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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 …
The Kazakh tenge dropped to 386.9 per dollar on the Kazakhstan Stock Exchange (KASE) this morning as of August 6, 2019, the press service of KASE said. The maximum dollar selling rate in exchange offices of Nur-Sultan is 387.2 …
Kazakhstan’s central bank kept its policy rate unchanged at 9.25%, in its first review since last month’s leadership reshuffle at the Central Asian nation’s financial regulator. The bank said in a statement that the …
The National Bank of Kazakhstan forecasts the country's economic growth of 2.7% in 2019. (2.6% in the previous forecast round), in the first half of 2020 – 2.7%. The main driver of economic growth will be the growth …
It has a decade to diversify away from oil
The Kazakh-Indian Invest Forum was founded in New Delhi
Kazakhstan’s National Bank decided to conduct currency interventions to prevent the strengthening of devaluation expectations and stabilize the domestic foreign exchange market. The press service of the bank said that in the …
The International Monetary Fund (IMF) expects Kazakhstan’s economy to expand 3.7% in 2018 and 3.1% in 2019, the fund said in a press release. "The growth rate of Kazakhstan's economy increased due to an increase in oil …
Kazakhstan will limit the turnover in the foreign exchange market, the relevant law was signed the yesterday by the country's President Nursultan Nazarbayev. The amendment to the Law "On Currency Regulation and …
To prevent the withdrawal of assets from the financial institutions of Kazakhstan, it is necessary to restrict legislatively the banks' lending to their shareholders, the chairman of the Senate of the Republic, Kassym-Zhomart Tokayev, said at …
The upper chamber of the Kazakh parliament approved the ratification of a protocol that specifies a procedure for distribution of import customs duties between the states participating in the Eurasian Economic Union (EEU). …
Kazakhstan's central bank chairman, Daniyar Akishev, said he expected no significant changes in the tenge exchange rate this year. "The situation right now is favourable both on the external and domestic …
