Kazakh and Uzbek PMs launched joint production of new cars in Kostanay KOSTANAY. KAZINFORM As part of the working trip to Kostanay Kazakh PM Askar Mamin took part in the opening ceremony of the joint Kazakh-Uzbek car assembly line of Chevrolet car new models at Kostanay auto plant, the PM’s press service reports.
Global economy has entered recession amid coronavirus pandemic: IMF WASHINGTON. KAZINFORM The International Monetary Fund said Friday that the global economy has fallen into a recession, with economic and social activities increasingly curtailed in many countries in an effort to contain the spread of the coronavirus pandemic.
Global oil demand could drop by 20% due to virus: IEA ANKARA. KAZINFORM The global oil demand which is 100 million barrels per day (bpd) could fall by 20 million bpd as 3 billion people in the world are under lockdown due to coronavirus pandemic, said the executive director of International Energy Agency on late Thursday.
ADB ready to assist Kazakhstan in fight against pandemic, National Economy Ministry NUR-SULTAN. KAZINFORM - March 25 Minister of National Economy Ruslan Dalenov, President of the Asian Development Bank (ADB) Masatsugu Asakawa, representatives of the National Bank held a conference call, Kazinform reports citing the press service of the National Economy Ministry.
Verny Capital Group of Companies donates $1mn for fight with coronavirus NUR-SULTAN. KAZINFORM Verny Capital Group of Companies informed of its decision to donate $1mn in order to back the stimulus package announced by the President and the Government for stabilizing the economic and social situation in the country amid the coronavirus pandemic.
Timur Kulibayev, Kairat Boranbayev to donate 1bn tenge for fight with coronavirus consequences NUR-SULTAN. KAZINFORM Chairman of the Presidium of the Atameken National Chamber of Entrepreneurs of Kazakhstan Timur Kulibayev and businessman Kairat Boranbayev decided to donate KZT 1 billion to fight the consequences of the coronavirus pandemic, the press service of Atameken Union informed.