Finance and Investment

27.01.2020

Average per capita incomes of Kazakhstan grow by 5.4% on-year

In the third quarter of 2019, the average per capita nominal cash income of the population of Kazakhstan amounted to 105.3 thousand tenge, with an increase by 11.1% compared to the corresponding quarter of 2018. Given the inflation of 5.7%, cash incomes of the population in real terms increased by...

In the third quarter of 2019, the average per capita nominal cash income of the population of Kazakhstan amounted to 105.3 thousand tenge, with an increase by 11.1% compared to the corresponding quarter of 2018. Given the inflation of 5.7%, cash incomes of the population in real terms increased by...

27.01.2020

Average monthly value of transfers in 2019 amounts to less than 4 billion tenge

The value of transfers in Kazakhstan through international money transfer systems decreased over the year by 39.9% and in January-November 2019 amounted to 40.9 billion tenge. The number of transactions decreased by only 17.6%, to 226.2 thousand.

As a result, the average check of one transfer within the country amounted to...

The value of transfers in Kazakhstan through international money transfer systems decreased over the year by 39.9% and in January-November 2019 amounted to 40.9 billion tenge. The number of transactions decreased by only 17.6%, to 226.2 thousand.

As a result, the average check of one transfer within the country amounted to...

27.01.2020

Kazakhstan proposes to reduce the number of state programs

In Kazakhstan, it is necessary to reduce the number of government programs. This opinion was expressed by an analyst with VTB Capital. During a press breakfast in Almaty, Petr Grishin, head of the VTB Capital macroeconomic analysis department, noted that a huge number of state programs complicate the life of...

In Kazakhstan, it is necessary to reduce the number of government programs. This opinion was expressed by an analyst with VTB Capital. During a press breakfast in Almaty, Petr Grishin, head of the VTB Capital macroeconomic analysis department, noted that a huge number of state programs complicate the life of...

27.01.2020

Kazakh banks may be left without state aid

President Kassym-Zhomart Tokaev proposed abandoning the practice of using budget funds to support the banking sector. During an extended government meeting, he noted that assistance should be provided on a market basis.

“The issue of supporting the banking sector should be considered without the use of budgetary funds. The National Bank...

President Kassym-Zhomart Tokaev proposed abandoning the practice of using budget funds to support the banking sector. During an extended government meeting, he noted that assistance should be provided on a market basis.

“The issue of supporting the banking sector should be considered without the use of budgetary funds. The National Bank...

27.01.2020

Almaty attracts 820 billion tenge of investments in 2019

The Almaty Administration talked about the main economic indicators for 2019. In 2019, Almaty's gross regional product per capita grew by 4.8%. Investments in fixed assets grew by 8.5%.

In general, the results of the year showed a positive trend in all sectors of the city's economy. Industry grew by 4.5%,...

The Almaty Administration talked about the main economic indicators for 2019. In 2019, Almaty's gross regional product per capita grew by 4.8%. Investments in fixed assets grew by 8.5%.

In general, the results of the year showed a positive trend in all sectors of the city's economy. Industry grew by 4.5%,...


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