The Kazakh authorities do not plan to change the forecast for oil production this year, since the republic has pledged to fulfill the OPEC+ condition to reduce fuel production.
Kazakhstan will develop production, business and agriculture. The new government will also pay attention to the logistics, energy, and water sectors.
The authorities of Uzbekistan and Kazakhstan intend to remove barriers to bilateral trade. They will create a single online trading platform.
Kazakhstan's National Bank has launched the digital tenge project, the bank's press service reported. The …
The Trans-Caspian International Transport Route (TITR, or Middle Corridor) will create new opportunities for mutually beneficial trade and …
Oil production sector rose 8.4% in Kazakhstan, Kazakh National Economy Minister Alibek Kuantyrov said at a government meeting in Astana. He noted that the country's extractive industry grew 5.4%: oil production sector rose 8.4%, gas …
Kazakh banks will be able to export Russian rubles again. The restriction on the export of the currency of a neighboring state until the end of this year can be lifted in early summer.
The National Bank of Kazakhstan has increased the base rate from 14.5% to 16% per annum within an interest rate band of ±1 p.p., the regulator's press office said. Rate for standing facilities rates are set at 17% for …
At a meeting with the manager of the Astana International Financial Center, Kairat Kelimbetov, President of Kazakhstan Kassym-Zhomart Tokayev announced his desire to attract foreign investment in the economy of the republic, the press service of …
Kazakh National Economy Minister Alibek Kuantyrov told the Government meeting about the main economic growth indicators in the first quarter of 2022, according to Kazinform. In January-March this year the country’s economic …
A joint statement was made by the National Bank of Kazakhstan (NBK) and Kazakhstan Stock Exchange JSC (KASE). According to the statement, NBK and KASE decided to change the trading rules for the tenge-US dollar currency pair on March 9, …
Kazakhstan's central bank raised its main interest rate to 10.25% from 9.75% on Monday. The bank said it expects inflation to slow to 6.0-6.5% this year from last year's 8.4% thanks to tighter monetary policy and other measures …
The Kazakh authorities have decided to sell liquified petroleum gas (LPG) on the basis of requests made by local governing bodies instead of via the electronic trading platform, which was the case earlier, the press service of the …
Cargo transiting through Kazakhstan is expected to double in volume by 2025 from 2010, said Deputy Minister of National Economy Alibek Kuantyrov in a recent interview with …
Kazakhstan's central bank raises policy rate to 9.25% Kazakhstan's central bank raised its policy rate to 9.25% from 9.0% on Monday, citing the need to prevent inflation from spiraling as the economy started to recover. …
As of today, nearly 85 percent of all solid waste in the country does not get sorted and recycled
Kazakhstan's central bank hiked its policy rate to 12.0% from 9.25% today, governor Yerbolat Dosayev said. He cited risks of pressure on the tenge exchange rate and inflation after the collapse of oil prices, Reuters reported. …
Kazakhstan’s authorities may need to take more measures to prevent a fresh asset quality crisis fuelled by risky retail lending, rating agency Moody’s said, warning that a spike in defaults was looming. "Retail …
Political transformations in Kazakhstan will take into account the state's interests, Kazakh President Kassym-Jomart Tokayev told parliament in an annual address on Monday. The president criticised the central …
President of Kazakhstan Kassym-Jomart Tokayev chaired a meeting on budget planning in Akorda. The session was attended by Prime Minister Askar Mamin, first Deputy PM, Minister of Finance Alikhan Smailov, Deputy PMs …
