Economy

20.01.2023 14:07

Economic growth in CA lags 3fold behind demographic growth

ASTANA. KAZINFORM «The population of Central Asia makes about 1% of the global population, and its aggregate economy accounts just for 0.3%,» director of Kazakhstani Institute for Strategic Research under the President of Kazakhstan Yerkin Tukumov said at today’s meeting themed «Central Asia -2023: a vision of future».

17.01.2023 13:49

Astana Financial Services Authority summarises 2022 results

ASTANA. KAZINFORM 2022 has been a productive year in the Astana Financial Services Authority’s (AFSA’s) work, which was reflected in the following:

16.01.2023 15:13

EBRD helps develop markets in Kazakhstan

ASTANA. KAZINFORM - Businesses in Kazakhstan will able to better hedge their currency exchange and interest-rate-related risks thanks to a new regulatory framework developed with the help of the European Bank for Reconstruction and Development (EBRD), ebrd.com reports.

16.01.2023 11:42

Economic cooperation between Kazakhstan and UAE

ASTANA. KAZINFORM The United Arab Emirates (UAE) is one of Kazakhstan's important partners in the Middle East. There is a number of intergovernmental agreements in place aimed at deepening trade and economic cooperation, promoting and protecting mutual investments, the press service of the KAZAKH INVEST reports.

12.01.2023 12:55

Ministry of Trade and Integration announces results of its activity in 2022

ASTANA. KAZINFORM The Ministry of Trade and Integration has announced the results of its activity in 2022 at an extended board meeting chaired by Prime Minister Alikhan Smailov, Kazinform reports.

11.01.2023 11:25

Rising food prices contributing to inflation – National Bank

ASTANA. KAZINFORM Inflation accelerated in Kazakhstan in 2022 having reached 20.3% in a per year terms, Governor of the National Bank Galymzhan Pirmatov said at the Government’s weekly sitting today, Kazinform reports.

06.01.2023 17:14

7-20-25 mortgage program: Over 65,000 loans issued

ASTANA. KAZINFORM As of January 5 some 65,554 loans worth KZT 873.6 bln were granted in Kazakhstan as part of the 7-20-25 mortgage program, Kazinform reports.

01.12.2022 16:52

Kazakhstan attends Central Asian Investment Forum in Japan

ASTANA. KAZINFORM The Kazakh delegation led by the Deputy PM-Finance Minister Yerulan Zhamaubayev takes part in the Central Asian Investment Forum in Japan at the invitation of the European Bank for Reconstruction and Development, the PM’s press service reports.

29.11.2022 17:56

Kazakhstan-France sales for 9 months hit USD 2.5 bln

ASTANA. KAZINFORM The sales between Kazakhstan and France for the past nine months reached USD 2.5 bln against USD 2.3 bln recorded in the same period of the previous year, the Telegram Channel of the National Economy Ministry informs.

28.11.2022 21:17

Russia keeps the leads in import deliveries to Kazakhstan

ORENBURG. KAZINFORM «Over the past nine months the commodity turnover between Russia and Kazakhstan reached USD 18.4 bln,» Kazakh Deputy PM-Trade and Integration Minister Serik Zhumangarin said taking the floor at the Interregional Cooperation Forum.

28.11.2022 18:37

China-Belarus park Great Stone, Kazakhstan's logistic operator sign cooperation document

MINSK. KAZINFORM During a visit to Almaty of a delegation of the China-Belarus Industrial Park Great Stone, a memorandum of cooperation was signed between the Industrial Park Development Company and the first private industrial logistic zone of Kazakhstan DAMU, BelTA learned from the press service of the China-Belarus Industrial Park Great Stone.

23.11.2022 11:56

Investments in transport and logistics exceed 1trln tenge in 2022

ASTANA. KAZINFORM 1.1trln tenge was invested in Kazakhstan’s transportation and warehousing sector in January-October 2022, which is 11.6% more in monetary terms, compared to the same period in 2021 (8.5% of real growth), Kazinform learned from finprom.kz.

22.11.2022 10:00

Kazakhstani exports hit record high this Jan-Sep

ASTANA. KAZINFORM Total trade of Kazakhstan for January -September 2022 reached USD 98.4 bln which is 35% more as compared to last September-January, the Kazakh National Economy Ministry’s press service reports.

22.11.2022 09:09

Total trade between Kazakhstan and the UK increased by 63.3%

LONDON. KAZINFORM Total trade in goods and services (exports plus imports) between the UK and Kazakhstan was £2.3 billion in the four quarters to the end of Q2 2022, an increase of 63.3% or £896 million from the four quarters to the end of Q2 2021, the official website of the Department for International Trade reads.

19.11.2022 12:48

Halyk Bank leaves Tajik market

DUSHANBE. KAZINFORM Halyk Bank has entered into an agreement on sale of 100 per cent of stake in its subsidiary in Tajikistan, Kazinform learned from the press service of CJSC Halyk Bank Tajikistan.

15.11.2022 11:37

Over 11mln sq m of housing commissioned in Kazakhstan in 2022

ASTANA. KAZINFORM 11.7mln square meters of housing have been commissioned in Kazakhstan this year, which is 1.1% more compared to the same period in 2021. Minister of National Economy Alibek Kuantyrov said it at the Government’s weekly sitting today, Kazinform reports.

15.11.2022 10:45

Kazakhstan observes 2.5% economic growth in 2022 – Minister

ASTANA. KAZINFORM Minister of National Economy Alibek Kuantyrov announced the main indicators of the country’s economic growth since January 2022, Kazinform reports.

10.11.2022 15:42

Kazatomprom CEO meets with Nuclear Fuel Complex of India reps

ASTANA. KAZINFORM Yerzhan Mukanov, Kazatomprom’s Chief Executive Officer and Chair of the Management Board, held a meeting at the Company’s HQ in Astana with the representatives of the Nuclear Fuel Complex of India - Dr. Dinesh Srivastava, the Distinguished Scientist, Chairman & Chief Executive, and Mr. Debabrata Pramanik, the Distinguished Scientist & Additional Chief Executive (Fuel), the press service of «Kazatomprom» National Atomic Company informs.

08.11.2022 18:46

AIFC agrees on cooperation on legal initiatives with UK Ministry of Justice and UK Bar Council

ASTANA. KAZINFORM On 21st October, the representatives of the AIFC Authority headed by Mr Nurzhan Kosbayev, Deputy Chairman of the Management Board of the AIFC Authority had a series of working meetings with the representatives of the UK Ministry of Justice and the UK Bar Council.

04.11.2022 22:24

AIFC holds National Workshop on Data Policy 2022

ASTANA. KAZINFORM The National Data Policy Workshop was held at the AIFC. It was co-organized by the Department of Economic and Social Affairs of the United Nations (UN DESA), the Ministry of Digital Development, Innovation and Aerospace Industry of the Republic of Kazakhstan (MDDIAI) and the Tech Hub of the Astana International Financial Centre.