Economy

09.08.2022 10:35

Capital investments into defence in Kazakhstan doubled

NUR-SULTAN. KAZINFORM Capital investments into public administration and defence sector as well as compulsory social security in Kazakhstan in the first six months of 2022 reached KZT 38.8 bln that is 2.2 times more as compared to the previous year, Finprom.kz reads.

04.08.2022 11:51

9 more Kazakhstani companies to export horse meat to Japan

NUR-SULTAN. KAZINFORM 9 more Kazakhstan-based companies were included into the list of companies eligible to export horse meat to Japan following bilateral cooperation between the Kazakh Agriculture Ministry and the Ministry of Agriculture, Forestry and Fisheries of Japan, Kazinform reports quoting the Kazakh Ministry.

03.08.2022 13:12

Kazakhstan’s wool exports grew by 3.8 times

NUR-SULTAN. KAZINFORM «Over the past years Kazakhstan increased its wool exports 3.8 times,» Deputy Prime Minister of Kazakhstan -Trade and Integration Minister Bakhyt Sultanov said answering the Majilis deputies’ inquiry.

03.08.2022 12:19

OECD recognises that AIFC tax regime complies with global standards of tax transparency

NUR-SULTAN. KAZINFORM The Organisation for Economic Co-operation and Development (OECD) has released a report declaring that the Astana International Financial Centre (AIFC’s) tax regime is compliant with global standards of tax transparency. This recognition is an important step in demonstrating the AIFC's compliance with global tax transparency standards.

02.08.2022 16:21

Urumqi to host VII China-Eurasia Expo

BEIJING. KAZINFORM The VII China-Eurasia Expo will take place in Urumqi between August 25 and 30, Kazinform correspondent reports referring to the Exhibition’s Bureau.

02.08.2022 13:13

Kazakhstan to elaborate rural development concept

NUR-SULTAN. KAZINFORM Kazakh Prime Minister Alikhan Smailov set tasks as part of the 'Strong regions - the country’s development driver' national project, Kazinform reports.

02.08.2022 12:53

Kazakhstan to prepare single-industry towns development roadmap

NUR-SULTAN. KAZINFORM «The roadmap will provide state measures to support single-industry towns development,» Kazakh National Economy Minister Alibek Kuantyrov told today’s Government meeting.

27.07.2022 21:55

IMF cuts 2022 global growth forecast to 3.2 pct, warns of downside risks

WASHINGTON. KAZINFORM - The International Monetary Fund (IMF) on Tuesday slashed the global growth forecast for 2022 to 3.2 percent, down by 0.4 percentage point from the April projection, according to its newly released update to the World Economic Outlook (WEO), Xinhua reports.

25.07.2022 13:57

Kazakhstan reports rise in commodity turnover with third countries

NUR-SULTAN. KAZINFORM Kazakhstan has increased the export of goods, Kazinform learned from the State Revenue Committee of the Ministry of Finance.

22.07.2022 10:08

EBRD provides $25mln to Kazakhstan’s microlender KMF

NUR-SULTAN. KAZINFORM - The European Bank for Reconstruction and Development (EBRD) is helping micro, small and medium-sized businesses across Kazakhstan by providing fresh funds to the country’s leading microlending institution KMF. They will help them grow and cope with the after-effects of the pandemic and the ongoing macroeconomic downturn, ebrd.com reports.

18.07.2022 16:40

Kazakh PM chairs State Economic Modernization Commission meeting

NUR-SULTAN. KAZINFORM - Prime Minister of Kazakhstan Alikhan Smailov held a meeting of the State Commission for the modernization of Kazakhstan's economy, kazinform cites primeminister.kz.

14.07.2022 15:45

Kazakhstan to extend Economy of Simple Things program to 2023

NUR-SULTAN. KAZINFORM - Kazakh Prime Minister Alikhan Smailov spoke of the extention of the Economy of Simple Things program until 2023, Kazinform correspondent reports.

14.07.2022 12:19

National Bank’s assets amount to $51.9 billion

NUR-SULTAN. KAZINFORM The foreign reserves of the Kazakh National Bank amount to $32 billion, having decreased by $2.4 billion since the beginning of the year, Governor of the National Bank Galymzhan Pirmatov said at the Government’s extended meeting today.

14.07.2022 10:56

Inflation in Kazakhstan climbs to 14,5%, highest since 2015 – President

NUR-SULTAN. KAZINFORM – Despite complicated geopolitical challenges, Kazakhstan develops steadily, President Kassym-Jomart Tokayev said Thursday, Kazinform correspondent reports.

13.07.2022 13:49

Kazakhstan-EAEU commodity turnover rises by 4.8%

NUR-SULTAN. KAZINFORM In January-May 2022, commodity turnover between Kazakhstan and the EAEU countries reached $9,956,900 in monetary terms. It is 4.8% higher compared to the same period in 2021, Kazinform reports.

13.07.2022 13:33

Kazakhstan, Israel discuss bilateral cooperation in Nur-Sultan

NUR-SULTAN. KAZINFORM – The Kazakh capital, Nur-Sultan, hosted the 9th Meeting of the Kazakhstan-Israeli Joint Commission on Trade and Economic Cooperation this week, Kazinform has learned from the press service of the prime minister.

11.07.2022 12:00

Driving resilience and economic growth in New Kazakhstan

NUR-SULTAN. KAZINFORM - As Kazakhstan stepped into the new stage of its development under the New Kazakhstan agenda, sweeping large-scale reforms are on their way. More about how Kazakhstan sees its development moving forward is in the latest article of Kazinform.

01.07.2022 12:21

Islamic Finance Conference held during Astana Finance Days

NUR-SULTAN. KAZINFORM The main goal of the Islamic Finance Conference was to hold a broad discussion about Islamic finance as an alternative way of financing and investing in Central Asia and the CIS.

30.06.2022 17:56

National Bank likely to achieve results if inflation expectations are firmly anchored – IMF

NUR-SULTAN. KAZINFORM Nicolas Blancher, a Division Chief in the IMF's the Middle East and Central Asia Department, shares his view on broadening the National Bank of Kazakhstan mandate.

30.06.2022 15:47

Key vectors for development of women’s entrepreneurship discussed at Astana Finance Days conf

NUR-SULTAN. KAZINFORM On June 28, 2022, at the international conference Astana Finance Days (AFD) the AIFC Tech Hub, together with Visa, the world leader in the digital payments, held a panel session «Strengthening the SME sector in Kazakhstan through the active inclusion of women in the country's economy».