Articles by Kseniya Voronina

ASTANA – During the official visit of the Kazakh delegation led by President Nursultan Nazarbayev to London on Nov. 3, the Kazakhstan Stock Exchange (KASE) and the London Stock Exchange (LSEG) signed a memorandum of understanding (MoU) to promote access by investors and issuers to the capital markets of Kazakhstan and Great Britain as well…

ASTANA –A special Islamic financial company is to be established in Kazakhstan to issue sukuk – Islamic bonds, according to interfax.kz. “The National Bank has developed amendments to the legislation of Kazakhstan with provisions to improve the terms for issuing state Islamic bonds,” the National Bank reported. Development of the amendments is due to the…

ASTANA – Chairman of the National Bank of Kazakhstan Kairat Kelimbetov believes the tenge will stabilise in the next three to five months, according to Interfax. “Once the tenge stabilises, I think in the coming three to five months, it is quite evident that we would need to expand credit to achieve high levels of…

The new State Loan Office, which is a nonprofit subsidiary of the National Bank of Kazakhstan, started operations on Oct. 1 and is now accepting personal credit reports as part of its lending operations. Since April last year, the organisation has been preparing to bring information systems in line with Kazakh laws concerning the operation…

“Do good things and post them on social media” is the motto of Acts of Kindness, a social action programme presented Oct. 6 in Astana. Initiated by the National Volunteer Network and supported by the Seventh TV channel, organisers believe the measure will help them achieve several goals at once: helping those in need, spreading…

ASTANA – Minister of Agriculture Assylzhan Mamytbekov recently announced that the government will continue subsidies for healthy agricultural businesses, but will no longer support non-competitive agricultural enterprises. “The concern about further farming subsidies is growing. I can say that the agricultural sector will receive governmental support. As stated in our development programme, we are going…

Seven hundred websites and 21 religious organisations have been banned in Kazakhstan in reaction to extremist ideas and terrorist threats in the country, announced Kazakh Prosecutor General Askhat Daulbayev during an Aug. 27 meeting of attorneys general organised in the framework of the Shanghai Cooperation Organisation (SCO) in Astana. “Apart from organisations, whose activities were…

ASTANA – A systematic and comprehensive analysis of the legislative work of the Kazakh Parliament has begun in the Mazhilis (lower house of Parliament) and its structural and its structural divisions. “The first results of this work for the session in the new format are published for general use. The publication contains a QR code…

ASTANA – Kazakhstan’s rate of inflation slowed to 3.9 percent in June as a result of joint actions by the National Bank and government. “Annual inflation at the end of 2014 was 7.4 percent. In June 2015 it was 3.9 percent in annual terms. Inflation was 6.1 percent in early February of this year,” said…

Kazakhmys Corporation and the Union of Writers of Kazakhstan recently announced the winners of the Balausa competition to select the best literary work in the Kazakh language for children of preschool age. Two-hundred-fifty works from 210 participants were received for the competition. The jury consisted of famous children’s writers YeskenYelubai, Sultan Kaliyev, BeibitSarybay as well…

In an effort to encourage conscionable entrepreneurs, the Kazakh Ministry of Finance will be developing the institute of authorised economic operators. The announcement was made during the recent briefing dedicated to interaction issues within Eurasian integration. “We will continue working in support of conscionable entrepreneurs. We have already made the appropriate changes to the legislation…

A new report shows that Astana’s city hospital is the country’s highest rated multidisciplinary medical institution followed by Kostanai city hospital and Rudny city hospital. Tekeli hospital of the Almaty region was rated lowest in this category. The report was compiled by the National Centre for Health Development, which rated 94 multidisciplinary medical institutions in…

ASTANA – A 2014 ranking by Charities Aid Foundation (CAF) placed Kazakhstan 101st of 135 countries on the World Giving Index. As a result, participants at a recent meeting concluded the need for the nation to develop and adopt a draft law on charity, according to the Nur Otan party press service. “Of course society…

Confederation of Combat Sports and Powerlifting Chairman Timur Kulibayev directed members of the confederation during a March 12 confederation meeting to intensify their preparations for the 2016 Olympic Games. New Confederation Director General Daniar Abulgazin was also introduced at the meeting. He took the position after the resignation of Saken Musaibekov, who was appointed by…

A delegation from the Islamic Republic of Iran headed by General in Chief of the Iranian Naval Forces Rear Admiral Habibollah Sayyari made an official visit to Astana on March 2, reported the press service of the Ministry of Defence of the Republic of Kazakhstan. “Today’s visit by Rear Admiral Sayyari is another step in…

ASTANA –Secretary of State of Kazakhstan Gulshara Abdykalikovaand Antonio Somme, head of the Eurasian Competitiveness Programme of the Organisation for Economic Cooperation and Development (OECD), met Feb. 27 to discuss increasing the involvement of women in the Kazakh economy. “A special issue of the meeting was the initiative of the OECD aimed at improving the…

ASTANA – According to Kazakh Minister of Education and Science Aslan Sarinzhipov, 506 new kindergartens will begin operating in the country this year. The announcement was made during a Feb. 16 briefing at the Central Communications Service. “This year we will continue developing the pre-school and education infrastructure in the country. Seventy-five out of the…

An historical and archaeological museum, as well as a centre for visitors built on the site of the ancient city, will be opened in Taraz this year. The decision was announced by the head of the Department for Culture and Arts of the Ministry of Culture and Sports Aktoty Raiymkulova during a briefing recently in…

Non-governmental organisations (NGOs) have submitted 12 applications for grants to solve environmental issues in the Mangistau region, said Director of Eco Mangistau Kirill Osin on Jan. 29. Announced in November, the deadline for filing applications to the small grants programme in the region was Jan. 31. During this time, a dozen applications were received. The…

As per the forecasts, Kazakhstan experienced a 4.3 percent gross domestic product (GDP) increase during 2014, according to the Chairman of the Statistics Committee of the Ministry of National Economy Alikhan Smailov. A short-termeconomic indicatoramounted to 102.8 percent from January–December 2014. The fixedasset formation was 574.7 billiontenge (US$3.1 billion), which means that the investment volume…

Almaty City Akim (Mayor) Akhmetzhan Yessimov said during a Dec. 19 Central Communications Service briefing that hosting the Winter Olympics in Almaty in 2020 would be profitable for the city and that only one new structure would have to be built if the city is chosen to host the 2020 games. Yessimov said that unlike…