Kazakhstani economics

Alina Aldambergen appointed Kazakhstan Stock Exchange head

Alina Aldambergen appointed Kazakhstan Stock Exchange head

Alina Aldambergen has became the new chairperson of the management board of Kazakhstan Stock Exchange (KASE). She was elected to this position for three years by a decision of the KASE Board of Directors. Aldambergen …

National Bank of Kazakhstan expects to reduce inflation in 2016

National Bank of Kazakhstan expects to reduce inflation in 2016

The National Bank of Kazakhstan expects to reduce inflation rate to 8% from 12% in the next year. "Despite the fact that in 2016 inflation will remain at a high level, we expect that in the fourth quarter of next year a significant …

Nazarbaev admonishes ministers for improper use of budget

Nazarbaev admonishes ministers for improper use of budget

During the extended meeting of the Government Kazakh President Nursultan Nazarbayev has criticized such departments as the Ministry of Investment and Development, the Ministry of National Economy, the Ministry of Finance and …

Access to LiveJournal restored in Kazakhstan

Access to LiveJournal restored in Kazakhstan

The Communication and Information Committee of the Investment and Development Ministry resumed the access to LiveJournal in Kazakhstan, closed since November 11, 2015. "The access was restored after the website administration …

Kazakh tenge set new anti-record

Kazakh tenge set new anti-record

The Kazakh tenge dropped to 307.53 per dollar on the Kazakhstan Stock Exchange (KASE) today, the press service of KASE said. At the end of the morning trading session the current average rate of the tenge was 335.4 per euro. …

Kazakh tenge falls by 5.1%

Kazakh tenge falls by 5.1%

The Kazakh tenge dropped to 298.92 per dollar on the Kazakhstan Stock Exchange (KASE) today, the press service of KASE said. At the end of the morning trading session the current average rate of the dollar rose by 7% to the market …

Kazakhstan lifts ban on imports of Russian food products

Kazakhstan lifts ban on imports of Russian food products

Kazakhstan lifted restrictions on the import and sale of a number of food products from Russia. According to the press service of the Committee on Consumer Protection of the Ministry of National Economy of Kazakhstan, the tests have shown that …

IMF welcomes decision to float tenge

IMF welcomes decision to float tenge

The director of the IMF’s Middle East and Central Asia Department, Masood Ahmed, visited Kazakhstan on September 2–4. He met Prime Minister of Kazakhstan Karim Massimov, the ...

IMF forecasts real GDP growth in Kazakhstan of 3.25% in 2016

IMF forecasts real GDP growth in Kazakhstan of 3.25% in 2016

"Next year, growth is projected to pick up to 3.25%, driven by gradual recovery in oil prices and external demand. Still, the medium-term growth outlook is less favorable than projected last year, given the impact of lower oil prices and …