
Modernization in Kazakh style
New development opportunities in the conditions of the fourth industrial revolution
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New development opportunities in the conditions of the fourth industrial revolution
An earthquake with a magnitude of 4.1 points has been registered 300 km west from Almaty today, the Committee for Emergency Situations of the Ministry of Education of Kazakhstan said. The epicenter of the quake was at a depth of 10 …
The government of Kazakhstan has approved the strategic plan for Kazakhstan's development until 2025, the country's Minister of National Economy Timur Suleimenov said. The strategic plan for the development of …
Baurzhan Bekeshev has been appointed deputy minister of the Kazakh national economy in accordance with the decree of the country’s government, the website of Kazakh Prime Minister said. Since 2014, Bekeshev worked …
to Support Sustainable Growth, Economic Diversification
Kazakhstan's reliance on external commodity sales keeps setting the scene
Kazakhstan's GDP growth of 3.7% in the first four months of 2017 doesn't mean it's time to relax, Kazakh Prime Minister Bakytzhan Sagintayev said. "The results are quite promising, however, there is no …
Moody's: Kazakhstan more resilient than Azerbaijan in adjustment to lower oil prices
The government plans to triple a special transfer from the national oil fund to the budget to 1.5 trillion tenge
Kazakhstan's GDP growth during 11 months of 2016 amounted to 0.8% and is expected to reach 1% by end of the year, Minister of National Economy of the country Kuandyk Bishimbayev said. He added that this result can …
Fitch Ratings has affirmed Kazakhstan's Long-Term Foreign and Local Currency Issuer Default Ratings at 'BBB' with a Stable Outlook, the agency said. The issue ratings on Kazakhstan's seni …
Even though the world's major crude exporters have agreed to cut production to boost prices
The National Bank of Kazakhstan forecasts inflation at a level no higher than 8% in 2016, the head of the National Bank of Kazakhstan Daniyar Akishev said at the Astana Economic Forum. "The National Bank's …
IMF Managing Director Christine Lagarde doesn't expect growth to pick up very quickly over the next few years in Kazakhstan. According to her, "the decline in oil prices has had a major impact on …
Early elections are a perfect way to maintain interethnic peace, expert says
The Kazakh government has revised the economic growth forecast for 2016, reducing the expectation of GDP from 2.1 to 0.5%. "If below 40 dollars [per barrel of oil]GDP growth was assumed at 2.1%, we believe that under the …
Kazakhstan feels uncomfortable because of Russia’s conflicts with Ukraine and Turkey
Kazakh President Nursultan Nazarbayev said that the country needs to get used to living with low oil prices, despite the fact that they have already reached their possible low mark. "A barrel of oil cost 8.5 dollars …
The catastrophic drop in oil prices actively promotes the development of the real sector of economies of the countries of the Caspian region, Russian, Azerbaijani and Kazakh experts said today during discussion of the economic future in the …
Kazakhstan has reduced the oil export customs duty to $40 per ton since January 1, 2016. The corresponding order was signed by the Kazakh national economy minister. The oil export duty in Kazakhstan has amounted to $60 per ton since …