Finance and Investment

22.05.2019

State debt of Kazakhstan amounts to more than 15 trillion tenge

Compared to 2017, the national debt of Kazakhstan grew by almost 25.8% of GDP and exceeded 15 trillion tenge. This was reported by the Minister of Finance Alikhan Smailov in the Senate during the presentation of the government report on the implementation of the state budget for 2018.

“The main reason...

Compared to 2017, the national debt of Kazakhstan grew by almost 25.8% of GDP and exceeded 15 trillion tenge. This was reported by the Minister of Finance Alikhan Smailov in the Senate during the presentation of the government report on the implementation of the state budget for 2018.

“The main reason...

22.05.2019

Turnover of Kazakhstan’s SMEs in 2018 reaches a record 26.5 trillion tenge

As of the end of April 2019, the number of operating small and medium-sized businesses amounted to 1.3 million, with an increase by 11% compared with 2018, when 1.2 million SMEs operated in the country, with an increase by 2.2% on-year.

The volume of output by SMEs in January – December...

As of the end of April 2019, the number of operating small and medium-sized businesses amounted to 1.3 million, with an increase by 11% compared with 2018, when 1.2 million SMEs operated in the country, with an increase by 2.2% on-year.

The volume of output by SMEs in January – December...

22.05.2019

Kazakhstan proposes to strengthen the role of investment ombudsman

Kazakhstan proposes raising the status of investment ombudsman decisions. As reported in the concept of the draft law “On introducing changes and amendments to some legislative acts on taxation issues”, the government conducted a comprehensive study of the effectiveness of the investment ombudsman, policies and institutional mechanisms for the protection...

Kazakhstan proposes raising the status of investment ombudsman decisions. As reported in the concept of the draft law “On introducing changes and amendments to some legislative acts on taxation issues”, the government conducted a comprehensive study of the effectiveness of the investment ombudsman, policies and institutional mechanisms for the protection...

22.05.2019

Kazakhstan plans to create 4 new FEZs

The budget expenditures for the construction of infrastructure of all FEZs amounted to 314.3 billion tenge, while the volume of attracted investments amounted to about 910 billion tenge. That is, 1 budget tenge invested in the infrastructure of the FEZ allowed to attract 2.8 tenge of private investment. This was...

The budget expenditures for the construction of infrastructure of all FEZs amounted to 314.3 billion tenge, while the volume of attracted investments amounted to about 910 billion tenge. That is, 1 budget tenge invested in the infrastructure of the FEZ allowed to attract 2.8 tenge of private investment. This was...

22.05.2019

Loans to individuals account for over 40% of all bank loans

The state of the banking sector in Kazakhstan remains weakened, Chairman of the Accounts Committee for Control over the Execution of the Republican Budget Natalya Godunova said in the Senate during the presentation of the government’s report on the implementation of the state budget for 2018.

“After two years of stagnation...

The state of the banking sector in Kazakhstan remains weakened, Chairman of the Accounts Committee for Control over the Execution of the Republican Budget Natalya Godunova said in the Senate during the presentation of the government’s report on the implementation of the state budget for 2018.

“After two years of stagnation...


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