Mario Draghi, Olaf Scholz and Emmanuel Macron to visit Kiev on June 16
Peace in Ukraine is possible but for price of territorial concessions – NATO Secretary General
Finland not to join NATO without Sweden – Finnish President
Macron’s party mat lose parliamentary elections to Jean-Luc Mélenchon's left-wing alliance
Queen Elizabeth II becomes second-longest ruling monarchs in history
The process of giving the state support to the selected private banks via purchasing their subordinated bonds through the Kazakhstan Stock Exchange (KASE) is going into high gear, therefore, there can be no doubts that the banks such as Eurasian Bank, TsentrCredit, ATFBank, and Tsesnabank will receive the allocated monetary funds.
The news of the US checking the information on the violations committed during the Canadian Uranium One company purchase by the Russian Rosatom group and of how Kazakhstan establishment was affiliated with this deal has been discussed in many Russian and Kazakhstan media and online publications.
The story of Kazkom rescue by the means of investing 2.4 trillion tenge from the state budget and the following sale of the financial institute to Halyk Bank for two tenge may have left the front pages of the Kazakhstan media. However, this story is still far from being finished.
In one of our recent articles, we
World bank has increased its forecast of GDP growth in Kazakkhstan from 2.4% to 3.7% in 2017. This is stated in the new report Migration and mobility. Economoic review of Europe and Central Asia. Analysts hope for a more significant than expected growth of the oil sector, related to launch of Kashagan and growth of oil prices.
Oil refining in Kazakhstan is reaping the rewards of the extended modernization of domestic oil-refineries and ineffective government administration, while the regime is still forced to balance the demand for fuel by shipments from Russia.
