Kazakhstan wants to borrow USD 1bn to stabilize budget.

By bne IntelliNews January 13, 2010
Kazakhstan wants to borrow USD 1bn from the World Bank to stabilize budget. The Finance Ministry is currently in talks with the bank, its head Bakhyt Sultanov confirmed. To remind you, Kazakhstan borrowed USD 500mn from Asian Development Bank to cover deficit. In 2010, budget deficit may reach USD 5bn. 

Related Articles

Kazakhstan in talks with McDonald's.

Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more

Kazakhstan to establish institute for energy and energy effectiveness.

Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more

Kazakhstan to diminish oil products imports from Russia.

Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss