The Kazakh Ministry of Justice, in cooperation with non-governmental organisations and the Atameken National Chamber of Entrepreneurs, has developed a draft law “On introducing amendments to the Code of Administrative Offences,” Justice Minister Marat Beketayev announced at a Feb. 10 enlarged board meeting devoted to the results of 2016 and priorities for 2017. The amendments [...]
Global experience has shown that foreign investments have a number of significant advantages over other forms of financing the economy.
In an interview, Vice Minister for Investments and Development Yerlan Khairov dwelled upon the work of attracting investments into Kazakhstan’s economy and improving the investment climate.
Mr. Khairov, what is being done today to [...]
Kazakhstan has improved its ranking in the updated Index of Economic Freedom of US research center The Heritage Foundation. Kazakhstan now ranks 42nd, leaving behind Russia and Belarus, the official website of the Prime Minister of Kazakhstan reports.
Kazakhstan has gained 69 points out of 100 (the maximum in the Index of Economic Freedom [...]
The US Embassy in Kazakhstan will represent the United States at the forthcoming negotiations on Syrian settlement in Astana, reports Sputnik citing the embassy’s spokesman.
The fresh round of consultations on Syria peace process in Astana is slated to start on February 16. The talks in Astana have been originally scheduled for February 15-16 in behind-closed-doors format followed by a joint news [...]
105,000 new workplaces were created in Kazakhstan in 2016 within the framework of the Nurly Zhol program, Minister of National Economy Timur Suleimenov claimed.
“KZT 739 billion, including KZT 472.8 billion of target-oriented transfers and KZT 266.2 billion of bonded loans of national holdings, was earmarked for the program in 2016. It should be noted [...]
The specified three-year budget of Kazakhstan provides for increase of spending on agro-industrial sector in 2017, Kazinform correspondent reports.
“More than 60bln tenge have been envisaged in the national budget for the development of agrarian sector,” Minister of Finance Bakhyt Sultanov said while presenting the amendments to the 2017-2019 National Budget Law in the Majilis [...]
Today President held a meeting discussing rapid technological modernization of the economy, Kazinform correspondent reports citing the press service of Akorda.
The meeting was attended by Prime Minister, Chairman of the National Bank of Kazakhstan, members of the Government, Akim of Astana, heads of national holdings and companies, as well as heads of leading private [...]
The Ministry of Energy of the Republic of Kazakhstan and the World Bank launched a new project aimed at designing and developing Kazakhstan’s greenhouse gases (GHG) electronic reporting platform and its supporting institutional and legal frameworks.
“Since 2013, facilities in the power and oil & gas sectors in Kazakhstan have reported on CO2, CH4, N2O, [...]
The US Energy Information Administration (EIA) in its Feb. 2017 short-term energy outlook has raised the forecast for the 2017 and 2018 oil output in Kazakhstan.
The forecast for 2017 was increased to 1.86 million barrels per day as compared to 1.81 in the previous report published in Jan.
The forecast for 2018 rose to [...]
ASTANA – The joint working group for monitoring the ceasefire regime in Syria held its first technical meeting behind closed doors Feb. 6 in the Kazakh capital. Representatives of Russia, Turkey, Iran, as well as the United Nations discussed the details of implementing the ceasefire agreement from December 2016.
Jordan also participated as an observer, [...]
Representatives from Turkey, Russia, Iran, UN, Jordan attend meeting in Kazakh capital.
Experts meeting in Kazakhstan’s capital Astana agreed to continue working towards “full” implementation of the Syria cease-fire, the head of Russia’s delegation said on Monday.
Stanislav Gadzhimagomedov’s remarks came after a technical meeting that involved experts from Turkey, Russia and Iran — who agreed last month [...]
Kazakh President Nursultan Nazarbayev’s 2017 address to the nation, published Jan. 31, focuses on what he termed a new, third stage of the country’s modernisation. It consists of five top priorities that are to ensure economic growth above the world average and bring the nation closer to its goal of joining the top 30 most-developed [...]
ASTANA – Kazakh President Nursultan Nazarbayev during a Jan. 30 televised statement outlined the topics to be covered in his annual address to the nation, which was released Jan. 31 in written form.
He said the address will discuss the third stage of Kazakhstan’s modernisation and then briefly outlined the areas of Kazakhstan’s development that [...]
A monitoring report of the European Union (EU) Rule of Law Initiative for Central Asia pilot project was presented at a Jan. 26 seminar meeting in the capital. The event was held at the Supreme Court with the participation of regional court chairpersons and administrators and international experts, including German Ambassador Rolf Mafael, rule of [...]
Kazakh President Nursultan Nazarbayev gave a special televised address Jan. 25 to the nation on the redistribution of powers among governmental bodies which would involve, among other steps, amending the country’s Constitution.
A special working group had been created by the President’s decree in December 2016, which carried out a thorough work on the issue [...]
Two days of international talks in Astana to extend the cease-fire in Syria brokered Dec. 29 by Russia and Turkey opened Jan. 23. The talks are expected to pave the way for Feb. 8 negotiations in Geneva under the UN auspices.
Monday’s meeting is the largest gathering to date in terms of parties in the [...]
ASTANA, January 16, 2017 – The World Bank Vice President for Europe and Central Asia, Cyril Muller, and the new Executive Director for Azerbaijan, Kazakhstan, Kyrgyz Republic, Poland, Serbia, Switzerland, Tajikistan, Turkmenistan, Uzbekistan Mr. Werner Gruber, visited Astana to discuss with the Government the progress made during the 25-year partnership, as well [...]
Investment in Kazakh agriculture increased 50 percent in 2016 totalling 228 billion tenge (US$686.96 million) compared to 148 billion tenge (US$445.92 million) a year earlier.
According to General Manager of Assets of the Inspection Department at KazAgroFinance Tuleugazy Seisenov, the state constantly allocates significant funds to support agriculture. The government subsidises projects, provides preferential loans [...]
The Netherlands, the Great Britain and the US are the biggest investors in Kazakhstan’s economy, Finprom.kz analytical service reported.
Kazakhstan owes 28.2 percent of its gross debt to the Netherlands. In January-September 2016, the Netherlands increased the loans to Kazakhstan by 7.5 percent to $46.6 billion. As much as $44.8 billion (96.3 percent) of this [...]
Kazakhstan took 119th place in the annual ranking of the cost of living in different countries of the world prepared by Numbeo international information portal. The nation moved 57 positions from last year, as it was ranked 62nd in 2015.
The study involved 122 countries. The top 10 nations with the most affordable accommodations are [...]
- Justice Ministry amends administrative code to humanise laws
- Improving Climate for Investors Top Priority, Kazakh Official Says
- Kazakhstan ranks among the world’s top 50 economically free countries
- US Embassy in Kazakhstan to represent Washington at Astana talks on Syria
- 105,000 jobs created as part of Nurly Zhol program in Kazakhstan in 2016