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Kazakhstan

19.06.2017

During the recent Astana Economic Forum held in the capital of Kazakhstan, its participants discussed such key topics as sustainable economic growth, global infrastructure and trade, green economy and innovations. Within two days of the forum's work (June 15-16), discussions were held regarding the current trends in the development of the world economy and the strengthening of global cooperation.

18.06.2017

In July 2017, the Shymkent oil refinery (Kazakhstan) will start producing high-octane grades of gasoline. The press service of the leadership of South-Kazakhstan Province reported the news on June 14. According to the report, the Shymkent refinery will soon complete the first stage of modernization and reconstruction of the enterprise. In particular, this stage included building and commissioning an isomerization unit for light gasoline fractions, and equipping it with a preliminary hydrotreating unit for hydrocarbon feedstock.

 

18.06.2017

The government of Kazakhstan and the World Bank have a common view on the state of the republic's economy and the prospects for its development. Prime Minister of the Republic Bakytzhan Sagintayev made such a statement on June 15, while delivering a speech at the plenary session of the Astana Economic Forum.

 

18.06.2017

The law “On Amendments and Additions to Some Constitutional Laws of Kazakhstan” was signed by the President of the Republic Nursultan Nazarbayev. The press service of the head of state reported the news on June 15. The purpose of this document is to bring the current constitutional laws into line with the amendments to the Constitution. In particular, the law “On Elections” will introduce additional requirements to candidates for the post of the country's president.

17.06.2017

As of today, Kazakhstan needs additional medical facilities and other specialized institutions designed for the compulsory treatment of alcoholics. Minister of Internal Affairs Kalmukhanbet Kasymov expressed this opinion during his meeting with the population on June 14. In addition, he noted that almost every seventh crime committed in the republic, almost 50 percent of all murders and over 60 percent of all family and domestic crimes are committed in a state of intoxication.

 

17.06.2017

The organization of the World Expo EXPO 2017 has cost Kazakhstan about $1.3 billion, of which $793 million was spent on the implementation of related investment projects. A number of local publications reported the news on June 14, referring to the preliminary calculations provided by the head of the national company “Astana Expo 2017” Akhmetzhan Yesimov. In accordance with them, the cost of organizing the exhibition amounted to KZT400 billion, which equals to the above sum at the current exchange rate.

16.06.2017

Kazakhstan has ratified the amendments to the Agreement on the specifics of the legal regulation of the activities of railway transport organizations, institutions and enterprises, which was concluded by the governments of Kazakhstan and Russia on October 18, 1996. According to the presidential press service, Nursultan Nazarbayev has signed the relevant decree. The ratification of this document will enable residents of the border regions of Kazakhstan to travel through Russia without any border control.

 

15.06.2017

The Minister of Labor and Social Protection of the Population of Kazakhstan, Tamara Duisenova, has proposed to introduce the executive instructions on the facts of non-payment of salaries, which will speed up the procedure for collection of debts. This happened during the government meeting on June 13. She appealed to the Ministry of Justice with a request to consider the inclusion of the executive instructions for labor inspectors regarding the facts of non-payment of wages.

 

14.06.2017

In January-May 2017, Kazakhstan demonstrated a GDP growth rate of 4.1 percent. Minister of National Economy Timur Suleimenov reported this information on June 13, while delivering a speech at the government meeting. “The statistical information for the five months of 2017 has been released. The dynamics of the GDP growth rate has been quite positive. In particular, the growth was 4.1 percent as compared to the same period of 2016,” the minister said. In his words, the production industry demonstrated the most dynamic growth rate (7.8 percent) during the reporting period.

14.06.2017

Russia and Kazakhstan will accelerate joint work at the Baikonur cosmodrome to create a new rocket and space complex “Baiterek.” According to the press service of the state corporation “Roskosmos,” this decision was taken on the results of the fifth meeting of the intergovernmental Russian-Kazakh commission on the Baikonur space complex.