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.
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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 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 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