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Kazakhstan Stock market

Posted by on January 17, 2015 – 08:24 am

Kazakhstan Stock market

The building of Kazakhstan Stock Exchange The Kazakhstan Stock Exchange is a stock exchange located in Almaty, Kazakhstan. The exchange was founded in 1993. History [edit] On November 15, 1993, Kazakhstan introduced its own currency, the tenge. The next day, November 17, 1993, the National Bank of Kazakhstan and 23 local leading commercial banks took a decision to found a currency exchange. The previously existing Center for execution of inter-bank currency transactions (Currency exchange) used to be a structural unit of Kazakhstan s National Bank…

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Current economy of Kazakhstan

Posted by on June 1, 2015 – 03:34 pm

Current economy of Kazakhstan

An IMF mission, led by Hossein Samiei, visited Almaty and Astana during May 13-26 to conduct the 2015 Article IV consultations. The mission met with government and central bank officials, and representatives of the private sector and civil society. In view of large and likely long-lasting external shocks, discussions centered on the policy response, including (i) the implications of the fiscal stimulus for medium-term sustainability and (ii) overhauling the monetary and exchange rate policy framework. The mission thanks the authorities and other…

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Kazakhstan economy News

Posted by on November 13, 2015 – 03:41 pm

Kazakhstan economy News

MANILA, PHILIPPINES – The Asian Development Bank (ADB) has approved a $1 billion loan to help Kazakhstan continue government programs to strengthen the economy in the face of recent challenges. “This loan from ADB’s Countercyclical Support Facility will give the country the fiscal leeway it needs to mitigate the unanticipated and significant negative impacts of the steep decline in world oil prices and the economic slowdown of the neighboring countries, ” said Lotte Schou-Zibell, Principal Economist in the Central and West Asia Department. “It will…

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