Traditions of the Kyrgyz people were being formed with the help of economic, trade, domestic and other relations with kindred and other tribes that were closely related to the geography of their ha...

After the coup of 19 March 1953 in the socio-political history of Iran there were fundamental changes: the powers of parliament were limited and the absolute power of Mohammad Reza Shah Pahlavi was...

In the Middle East, Saudi Arabia and the Islamic Republic of Iran are two countries that claim to leadership in the region. With a powerful resources and political potential these countries are the...

Kazakhstan

29.04.2017

Kazakhstan plans to form a single public health service, which will focus on the prevention of diseases rather than their treatment. Minister of Health of the Republic Yelzhan Birtanov made this statement during the recent regular meeting of the government. In his words, up to 98 percent of deaths and morbidity in Kazakhstan, as well as in most countries of the world, account for non-communicable chronic diseases. The expenditures on their treatment amount to about 95-96 percent of all the healthcare expenditures.

 

28.04.2017

Kazakhstan is successfully developing economic cooperation with China, as evidenced by the establishment of the Union of Chinese Entrepreneurs in Almaty. As reported by the Chinese News Agency Xinhua, the main purpose of the new association is to promote the further development of trade and economic ties between business representatives of the two countries. According to the participants of the first association of Chinese entrepreneurs, they intend to “bring the cooperation between China and Kazakhstan to a new level.”

 

27.04.2017

On April 25, the Kazakh government approved a package of amendments to the current national legislation made in connection with the changes to the Constitution. Among other things, there was unanimously adopted the draft law stipulating the procedure for the deprivation of citizenship as an additional form of criminal punishment. Minister of Justice of the Republic Marat Beketayev reported this news in an interview with the media.

26.04.2017

In Kazakhstan, the potential difficulties related to refinancing debts with approaching maturity and the high currency risks are the key risks for most of the country's listed energy companies in the current difficult market conditions. The experts of the international rating agency Fitch Ratings expressed this opinion. According to them, the energy companies are subject to liquidity reduction risks due to the negative free cash flow, higher leverage and more limited access to capital markets in comparison with companies in Russia and Eastern Europe.

 

26.04.2017

In Q1 2017, Kazakhstan decreased the volume of cash in circulation by 5.9 percent, bringing it to one trillion 645 billion tenge. The press service of the National Bank of the country reported this information on April 24. Since the beginning of 2017, the monetary aggregate M1 (cash and liquid deposits in the national currency) increased by 7.1 percent, reaching 4 trillion 927 billion tenge. In addition, the M2 indicator (cash, all deposits in the national currency and liquid deposits in foreign currency) increased by 1.1 percent to 12 trillion 726 billion tenge.

 

26.04.2017

Before the end of 2017, the Ministry of Defense of Kazakhstan will install five divisions of S-300 anti-aircraft missile systems for combat duty. The republic received them from the Russian Federation. Defense Minister Saken Zhasuzakov reported this information while delivering a speech during the government hour at the lower house of the parliament. In his words, this will be done in order to fulfill the tasks of the country's air defense.

 

25.04.2017

Before the end of 2017, the State Corporation Roskosmos plans to install two ground stations of the GLONASS system in the Kazakh cities of Astana and Kyzylorda. Mikhail Kirillov, Deputy Head of the International Cooperation Department of the Russian Corporation, announced the news during the Yalta International Economic Forum's section “International Cooperation in Space and Space Studies.” In his words, this will happen in accordance with the 2008 intergovernmental agreement.

 

24.04.2017

In the near future, an international competition will be organized in Astana for projects aimed at development of new metropolitan areas intended for a total of two million inhabitants. Astana Mayor Asset Issekeshev announced this news during a conference on the issues related to the specialized exhibition “EXPO-2017.” In his words, this event will be based on the experience of other cities, such as London, Copenhagen and Dubai.

 

22.04.2017

The National Resort Association of Kazakhstan and the Medical Center under the Presidential Affairs Administration intend to draw up a unified concept for development of the country's sanatorium and resort industry. At present, Kazakhstan has over 200 sanatoria; however, they lack a full-fledged legal and regulatory framework, while the order of rendering sanatorium services is not classified in any way. According to experts of the Association, all this hinders the development of the industry, as well as the attraction of investments.

 

22.04.2017

In Q1 2017, the volume of retail trade in Kazakhstan amounted to KZT1.76 trillion, which exceeds the Q1 2016 indicator by 5.5 percent. This information is available on the official website of the Committee on Statistics under the Ministry of National Economy of the Republic, where the report for January-March 2017 was published recently. “During the first three months of this year, trading enterprises of the republic achieved the volume of sales of goods amounting to KZT1.03 trillion, or 14.6 percent more than during the same period of 2016,” the report says.