Kazakhstan’s central bank has a range of options besides changing its key interest rate as it looks to fine-tune monetary policy after markets stabilized and inflation came in below expectations, according to Governor Daniyar Akishev.
DUBAI, United Arab Emirates — Sterling and Wilson, World’s leading solar EPC company, has announced its plans to enter Kazakhstan. The company is targeting EPC for Solar PV projects of capacity 200 MW in Kazakhstan till 2020. The country is expected to receive bids for 180 MW of Solar PV in the month of October. This is part of the series of tenders announced by Kazakhstan government in the beginning of the year.
Astana has traditionally stuck to a multi-vector foreign policy predicated on the idea of maintaining good relationships with partners big and small, close and remote. Indeed, President Nursultan Nazarbayev’s official visit to Washington, DC, in January 2018, was meant to establish a direct connection at the highest level to the Trump administration. Nevertheless, this balanced foreign policy orientation has not been sufficient to safeguard Kazakhstan from dangerous economic exposure to Western sanctions against Russia. And now, the US Congress is considering adopting several new, even more punitive anti-Russian sanctions bills. In particular, the Defending American Security from Kremlin Aggression Act (DASKAA)—dubbed a “bill from hell”—could complicate the situation for Kazakhstan further (Zn.ua, September 3; Kp.ru, January 17).
ASTANA. KAZINFORM In 2018, Kazakhstan will host two major events within the UN. Head of State Nursultan Nazarbayev has said it today at the ceremony of receiving credentials from the ambassadors of several foreign countries in Astana.
ASTANA. KAZINFORM President of Serbia Aleksandar Vučić will pay an official visit to Kazakhstan on October 8-10 on the invitation of President of Kazakhstan Nursultan Nazarbayev, the Kazakh MFA's official spokesperson Aibek Smadiyarov told a briefing.
KOKSHETAU. KAZINFORM - Marat Igaliyev, deputy governor of Akmola region, says the fact that President Nursultan Nazarbayev paid utmost attention to the development of domestic tourism is of paramount importance for the region.
Kazakhstan President Nursultan Nazarbayev tasked his government to improve the living standards of the people of Kazakhstan, he outlined six priorities that will help assess effectiveness and compliance with the actual positions government officials hold, he said in his 5 October address.
Kazakhstan is an “overlooked powerhouse”, as billions more pounds of British investment predicted to enter market
Kazakhstan is an “overlooked powerhouse” and one of the world’s next big investment destinations. This was the message delivered to the more than 200 business leaders who attended the Kazakhstan Global Investment Forum, which took place in London on 2nd October.
New codes regarding the subsoil use and taxes will stimulate investments in the oil and gas industry of Kazakhstan, effectively regulate the level of tax burden on subsoil users and intensify the development of new fields on the Caspian Sea shelf.
A meeting of the World Petroleum Council will be held in Astana on October 1-3, "Kazakhstan today" reported October 1 referring to the Head of the Press Service of the Ministry of Foreign Affairs of Kazakhstan Aibek Smadiyarov.