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ASTANA (TCA) — Kazakhstan continues to withstand challenges related to lower oil prices and slower growth in Russia, China and Europe. The Kazakh authorities’ response—targeted fiscal support, exchange rate adjustment, strengthened domestic liquidity management, and structural reforms focusing on the business climate and public administration—has helped stabilize conditions, the International Monetary Fund (IMF) mission said in a statement at the end of its official staff visit to Kazakhstan on February 8. Continue reading
TASHKENT (TCA) — As the new Uzbek president has embarked on economic reforms, a task that requires a team of loyal government functionaries, we are republishing this article originally published by The Jamestown Foundation’s Eurasia Daily Monitor: Continue reading
ASTANA (TCA) — During his official visit to the United Arab Emirates on January 15, Kazakhstan President Nursultan Nazarbayev met with the business community of the UAE in Abu Dhabi, the President’s press service reported. Continue reading
TASHKENT (TCA) — The State Committee of Uzbekistan for Privatization, Demonopolization and Competition Development jointly with the Tashkent Region administration late in December held a series of meetings with entrepreneurs in order to attract them to purchase state assets, including at zero cost, against investment commitments, the Jahon information agency reported. Continue reading
ASTANA (TCA) — The European Bank for Reconstruction and Development (EBRD), a key international investor in Kazakhstan, is providing support to the national energy company, Samruk-Energy, as it embarks on an ambitious programme of privatisation in line with the strategy of its parent holding, the sovereign wealth fund Samruk-Kazyna, the Bank said on December 12. Continue reading
ASTANA (TCA) — Kazakhstan President Nursultan Nazarbayev has decided to extend a moratorium on land privatization and land leasing to foreigners until the end of 2021, the presidential press service said. Continue reading
