Loans for domestic business financing decreased by 30% in the past 5 years

The share of equity in the domestic business financing has increased from 58% to 73% within 5 years. Sharp reduction of loan funds in 2017, caused by decrease of foreign funding by 77.4%, became a reason. However, the investment policy of Kazakhstan showed the positive dynamics following the 1Q 2019 results, in particular, the loans of non-residents reached the level of 37.6%. For comparison, during the same period in 2018 the indicator was 32.8%. The information was provided by the FinReview.Info News and Analysis Website. Read more about the investment policy of Kazakhstan for the first half of 2019 in the review material below.

23 August, 2019 15:38

Head of State in on visit to Karaganda region

In a working visit to Karaganda region, Head of State Kassym-Jomart Tokayev has visited the Saryarka special economic zone and the Alfarukh logistics center, the Akorda press service informs.

23 August, 2019 14:58

Kazakhstan and France: sample of successful cooperation

Direct foreign investments from France to Kazakhstan have grown by 21 per cent over the year, with the 1Q 2019 gross inflow of investments totalling 255.7 million US dollars. As of today, there are 112 enterprises with French capital across Kazakhstan. These figures have been provided by the Energyprom.kz Monitoring Agency. Read more about Kazakh-French cooperation in the article below.

23 August, 2019 12:30

Emirati astronaut to make his first trip into space from Baikonur Cosmodrome

Kazakh Foreign Minister, Beibut Atamkulov, met with Ambassador of the United Arab Emirates to Kazakhstan Mohammed Al-Jaber. According to the information of the Ministry of Foreign Affairs of Kazakhstan, the meeting discussed a broad range of issues, they are the current state and perspective of the bilateral political, economic and cultural and humanitarian cooperation, the pressing issues of regional and international agendas. Read more in the piece of the Strategy2050.kz Information Agency.

23 August, 2019 10:39