Search Results for 2014/12/27

10 Years under the Flag of CICA

…the member countries, observers and guests. China, in its turn as chairman of CICA since 2014, gave a detailed report for the activity over the last years and presented its…

2014 Astana Economic Forum Celebrates International Organisations

The May 21-23 Astana Economic Forum will not only be a gathering of world economic experts, but a platform to note the anniversaries of significant international finance organisations and events….

EBRD Advises Kazakhstan to Focus on Preparing for Better Times

…by collapsing oil prices – close to a 70-percent loss since the beginning of 2014 and continued weakening in 2016, said EBRD Associate Director and regional lead economist Dr. Agris…

National Bank Sees Inflation in Kazakhstan Decreasing

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 National Bank Chairman Kairat Kelimbetov…

“Modest” Modernisation Plans, Cost Cutting to Offset Falling Prices, KMG EP Head Says

…our shares in our subsidiaries, is 9.217 million tonnes of oil. Please note that our agreed target for 2014 was 12.263 tons of oil, and we have every reason to…

Eurasian Economic Union Launches in Challenging Times

…last year. In 2014, nearly 8,000 workers from Russia came to Kazakhstan, 560 from Belarus and 260 from Armenia. The 2014 quota for foreign labour was 63,000 people, though only…

Kazakh football player is among 100 New Faces of Kazakhstan

…won the Kazakhstan Cup in 2014. Islamkhan was recognised as the best player in this country’s Premier League for 2014. From the 2015 season, Islamkhan became the captain of his…

New EBRD Economic Forecast Slashes Predictions of Growth for Kazakhstan, Foresees Contraction on Average across ERBD Regions

…in 2014 and predicts an inflation rate of 6.5 percent for this year. Kazakhstan was called out once again for its 30 percent non-performing loan rate, which the EBRD cites…

Economic News in Brief

…focused on implementing President Nazarbayev’s Kazakhstan 2050 Strategy over the course of 2014, as well as the Nurly Zhol economic stimulus programme announced near the end of the year. Dossayev…

Kazakh Grain Exports Growing, New Markets Sought in China and Southeast Asia

…Chinese market is also very promising for domestic grain producers. In 2013, according to statistics, 124,000 tonnes of grain was exported there, including 10,000 tonnes by the Food Corporation National…