Kaspi.kz’s CEO Mikhail Lomtadze recognized as the best business leader in Kazakhstan ALMATY. KAZINFORM - Mikhail Lomtadze, the CEO of Kaspi.kz, has been recognized as the best business leader in Kazakhstan, according to PricewaterhouseCoopers’ (PwC) 2020 CEO Survey, Kazinform has learnt from the bank’s press service.
Kazakhstan to set up interdepartmental consumer protection board NUR-SULTAN. KAZINFORM «Kazakhstan will set up an interdepartmental consumer protection board,» Kazakh Trade and Integration Minister Bakhyt Sultanov said presenting draft law On amendments to some legislative acts of Kazakhstan on consumer protection» at today’s plenary session of the Kazakh Senate.
Global economy to shrink 6% in 2020 on coronavirus pandemic: OECD TOKYO. KAZINFORM The global economy is projected to shrink 6.0 percent in 2020 from the previous year, the Organization for Economic Cooperation and Development said Wednesday, labeling the new coronavirus pandemic as the worst economic crisis since World War II.
IMF chief urges countries to guard against retreat from globalization WASHINGTON. KAZINFORM International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Tuesday urged countries to recognize the importance of global trade amid the COVID-19 pandemic and guard against a «dramatic retreat» from globalization.
French economy to contract over 10 pct in 2020: central bank PARIS. KAZINFORM The French economy, the eurozone's second largest, is on course to contract 10.3 percent in 2020 as the coronavirus pandemic had triggered the country's worst post-war recession, the Bank of France (Banque de France) said on Tuesday.
Economic rehabilitation project office set up in Kazakhstan SHYMKENT. KAZINFORM A project office for management system optimization to achieve socioeconomic goals was set up in Shymkent pursuant to the President’s task to restore economic growth , Kazinform reports referring to the Mayor’s press service.
Update: World Bank projects global economy to shrink by 5.2 pct in 2020 WASHINGTON. KAZINFORM The global economy is on track to shrink by 5.2 percent this year amid the COVID-19 pandemic, the deepest recession since the Second World War, the World Bank Group said in its latest Global Economic Prospects released Monday.