Finance | FinReview - Part 2


23 March 2020

Expenses of the insurance market of the Kazakhstan increased by 37%, and net profit – by 3%. This may result in loss

In the coming years, insurance companies in Kazakhstan will need quality development. In 2019, their expenses grew faster than incomes, and the growth in net profit for the

13 March 2020

20% of SMEs generate more than half of the sector’s profits

As of February 1, 2020, 1.3 million SMEs are operating in Kazakhstan. However, more than 60% of their income is generated by only a fifth of enterprises. That

4 March 2020

Profitability of the tourism sector may increase to 200 billion KZT per year

In 2019, the contribution of tourism to the country’s economy amounted to 5.6%, while by 2025 it is planned to increase this figure to 8%. For that purpose,

25 February 2020

The development of the commercial sector is slowing down due to the increased demand of the population for housing

In 2019, the trade sector became a key driver of the growth of the national economy. However, for the third year in a row, retail growth has been

18 February 2020

The construction sector might ensure GDP growth by 4.5% in 2020

The amount of construction work in 2019 increased by 14%, it allowed construction companies receive 983.4 billion tenge, which is considered to be as a record profit over

13 February 2020

Mining sector provides more than 40% of state income and 15% of GDP

In 2019, Kazakhstan’s GDP growth was 4.5% due to increased demand on the consumer market, increased industrial production and increased investment activity. Which sectors of the economy were

3 February 2020

Oil, gasoline and renewable energy: 2019 results

2019 was a successful year for the development of the fuel and energy complex – record oil production, full coverage of the domestic market with Kazakhstan gas, the

17 January 2020

The volume of construction work doubled over the past 10 years

Construction in Kazakhstan is one of the key sectors of the economy and one of the most attractive investment areas. This sector accounts for 5.6% of Kazakhstan’s GDP,

27 December 2019

Results of 2019: support of socially vulnerable citizens from the budget provokes inflation, and enterprises lack investment and loans

In the near future, the Government and government departments will begin to summarize the activities for 2019. According to preliminary forecasts of Kazakhstan, the national economy continues to

18 December 2019

Kazakhstan may increase agricultural revenues by $6 billion

For the ten months of 2019, agricultural exports amounted to $ 2.6 billion, and the share of the total volume was only 5.4%. That is, agriculture has a