Economy ≡ Today’s latest news in category Economy

Samruk Kazyna sells 6.28% of Kazatomprom shares

NUR-SULTAN. KAZINFORM «Samruk Kazyna Fund considered an opportunity to sell 6.28% more shares of Kazatomprom Company,» co-managing director for development of assets and privatization of Samruk Kazyna National Welfare Fund JSC Yerzhan Tutkushev told an online briefing at Samruk Akparat information platform.

Economy > Economy

03.06.2020 17:12

EBRD provides $4 mln loan to Caspian Beverage Holding in Kazakhstan

NUR-SULTAN. KAZINFORM - Consumers in Kazakhstan will enjoy greater variety and wider availability of beverages offered by the popular local producer Caspian Beverage Holding (CBH) following the enlargement of its distribution network with support from the European Bank for Reconstruction and Development (EBRD).

Economy > Economy

03.06.2020 11:16

Italy's GDP may fall as much as 13% this year - Bank of Italy

ROME. KAZINFORM Italy's GDP may fall by as much as 13% in a worst-case scenario this year, Bank of Italy Governor Ignazio Visco said Friday. That scenario would see a «very slow» recovery from the coronavirus pandemic next year, he said.

Economy > Economy

31.05.2020 11:39

CIS urged to join forces to minimize impact of pandemic on economy

MINSK. KAZINFORM The CIS countries need to work together to minimize the impact of the pandemic on the economy, Belarus Prime Minister Sergei Rumas said during the video conference of the CIS Council of Heads of Government, BelTA has learned.

Economy > Economy

29.05.2020 21:51

AIFC: the Centre’s budget for 2020 has not changed and amounts to 13.1 billion tenge

NUR-SULTAN. KAZINFORM The budget of the Astana International Financial Centre for 2020 remains unchanged. Earlier, the AIFC budget amounted to 20 billion tenge, but since 2020 it has been decreasing: first 13.1 billion, for 2021 - 12.5 billion, for 2022 - 10.5 billion.

Economy > Economy

28.05.2020 17:26

Italy to get 172.7 bn under EU Recovery Fund plan – sources

BRUSSELS. KAZINFORM Italy is to get 172.7 billion euros of the 750-billion-euro EU Recovery Fund for the coronavirus emergency, if the European Commission's plan is approved, well-informed sources told ANSA Wednesday.

Economy > Economy

27.05.2020 19:29

CIS universities to hold video conference to discuss COVID-19 impact on national economies

MINSK. KAZINFORM CIS universities will hold an international video conference to discuss the impact of the COVID-19 pandemic on the national economies of the CIS countries on 26 May, BelTA learned from the organizers.

Economy > Economy

22.05.2020 16:19

118,000 Kazakhstanis obtain employment under Yenbek program

NUR-SULTAN. KAZINFORM As of May 1, 2020, some 157,500 participated in the 2017-2021 Yenbek program, productive employment and mass entrepreneurship development state program.

Economy > Economy

22.05.2020 12:30

About 30,000 Kazakhstanis employed in May

NUR-SULTAN. KAZINFORM 28,500 people got hired in Kazakhstan since May under the Yenbek state program. 14,800 received job under the Employment Roadmap, the human resources development centre reports.

Economy > Economy

20.05.2020 12:40

Development of LegalTech established at AIFC

NUR-SULTAN. KAZINFORM The first meeting of the AIFC Advisory Council on the Development of LegalTech (AIFC LawTech Advisory Council) with the participation of the AIFC Governor was held at the Astana International Financial Centrе (AIFC), Kazinform reports.

Economy > Economy

15.05.2020 11:35

DG Azevêdo announces he will step down on 31 August

GENEVA. KAZINFORM At a virtual meeting of all WTO members on 14 May, WTO Director-General Roberto Azevêdo announced that he would step down on 31 August, cutting his second term short by exactly one year.

Economy > Economy

15.05.2020 09:39

Almost 8 in 100 Italians in absolute poverty - ISTAT

ROME. KAZINFORM Almost eight out of 100 Italians, or 6.5% of households and 7.8% of individuals, lived in absolute poverty in 2019, down from 7.8% and 8.4% in 2018, ISTAT said Thursday.

Economy > Economy

15.05.2020 08:16

EBRD may support Kazakhstan in improving energy efficiency

NUR-SULTAN. KAZINFORM - European Bank for Reconstruction and Development (EBRD) may provide two senior loans to subsidiaries of KazTransGas JSC, which is Kazakhstan’s national gas operator, Trend.az reports.

Economy > Economy

14.05.2020 12:46

WB in Kazakhstan develops 2 projects each worth USD 500 mln

ALMATY. KAZINFORM The World Bank in Kazakhstan briefed on its projects in Kazakhstan, Kazinform reports.

Economy > Economy

14.05.2020 12:08

India announced $266 billion stimulus

NEW DELHI. KAZINFORM In an effort to counter the economic fallout of the COVID-19 pandemic, Indian Prime Minister Narendra Modi announced a massive stimulus package of rupees 20 trillion (about US$ 266 billion) in a televised address to his nation tonight.

Economy > Economy

13.05.2020 09:22

Kazakhstan’s GDP fell by 0.2%, Economy Minister

NUR-SULTAN. KAZINFORM Kazakh National Economy Minister Ruslan Dalenov told about the results of the country’s socioeconomic development for January-April this year.

Economy > Economy

12.05.2020 09:30

Subsistence rate increased by 14% in Kazakhstan

NUR-SULTAN. KAZINFORM - The subsistence rate grew by 3% per month, and by almost 14% - per year. Moreover, the monthly inflation rate was 1%, annual - 6%, Kazinform reports with the reference to finprom.kz.

Economy > Economy

04.05.2020 16:25

Caravanserai, solar power stations to be built in Turkestan rgn

TURKESTAN. KAZINFORM - At the end of 2019, Turkestan region, with an indicator of 138.5% compared to the previous year, took 2nd place among the regions of Kazakhstan in terms of attracting investments. In total, over the past year, KZT441 billion of investments were directed to the economy of the region, Kazinform reports with the reference to the press service of the regional Akimat.

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30.04.2020 09:12

Kazakhstan increases import of leather goods from Turkey

BAKU. KAZINFORM Export of leather goods from Turkey to Kazakhstan increased by 12.09 percent from January through March 2020 compared to the same period of 2019, exceeding $7.7 million, Turkey’s Ministry of Trade told Trend.

Economy > Economy

29.04.2020 18:40

Trade Minister proposed to establish wholesale distribution centers

NUR-SULTAN. KAZINFORM - The Minister of Trade and Integration of the Republic of Kazakhstan, Bakhyt Sultanov, has proposed to create a national commodity distribution network, Kazinform correspondent reports.

Economy > Economy

28.04.2020 10:44

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