PriceWaterhouseCoopers (PwC) will audit the financial activity of Azerbaijan’s State Oil Fund (SOFAZ) in 2016-2018. SOFAZ earlier held a competitive bidding to select an audit company for the provision of audit services. After the evaluation of the proposals presented by the bidding audit companies, pursuant to the Statutory Regulations of the State Oil Fund, PwC…Details
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Tajik Finance Minister Abdusalom Qurboniyon welcomed the delegation of the World Bank, led by Ranjit Lamech, World Bank Practice Manager, Energy and Extractive Global Practice in the Europe and Central Asia Region. Patricia Veevers-Carter, the World Bank Country Manager for Tajikistan, also attended the meeting. According to the Ministry of Finance Secretariat, the meeting participants…Details
July 11 saw the exchange of verbal notes on the agreement between the government of the Republic of Uzbekistan and the government of the Republic of Korea on the development of a feasibility study for the construction of a new international passenger terminal of the airport of Tashkent. The document, which came into force after…Details
The 46th meeting of the special working group for drafting a convention on the legal status of the Caspian Sea at the level of deputy foreign ministers of the Caspian-littoral countries was held in Astana on July 11-12. Azerbaijani Deputy Foreign Minister Khalaf Khalafov, Iran’s Deputy Foreign Minister Ibrahim Rahimpour, Ambassador-at-Large of the Kazakh Foreign…Details
In May Kazakhstan exported 6.55 KMT of barley (6.32 KMT in May 2015), 5.8 KMT of which were shipped to Iran. During September-May of the 2015/2016 season barley exports from Kazakhstan reached 792 KMT which was significantly higher than shipments during the same period last season (+79%). During September-May of 2014/2015 MY 442.7 KMT of…Details
Revenues of Kazakhstan’s state budget from taxes and payments increased 1.4 times YoY and totaled 2.659 trillion Kazakh tenges in January-May 2016. The main part of the incomes – more than 2.46 trillion tenges – accounted for tax revenues, including 935.08 billion tenges of income tax and 841.42 billion tenges of taxes for commodity and…Details
Prime Minister of Kazakhstan Karim Massimov has held a meeting on the issues of development of agro-industrial complex during his working trip to North Kazakhstan region. According to the press service of the government of the Republic of Kazakhstan, the meeting was held in the fields of Babyk-Burluk LLP. Massimov stressed that the Agriculture Ministry…Details