the Deputy Chairman of the Board of the national chamber of entrepreneurs Rustam zhursunov came up with the idea to invest pension assets in the lending business. “We are convinced that the financial reserves of the national Bank notes and the funds of the SAPF can be a source of long money. They should facilitate structural change in the economy, including for the financing of the real sector through PPPs,” said Zhursunov. According to him,…"Money SPSF need to invest in infrastructure, not in the business Svoik"
Despite the hype in the corridors of power on the issue of cost containment, to stop the rising cost of food is not possible. In November, food inflation in the Republic amounted to 1.2% is the highest since February of this year. Over the last 12 months products rose by 9.7%, continuing to accelerate inflation Partly this affects the seasonal growth of prices. For example, the price of eggs in November increased by 6.6%. This…"Seasonal rise in prices and municipal tariffs: it has risen in price in November"
we will Remind that earlier the international Agency Moody’s Investors Service has today upgraded the ratings of six ATF. Another authoritative international Agency S&P Global Ratings also affirmed ATF at “B-/B” with “Stable”Outlook. Due to the sustained dynamics of development of JSC “ATF Bank” firmly ranks among the largest banks of Kazakhstan Thus, according to the national Bank of Kazakhstan on November 1, 2019, among all commercial banks ATF Bank is: 6 place on volume…"Fitch Ratings has affirmed the rating of ATF"
After returning from a long weekend of thanksgiving, the President of the United States dealt another blow to the world economy. In his Twitter, trump said that the US imposes tariffs on steel and aluminum for Brazil and Argentina. The reason for the “massive devaluation of their currencies, which is bad for American farmers.” “So I will restore tariffs on all steel and aluminum that come to the United States from these countries,” wrote trump.…"The United States expanded front trade war — is now among the enemies Brazil and Argentina"
Their views were shared by the economists of Aidarkhan Kusainov and Rasul Ismambetova. This is not populism! Aidarkhan Kusainov thinks that everything is fine. – Prices need to be contained, but where they can be contained. But this is contrary to the policy of cost containment. – Let us think on two levels. First, the policy of cost containment blunt. Initially, this populism, and old-fashioned. By the way, here I would like to note the…"As the increase in the prices of petrol and gas combined with the fight against inflation?"
Head of the Department of the Kazakh research Institute of Economics AIC and development of rural territories of Canada akimbekova analyzed the situation in the villages. She notes the negative dynamics of internal migration “village-city”. Many are born, live for a long time — State in the history of independence has implemented several programs to support the village. Now this is a project “Auyl — Ate besigi”. And yet working people continue to leave the…"While the village is in a depression, the Exodus of young people to cities is inevitable — expert"
According to the National Bank in October 2019, the volume of remittances sent through money transfer systems (SDS) abroad amounted to 66.6 billion tenge. Back flows are much more modest, 29.4 billion tenge. The difference – to 37.2 billion tenge, and it is a record. From Kazakhstan in recent years has steadily gone higher but in recent months, the gap is widening:• in March-April 2019 sent money was about 58% more• may -89%;• June –…"Where to run the money out of the country? In 2019 abroad receive 500 billion tenge"
The idea of the Ministry of energy to release gas prices November 28, quoted by news Agency LSM. Vice-Minister of energy Makhambet Dosmukhambetov said that he understands the consequences of non-regulation prices. However, no alternative to consumers do not offer. So by the end of 2020 in Kazakhstan is likely to be another free market gas. How to live, and are there other options not to condemn the people of Kazakhstan on expensive gas, said…"Instead of raising gas prices need to reduce people with giant salaries — expert"
Therefore the assessment of devaluation expectations of Kazakhstanis only have to focus on the answers about the currency in which respondents prefer to keep their cash savings. This situation looks strange, since at the October meeting on economic issues, the President gave clear instructions to the national Bank to improve ongoing communication and outreach policy to reduce the devaluation expectations. Recall also that from a survey commissioned by the national Bank research company “GfK Kazakhstan”…"What I believe the people of Kazakhstan: tenge, USD, EUR?"
Economists Aidarkhan Kusainov and Almas Chukin was agree that such an increase will not happen. Severely regulated – Why do you think that the dollar will not rise to the level of 400 tenge? – First, in principle, to wait until where. And secondly, it severely regulated, said Aidarkhan Kusainov. — 400 is a psychological threshold. The target corridor 386-389 tenge – In your opinion, to what extent it will remain to Novomu year? –…"The dollar fell because of the “tax” week — experts"