National Bank: Kazakhstan's GDP decreased by 1.8% NUR-SULTAN. KAZINFORM - According to the results of the first half of 2020, Kazakhstan's GDP has decreased by 1.8%, while the forecast was -1.5%. This is due to the downturn in the service sector, despite the relaxation of quarantine measures and the opening of trade and catering facilities from mid-May 2020. Kazinform reported with the reference to the press service of the National Bank.
National Bank reduces base rate to 9% NUR-SULTAN. KAZINFORM - The National Bank of Kazakhstan has made an unplanned decision to reduce the base rate to the level of 9% per annum with the expansion of the corridor to +/- 1,5 percentage points. Consequently, the rate for the liquidity provision standing facilities is 10.5% and for the liquidity withdrawal standing facilities – 7.5%, Kazinform has learnt from the press service of the National Bank.
National Bank Chairman reports to Kazakh President NUR-SULTAN. KAZINFORM National Bank Chairman Yerbolat Dossayev and members of the board reported to President of Kazakhstan Kassym-Jomart Tokayev on the monetary policy results for 2019, on state of gold and forex reserves and National Fund assets, the Akorda press service reports.
Сoncept for financial technologies and innovations development presented by NB NUR-SULTAN. KAZINFORM - The National Bank of Kazakhstan and the Agency for Regulation and Development of the Financial Market have presented a draft Concept for the development of financial technologies and innovations in the financial market, Kazinform reports with the reference to the press service of the National Bank.
Kazakh National Bank issues commemorative coins NUR-SULTAN. KAZINFORM - The National Bank of the Republic of Kazakhstan issued commemorative coins Qasteev Búrkitshi part of «Fine Arts of Kazakhstan» series in the denomination of KZT 500 and commemorative coins I. Jansúgirov. 125 jyl, S. Seifýllin. 125 jyl, B. Mailin. 125 jyl, T. Rysqulov. 125 jyl from «Outstanding Events and People» series with a face value of KZT100, Kazinform reports.