President: Kazakhstan manages financial crisis.

By bne IntelliNews December 23, 2009
Kazakh president Nursultan Nazarbayev announced that Kazakhstan was able to solve the financial crisis that occurred this year. The announcement was made at a traditional meeting with representatives of diplomatic missions. Nazarbayev stated that the situation in the financial sector was completely stabilized. Moreover, the talks with creditors concerning Alliance Bank and BTA bank were completed. According to Nazarbayev, the global economic crisis gave an opportunity to re-evaluate the ongoing works, politics, economy and draw up new plans. Nazarbayev also stated that OSCE summit will be held in 2010 in Astana. To remind you, Kazakhstan will take the presidency in the OSCE in 2010.

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