Kazakhstan Business and Economy Roundup - June 24, 2008

business and economy

Kazakhstan Business and Economy Roundup - June 24, 2008

By SRI ⋅ June 24, 2008 ⋅

Kazakh state pays less than promised
(Bloomberg - St. Petersburg Times) - The Kazakh government has spent 51 billion tenge ($417 million) to complete stalled residential construction projects, a fraction of bailouts promised by the prime minister last year.

Kazakhstan fixes its tax code
(Kommersant) - The government of Kazakhstan has presented a concept for a new tax code. The country plans to ease the tax burden on business, compensating for it by sharply increasing taxes on mineral users, except for the two dozen largest of them, mainly those at the Tengiz, Kashagan and Karachanak fields.

Kazakh-German working group on trade and economic coop holds its VI session in Berlin (Kazinform)

Presentation of initiative Kazakhstan and USA public-private economic partnership to be held in Astana (Kazakhstan Today)

Rixos opens 2nd hotel in Kazakhstan (Focus on Travel)

National Bank of Kazakhstan: Exchange rates June 24, 2008 (Kazinform)

Indicators - June 23, 2008
(Reuters) - Kazakhstan’s economic indicators based on data provided by the State Statistics Agency, government institutions, the central bank and exchanges.