Kazakhstan’s foreign reserves increase by 3.6% in July – central bank
(SRI) – Kazakhstan’s total foreign reserves (including the National Fund) rose by 3.6% to $75.15 billion in July, the National Bank reported last Friday.
Kazakhstan’s foreign reserves decline by 1.9% in June – central bank
(SRI) – Kazakhstan’s total foreign reserves (including the National Fund) decreased by 1.9% to $72.21 billion in June, the National Bank reported this week.
ANALYSIS: Astana Economic Forum focuses on home truths
(bne) – The “Astana Economic Forum” has usually focused on global economics, but this year Kazakhstan’s president and prime minister both used the event on May 3-4 to declare they would make social policy and equality of opportunity priorities following the April 2011 presidential elections.
ANALYSIS: New focus on “people’s IPO” following election
(bne) – With Kazakhstan’s presidential elections out of the way, the focus in Astana is on the “People’s IPOs”. Plans to sell minority stakes in various state-owned enterprises are a little behind schedule, but due to take place by the end of the year.
Kazakhstan’s foreign reserves jump 6.9% in January
(SRI) – Kazakhstan’s foreign reserves (including the National Fund) increased by 6.9% to $62.04 billion in January, the National Bank reported.
ANALYSIS: Eurasia: Slower rising commodity prices to determine 2011
(bne) – The strong rise in commodity prices in 2010 allowed the Eurasia region’s hydrocarbon-rich states to emerge from the global economic slowdown. A slight slowdown in growth is forecast for 2011.
Kazakhstan’s foreign reserves decrease 0.6% in November
(SRI) – Kazakhstan’s foreign reserves (including the National Fund) decreased by 0.6% to $57.5 billion in November, the National Bank reported.
Kazakh Finance Minister looks for private cash for public projects
(bne) – The Kazakh government aims to attract private sector funding for its multi-billion-dollar industrialisation program, which spans sectors from agriculture to metallurgy, according to Finance Minister Bolat Zhamishev.
Kazakhstan’s foreign reserves rise 1.0% in August
(SRI) – Kazakhstan’s foreign reserves (including the National Fund) increased by 1.0% to $54.77 billion in August, the National Bank reported.
ANALYSIS: Kazakhstan first in, first out of crisis
(bne) – Predictions that Kazakhstan would be first in, first out of the crisis have proved to be not far from the truth. The rise in commodity prices over the last year has boosted the natural resources sector, which has in turn dragged the rest of the economy, including the banking sector, along with it.
