Erbolat Dosayev

Kazakh government revises forecast of economic growth

The Kazakh government has revised the economic growth forecast for 2016, reducing the expectation of GDP from 2.1 to 0.5%. "If below 40 dollars [per barrel of oil]GDP growth was assumed at 2.1%, we believe that under the …

Kazakhstan approves 2016-2020 privatization plan

The government of Kazakhstan has approved the comprehensive privatization plan for 2014-2016, under which the share of state participation in the economy will be reduced to 15%, Kazakh National Economy Minister, Yerbolat Dosayev, …

Nazarbayev asks to reduce inflation to 4%

Kazakh President Nursultan Nazarbayev instructed the National Bank of the Republic to reduce mid-term inflation to 4% per year. "Within the framework of inflation targeting, the National Bank should reduce the …

Kazakhstan develops plan for supporting economy

Today the government of Kazakhstan adopted a plan of measures by the government of Kazakhstan and the National Bank in the context of shifting to the inflation targeting, the press service of the republic’s Prime Minister reported. …