakhstan adopted a Decree «On Introducing Temporary Restrictions on the Use of Subsoil Sites for Medium, Large and Gigantic Fields Proportionally to Export Volumes,» Kazinform has learnt from primeminister.kz.

23.06.2020 18:02

Kazakhstan to develop new entrepreneurship development agenda NUR-SULTAN. KAZINFORM Kazakh National Economy Minister Ruslan Dalenov told the Government meeting about the business support measures, Kazinform reports.

23.06.2020 09:46

Belarus, Uzbekistan work to set up joint genetic breeding center MINSK. KAZINFORM Uzbekistan is working to establish a genetic breeding center in cooperation with Belarus, Ambassador Extraordinary and Plenipotentiary of Belarus to Uzbekistan Leonid Marinich told BelTA.

22.06.2020 14:16

Employment Roadmap creates above 120,000 jobs NUR-SULTAN. KAZINFORM Realization of 5,954 projects creating more than 120,000 workplaces started under the 2020-2021 Employment Roadmap program, the Labor and Social Protection Ministry’s press service informs.

22.06.2020 13:33

Korea's exports dip 7.5 pct in first 20 days of June SEJONG. KAZINFORM South Korea's exports fell 7.5 percent on year in the first 20 days of June amid the fallout from the coronavirus pandemic, customs data showed Monday.

22.06.2020 09:29

IMF deploys emergency financing for 70 countries amid COVID-19 pandemic WASHINGTON. KAZINFORM The International Monetary Fund (IMF) has said it is expected to deploy emergency financing for 70 countries by Friday as the COVID-19 pandemic continues to ripple across the globe.

20.06.2020 16:00

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