Bi-Weekly Economic News Summary

KAZAKHSTAN - In Brief 07 Apr 2023 by Alexander Kudrin
Mar 24 SOCAR: The Azerbaijani company has started the transit of Kazakh oil from Tengiz via the Baku-Tbilisi-Ceyhan (BTC). The framework agreement between SOCAR and KMG assumes the transit of 1.5 mln tons of oil per year Mar 27 Government: Kazakhstan from April 1, 2023, introduces mandatory registration of invoices for goods exported to the Eurasian Economic Union Agriculture Ministry: The volume of agricultural production in Kazakhstan in Jan-Feb increased in cash terms by 3.9% y-o-y to KZT248 bn Bureau of National Statistics: Cargo turnover in Kazakhstan in Jan-Feb decreased by 1.9% EBRD: The bank will provide up to $150 mln to finance the "green" economy in Kazakhstan Government: First Deputy Prime Minister of Kazakhstan Mr. Sklyar held talks with Gazprom CEO Mr. Miller S&P: The agency confirmed the ratings of the Eurasian Development Bank at BBB-, the outlook is "negative" KazTransOil: The company has started shipment of 25K tons of Russian oil to Uzbekistan KazTransOil: The company plans to export 20K tons of oil from the Tengiz oil field via BTC in March, and 125K tons in April Mar 28 Agency for Regulation and Development of the Financial Market: The regulator will assess the asset quality of 11 of the country's largest banks in 2023 Ministry of Trade: Kazakhstan is ready to increase wheat supplies to China to 1 mln tons per year Mar 29 Parliament: The first session of the newly elected parliament started in Astana, the government resigned after the elections Baiterek: The state holding will search for investors for the former "daughter" of Sberbank in Kazakhstan KTZ: Kazakhstan and China will launch a pilot project on accelerated customs clearance Mar 30 Prime M...

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