Viewing results 1 - 6 of 65
BISHKEK (TCA) — Without ensuring lower inflation, securing trust for the national currencies, decreasing dollarization, and devising responsible fiscal policies, any further efforts to coordinate monetary policies in the Eurasian Economic Union (EEU) will be inefficient, a new study says. Continue reading
ASTANA (TCA) — The average monthly salary in Kazakhstan increased by 15.6% year on year to KZT 143,600 in the 2nd quarter of 2016, while prices of goods and services increased by 16.8% with food prices increasing by 27.4%, Ranking.kz reports. Continue reading
ASTANA (TCA) — Taking into account the situation in the world economy and international commodity markets, and the results of Kazakhstan's economy since the beginning of this year, the Ministry of National Economy has updated its forecast of the country’s macroeconomic indicators for 2016, the official website of the Prime Minister of Kazakhstan reported. Continue reading
BISHKEK (TCA) — Continued soft commodity prices and the recession in Russia have further dampened the growth outlook for Central Asia, with the earlier 2016 forecast of 2.1% trimmed to 1.7%, and 2017 cut to 2.7% from 2.8%. The slump in revenues from hydrocarbon exports are affecting fiscal consolidation efforts in Azerbaijan, Kazakhstan, Turkmenistan and Uzbekistan, while lower remittances, particularly from Russia, continue to hurt domestic consumption in the Central Asia region, says a new Asian Development Bank (ADB) report. Continue reading
ASTANA (TCA) — Kazakhstan President Nursultan Nazarbayev on May 18 chaired a government meeting summing up the country’s social and economic results for the first four months of this year. Continue reading
ASTANA (TCA) — The Government of Kazakhstan has approved a new forecast of the country’s socio-economic development for this year, Kazakh media reported. Continue reading
