Kazakhstan: foreign investments up in H1 2016

Gross inflows of foreign direct investment grew in Kazakhstan in the first half of 2016, Kazakh Investment and Development Ministry reported. Direct investment hit $9.3 billion in this period, up by 25.8% YoY, Investment and Development Minister Zhenis Kasymbek said at the government meeting. According to the minister, as much as 60% of these investments…

Azerbaijan: WB ready to provide technical aid

The World Bank (WB) is ready to provide technical assistance to support the strengthening of macroeconomic stability in Azerbaijan, the WB leading expert Naoko Kojo said. Kojo made the remarks during his meeting with Rufat Aslanli, chairman of Board of Directors at Azerbaijan’s Financial Market Supervisory Authority. The sides discussed the current macroeconomic situation in…