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.
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.
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.
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.
Kaspi.kz’s CEO Mikhail Lomtadze recognized as the best business leader in Kazakhstan ALMATY. KAZINFORM - Mikhail Lomtadze, the CEO of Kaspi.kz, has been recognized as the best business leader in Kazakhstan, according to PricewaterhouseCoopers’ (PwC) 2020 CEO Survey, Kazinform has learnt from the bank’s press service.
Global economy to shrink 6% in 2020 on coronavirus pandemic: OECD TOKYO. KAZINFORM The global economy is projected to shrink 6.0 percent in 2020 from the previous year, the Organization for Economic Cooperation and Development said Wednesday, labeling the new coronavirus pandemic as the worst economic crisis since World War II.
French economy to contract over 10 pct in 2020: central bank PARIS. KAZINFORM The French economy, the eurozone's second largest, is on course to contract 10.3 percent in 2020 as the coronavirus pandemic had triggered the country's worst post-war recession, the Bank of France (Banque de France) said on Tuesday.
Economic rehabilitation project office set up in Kazakhstan SHYMKENT. KAZINFORM A project office for management system optimization to achieve socioeconomic goals was set up in Shymkent pursuant to the President’s task to restore economic growth , Kazinform reports referring to the Mayor’s press service.