Economy

Growth in spite of crisis: Central Asia is preparing for economic breakthrough
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Growth in spite of crisis: Central Asia is preparing for economic breakthrough

International Monetary Fund (IMF) has published a new forecast of the growth of world economy and individual geographic regions. Central Asia, in general, looks more than promising. The average index of economic growth of the countries in the region, for this and the following years, is at a higher level than the world’s total.

ADB Signs Deal to Enhance Operations of Kazakhstan's Samruk-Energy
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ADB Signs Deal to Enhance Operations of Kazakhstan's Samruk-Energy

The FINANCIAL -- The Asian Development Bank (ADB) has signed loan agreements for loans equivalent to $80 million in Kazakhstani tenge with Samruk-Energy, Kazakhstan’s largest power generation company, to help increase its balance sheet flexibility by reducing foreign exchange risk, enhance its operational efficiency, and identify a renewable energy pipeline for the company.