Uzbekistan to Get New Preferences from EU
Local producers will be able to export their goods into the EU customs-free
Banks & Finance
Number of Microfinance Frauds Decreases in Kazakhstan
Due to the regulator's actions
Russia Doesn’t Want to See Dollar Assets in Its National Wealth Fund
The country gradually increases shares of the CNY and euro
Uzbekistan Rolls Out the State Privatization Program
Transparency is the main criteria for the entire process, experts say
Almost 25% of All Money Transfers from Kazakhstan Were Sent to Uzbekistan
Residents of this republic have received from Kazakhstan $43.3 million
Kazakhstan Regulator Is Expected to Tighten Its Monetary Policy
The central bank wants the inflation rate to get back to 3-4%
EEU Member States Won’t Extend Benefits for Electric Vehicle Imports
Starting from 2022 all importers should pay a 15% tax on the cost of a vehicle
Kazakhstan Is Going to Test New Digital Currency
The project should start this year
Bank of Russia Plans to Raise Key Rate
By 2023 the rate might be about 6%
EEU to Make Oil Trading Market More Transparent
New draft rules are under discussion
IMF Wants to Assess Kazakhstan Financial Market
The fund is going to look at the country’s monetary policy
The Tough Year of 2020 Didn’t Prevent Kazakhstani Export to China from 15% Growth
This helped the country add 25% of a surplus to its trade balance
Freedom Finance Expands Its Retail Businesses
To get a digital loan you need just four seconds
Three Billionaires from Kazakhstan Enter the Forbes List
All of them represent the finance and tech sectors
KASE to Get Rid of Paper Work
The exchange has made a bid on online procedures
Raiffeisen Bank Has Become a KASE Member
The bank is going to trade with tenge
Kazakhstan Has Taken 39th Place in 2020 Index of Economic Freedom
The Index has reviewed 180 countries in total
Kazakhstanis Are Spending More Than a Half of Their Income on Food
The prices surge too fast, a Mazhilis deputy said
Moody’s Has Affirmed Kazakhstan’s Ratings at Pre-Pandemic Level
The rating is positive
Business Activity in Kazakhstan Declines Two Months in a Row
However, the construction sector is still growing
Pandemic and New Regulations Have Affected Lending in Kazakhstan
In 2020 the total volume of loans significantly decreased
Kazakhstan’s External Debt Has Reached $160.9 Billion
The private sector owes 80% of it
Kazakhstan’s National Fund Loses Money
Since the beginning of the year, it lost about $1 billion
National Bank of Kazakhstan Spent Almost $2 Billion to Support National Economy in 2020
The regulator has announced the results of the year