KZBlog

Tag archive for ‘премьер-министр’

• Kazakhstan Buys Controlling Shares in Banks; Seeks to Sell Them

  As part of its bailout project, the Kazakhstan government had planned to buy assets in commercial banks. After negotiations with Halyk Bank and Kazkommerstbank to take government money, attention has turned to BTA and Alliance Bank. Samruk-Kazyna, the newly formed holding that combines development holding Kazyna and Samruk holding, which owned the largest and most […]

  2/03/09 • (Comments Off on Kazakhstan Buys Controlling Shares in Banks; Seeks to Sell Them)

• What Did We Expect?

  As Adam Kesher at Neweurasia[ru] (English translation here points out, Masimov’s blog is the hottest topic in the Kazakhstan blogosphere. I’ve written about this here Karim Massimov: Prime Minister, Blogger and here More Blogs on the Way?. One big complaint is that Massimov’s blog doesn’t appear to be personal. In fact most entries are videos […]

  1/17/09 • (Comments Off on What Did We Expect?)

• More Blogs on the Way?

  Following up on the launch of Masimov’s own blog, the Prime Minister of Kazakhstan has ordered all the ministers to start blogs. He apparently sees it as a great way to connect to people and to address concerns. Masimov himself has launched an investigation into the quality of tap water following complaints in comments on […]

  1/13/09 • (1)

• Karim Massimov: Prime Minister, Blogger

  Although they say Barack Obama may be the first President to keep a blog, Karim Massimov may be the world’s first Prime Minister to blog. Massimov’s blog is on the government.kz domain and appears to use BlogEngine, an open-source blogging software. That’s a good sign that the PM, or his advisers, are pretty hip to […]

  1/10/09 • (2)

• New Law on Religion Criticized

  As Parliament debates a new law “On Religion”, Forum 18 reports on religious leaders’ complaints. Most religious leaders were hesitant to speak publicly, in itself a sign that the atmosphere in Kazakhstan is not as tolerant as the government often claims. However, Lutheran Bishop Yuri Novgorodov, whose church has 52 congregations in Kazakhstan characterized the […]

  5/18/08 • (1)

• Azat Offers Its Platform on Financial Crisis

  Azat (formerly Nagyz Ak Zhol) announced this week a plan to resolve the financial crisis. The opposition party highlighted the crisis as resulting in a decline in industries unrelated to oil and mining, a stagnant retail market, a decrease in real income for 70% of the population, and causing issues in tax collection. They have […]

  5/16/08 • (Comments Off on Azat Offers Its Platform on Financial Crisis)

• No More PSA’s

  In a government meeting this week, Prime Minister Massimov assured the cabinet of ministers that work to renegotiate contracts with foreign investors will continue and that abrogations will be made on new contracts. …officials announced that they would no longer negotiate production sharing agreements, or PSAs, which tend to be favored by international energy conglomerates […]

  2/24/08 • (Comments Off on No More PSA’s)

• More State Control

  One week after the Address to the People of Kazakhstan, the Prime Minister announced that this year Kazakhstan will investigate all existing contracts with foreigners in the area of resource-exploitation i.e. mining and oil and gas. The government will void all contracts with companies that have violated the terms and the resources or rights to […]

  2/15/08 • (Comments Off on More State Control)

• Kashgan Crisis Has Ended

  After this great article on potential directions an agreement with Eni might take in Kashgan by Ben, it appears a settlement has been reached. KazMunaiGas, the state oil company, will have its share of the project increased “equal to that of the largest shareholders,” according to a statement from KazMunaiGas. According to the AFP report: […]

  1/14/08 • (Comments Off on Kashgan Crisis Has Ended)

• Problems in the Financial Sector

  As the banking sector in Kazakhstan is viewed internationally as unstable, the government is taking controversial measures to try to stabilize the financial sector, including buying out shares of Kazakhstan companies and cutting the budget to put 4 billion tenge aside as a reserve fund to bail out banks. Last week it was reported that […]

  10/18/07 • (Comments Off on Problems in the Financial Sector)

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