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Kazakhstan to boost stimulus package to $25 bln

Kazakhstan will add $4 billion to its existing $21 billion economic stimulus package, the president of Central Asia's biggest economy said on Friday as he called for unity in the face of the global downturn.

6 2009 | Viewed: 988 | News / Theme of day | Read full
President Nursultan Nazarbayev Makes Government and Regional Top Officials Personnel Appointments

A new post of First Deputy Prime Minister was formed in the government. By the presidential decree Umirzak Shukeyev is appointed to this post.

4 2009 | Viewed: 889 | News / Theme of day | Read full
Vice chairman of National Bank appointed

The President of Kazakhstan, Nursultan Nazarbayev, appointed vice chairman of the National Bank of Kazakhstan, the agency reports citing the president's press service.

3 2009 | Viewed: 936 | News / Theme of day | Read full
By the presidential decree Abelgazi Kaliakparovich Kussainov was appointed Minister of Transport and Communications of the Republic of Kazakhstan

By the presidential decree Serik Nygmetuly Akhmetov was appointed Deputy Prime Minister of the Republic of Kazakhstan and relieved of his post as Minister of Transport and Communications of the Republic of Kazakhstan.

3 2009 | Viewed: 913 | News / Theme of day | Read full
Kazakhstan ratifies Kyoto protocol

Kazakhstan approved on Thursday its membership in the Kyoto protocol, a U.N.-led pact to fight global warming that would allow the vast Central Asian nation to sell emission permits.

27 2009 | Viewed: 767 | News / Theme of day | Read full
There will be no second wave of devaluation in Kazakhstan

There will be no second wave of devaluation in Kazakhstan, answered head of National bank of Kazakhstan Grigoriy Marchenko at the briefing for journalists, agency reports.

25 2009 | Viewed: 786 | News / Theme of day | Read full

Mr. Shigeo Katsu, Vice-President of the World Bank for Europe and Central Asia Region, and Mr. Motoo Konishi, the World Bank's newly appointed Regional Director for Central Asia are visiting Kazakhstan from February 23 to 24, 2009. The main purpose of the visit is to introduce Mr. Konishi as the new World Bank Director for five Countries of Central Asia (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan) and to discuss with the key Kazakh counterparts the outcomes of the ongoing Bank projects and programs and areas for the World Bank's future support to Kazakhstan.

25 2009 | Viewed: 1 173 | News / Theme of day | Read full
Chairman of Vnesheconom bank of Russia informed president of cooperation with institutes of development of Kazakhstan

President of Kazakhstan Nursultan Nazarbayev received the chairman of Vnesheconombank of Russia Vladimir Dmitriyev. He informed the head of the state on the process of development Vnesheconom bank of Russia with institute of development of Kazakhstan, agency reports with reference to press service of the president of Kazakhstan.

24 2009 | Viewed: 1 186 | News / Theme of day | Read full
Karachaganak Petroleum Operating participants ask to postpone date of field development

Participants of the Karachaganak Petroleum Operating B.V. () ask to postpone date of realization of the third stage of the Karachaganak oil and gas condensate field development, said head of the ministry of energy and mineral resources of Kazakhstan Sauat Mynbayev, agency reports.

23 2009 | Viewed: 888 | News / Theme of day | Read full
Kazakhstan received EITI Chairman Award in Doha

On the EITI Chairman's dinner in Doha (Qatar) on February 17, 2009, Kazakhstan received Chairman's Peter Eigen Award as a best implementing country together with Azerbaijan and Liberia.

19 2009 | Viewed: 1 174 | News / Theme of day | Read full
Kazakhstan Seeks to Expand Oil Outlets

The oil-rich Central Asian nation of Kazakhstan urgently needs more export capacity to cope with a big uptick in its oil production over the next decade, a senior Chevron executive said.

A rare bright spot in the global energy industry, Kazakhstan is expected to nearly double oil output by 2020, becoming one of the world's top 10 crude producers. But the landlocked country has few viable export outlets, with the bulk of its oil passing through Russia.

18 2009 | Viewed: 889 | News / Review of Mass Media | Read full
ENRC buys stake in Kazakh coal producer for $200 mln

Eurasian Natural Resources Corporation Plc (ENRC.L) said on Monday it acquired a 25 percent stake in Shubarkol Komir JSC, a major thermal coal producer in Kazakhstan, for $200 million in cash.

16 2009 | Viewed: 840 | News / Theme of day | Read full
Kazakhstan to pump cash into nationalized banks

Kazakhstan will pump funds into recently nationalized banks to help stabilize the steadily worsening economy, the country's prime minister said Monday.

16 2009 | Viewed: 853 | News / Review of Mass Media | Read full
II-nd Astana economic forum planned in March

This year II-nd Astana economic forum is planned in March on the topic: "Economic safety in Eurasia in the system of global risks," said minister of economy and budget planning of Kazakhstan Bakhyt Sultanov.

5 2009 | Viewed: 112 988 | News / Theme of day | Read full
Primer of Kazakhstan commissioned to prepare macroeconomic forecast of the country shortly

Prime minister of Kazakhstan Karim Massimov commissioned his deputy in the shortest possible time to prepare macroeconomic forecast of the country. Such errand he gave today during selector session of the government to his deputy Erbol Orynbayev, agency reports.

4 2009 | Viewed: 939 | News / Theme of day | Read full
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