Реферат: Оглавление экономика 6

ОГЛАВЛЕНИЕ



ЭКОНОМИКА 6

Газета “Financial Times” (Великобритания) (26/11/2008) «$10BN CRISIS PLAN FOR KAZAKHSTAN» 6

Газета «Financial Times», 24.11.2008, by Isabel GORST in Ashkabad, KAZAKHSTAN UNVEILS $21BN RESCUE PACKAGE 6

Газета «The Boston Globe» (США), 25.11.2008 7

Газета «Le Figaro» (Франция) (25/11/2008) «CRISE: LE KAZAKHSTAN ADOPTE UN PLAN» 7

Журнал «The Forbes» (США), November 26, 2008, By Guy FAULCONBRIDGE and Robin PAXTON, WRAPUP 1-KAZAKHSTAN, RUSSIA TO BOOST URANIUM DESPITE CRISIS 7

Информационный сайт Proplanta (Германия), «KAZACHSTAN: AGRARBRANCHE ERHALT SONDERHILFE», 25.11.2008 9

ИА AFP (Франция), «LE KAZAKHSTAN ADOPTE UN PLAN ANTI-CRISE DE 10 MDS DE DOLLARS», 25.11.2008 9

ИА Associated Press, KAZAKHSTAN SLASHES REVENUE FORECAST FOR 2009, November 25, 2008 10

ИА Associated Press, KAZAKHSTAN TO CUT SPENDING AMID LOWER OIL PRICE, 24.11.2008, 10

ИА Reuters, reporting by Toni VOROBYOVA, RENCAP TO ADVISE KAZAKH DISTRESSED ASSET FUND, 27 November 2008 10

ИА Reuters, by Maria GOLOVNINA, FEATURE-SHALL WE NOT SAY "CRISIS", KAZAKHS WONDER, 24.11.2008, 11

ИА Reuters, KAZAKHSTAN CUTS OIL PRICE FORECAST AS CRISIS BITES, Raushan NURSHAYEVA, Maria GOLOVNINA, 24.11.2008 13

Сайт Terra (Испания), «THE KAZAKH GOVERNMENT DESTINES 10,000 MILLION DOLLARS TO FIGHT THE CRISIS», 24.11.2008 13

Информационный сайт Breitbart.com (США) (25/11/2008) «KAZAKHS APPROVE $10 BLN FINANCIAL RESCUE PACKAGE» 14

The EurasiaNet (USA), KAZAKHSTAN: DIPPING ENERGY PRICE FORCES ASTANA TO REVISE BUDGET, November 24, 2008 15

Информационный сайт Trading Markets, S&P: KAZAKHSTAN ELECTRICITY GRID OPERATING CO. (JSC) 'BB+' RATING AFFIRMED; OUTLOOK NEGATIVE, 24.11.08, 15

Информационный сайт RF Design (USA), MOBILE WIMAX NETWORK FOR KAZAKHSTAN, November 25, 2008 16

Информационный сайт PR-inside.com (Австрия), KAZAKHSTAN INSURANCE REPORT 2008 - COMPANIESANDMARKETS.COM ADDS NEW REPORT, by Mike KING, November 25, 2008 16

Информационный сайт PR-Inside.com (Австрия), KAZAKHSTAN FREIGHT TRANSPORT REPORT 2008 - COMPANIESANDMARKETS.COM ADDS NEW REPORT, by Mike KING, November 25, 2008, 17

Информационный сайт MorningStar (Великобритания) (25/11/2008) «KAZAKHSTAN ADOPTS $10 BILLION STABILIZATION PLAN FOR ECONOMY» 19

Российская газета - Неделя (Москва), № 244, 27.11.2008, Людмила ПАВЛОВИЧ, САМ СЕБЕ БАНКИР 19

Независимая газета (Москва), № 256, 26.11.2008, Сергей СОКОЛОВСКИЙ, ОЧИЩЕНИЕ КРИЗИСОМ 20

Независимая газета (Москва), № 255, 25.11.2008, НАЗАРБАЕВ МЕНЯЕТ ЭКОНОМИЧЕСКУЮ СТРАТЕГИЮ 22

Газета «Время Новостей», 24.11.2008, НА ШАГ ВПЕРЕДИ 23

Газета «Трибуна» (Москва), № 45, 27.11.2008, Юрий СОЛОЗОБОВ, КРИЗИС ДАЕТ ШАНС 25

Газета «Взгляд» (Москва), 25.11.2008, КАЗАХСТАН ВЫДЕЛЯЕТ НА БОРЬБУ С КРИЗИСОМ $10 МЛРД. 26

Газета «Ведомости» (Москва), № 222, 24.11.2008, Елена ХУТОРНЫХ, Василий КУДИНОВ, ПОЖАРНЫЕ МЕРЫ ЦЕНТРОБАНКОВ 26

РИА "Новости" (Москва), 26.11.2008, Ольга КОВАЛЕНКО, ПАРЛАМЕНТ КАЗАХСТАНА ПРИНЯЛ БЮДЖЕТ-2009, УВЕЛИЧИВ ДЕФИЦИТ ЕЩЕ НА 6% ДО $4,76 МЛРД 29

РИА "Новости" (Москва), 26.11.2008, Ольга КОВАЛЕНКО, ПАРЛАМЕНТ КАЗАХСТАНА ПРИНЯЛ НОВЫЙ НАЛОГОВЫЙ КОДЕКС, ПРЕДУСМАТРИВАЮЩИЙ СНИЖЕНИЕ НАЛОГОВ 30

РИА "Новости" - Новости Стран СНГ и Балтии (Москва), 25.11.2008, ИНФЛЯЦИЯ В КАЗАХСТАНЕ СНИЗИЛАСЬ ДО 14% В ОКТЯБРЕ С 20% В АВГУСТЕ - НАЦБАНК 31

РИА "Новости" - Новости Стран СНГ и Балтии (Москва), 25.11.2008, БАНКИ КАЗАХСТАНА В 2009 Г. ДОЛЖНЫ ВЫПЛАТИТЬ ПО ВНЕШНИМ ЗАЙМАМ $10,6 МЛРД - НАЦБАНК 31

РИА "Новости" (Москва), 25.11.2008, Ольга Коваленко, КАЗАХСТАН ПЛАНИРУЕТ УВЕЛИЧИТЬ ДЕФИЦИТ БЮДЖЕТА В 2009 ГОДУ ЕЩЕ НА 6% ДО $4,76 МЛРД 32

РИА "Новости" (Москва), 25.11.2008, Ольга Коваленко, КАЗАХСТАН СНИЗИЛ ПРОГНОЗ ВВП НА ДУШУ НАСЕЛЕНИЯ НА 18% ДО $13 ТЫС К 2013 ГОДУ 33

РИА "Новости" (Москва), 25.11.2008, КАЗАХСТАН ПРИНЯЛ АНТИКРИЗИСНЫЙ ПЛАН ДЕЙСТВИЙ 34

РИА “Новости” (Москва), 24.11.2008, Ольга КОВАЛЕНКО, КАЗАХСТАН ВЫДЕЛИТ $10 МЛРД НА АНТИКРИЗИСНУЮ ПРОГРАММУ 34

РИА "Новости" - Новости Стран СНГ и Балтии (Москва), 24.11.2008, Ольга КОВАЛЕНКО, КАЗАХСТАН ВЫДЕЛИТ $5 МЛРД НА РЕШЕНИЕ ПРОБЛЕМ С ИПОТЕКОЙ 35

РИА "Новости" (Москва), 24.11.2008, Ольга КОВАЛЕНКО, ПРОБНЫЙ ПУСК ТОКАМАКА КАЗАХСТАН РАССЧИТЫВАЕТ ПРОВЕСТИ В 2010 ГОДУ 36

РИА "Новости" (Москва), 24.11.2008, Ольга КОВАЛЕНКО, КАЗАХСТАН ВПЕРВЫЕ С 2007 ГОДА ЭКСПОРТИРОВАЛ МЯСО В РОССИЮ-МИНСЕЛЬХОЗ 36

РИА "Новости" (Москва), 24.11.2008, Ольга Коваленко, ЗАВЕРШЕНА РЕКОНСТРУКЦИЯ КАЗАХСТАНСКОГО УЧАСТКА АВТОДОРОГИ "ЕВРОПА - БЛИЖНИЙ ВОСТОК" 37

РИА "Новости" (Москва), 24.11.2008, Ольга КОВАЛЕНКО, КАЗАХСТАН ПЕРЕСМОТРИТ БЮДЖЕТ НА 2009-2011 ГОДЫ ИЗ РАСЧЕТА $40-50 ЗА БАРРЕЛЬ НЕФТИ 38

РИА "Новости" - Новости Стран СНГ и Балтии (Москва), 24.11.2008, Ольга КОВАЛЕНКО, ПЕРЕХОД НА ЦИФРОВОЕ ТЕЛЕВЕЩАНИЕ КАЗАХСТАН НАЧНЕТ С 2009 ГОДА - МИНИСТР 38

Интерфакс (Москва), 27.11.2008, КАЗАХСТАНСКИЙ АЛЬЯНС БАНК ДОРАЗМЕСТИТ ПРОСТЫЕ АКЦИИ И "ПРЕФЫ" НА ВНЕБИРЖЕВОМ РЫНКЕ 39

Интерфакс (Москва), 27.11.2008, КАЗАХСТАНСКИЙ ЕВРАЗИЙСКИЙ БАНК НАМЕРЕН УДВОИТЬ УСТАВНЫЙ КАПИТАЛ 39

Интерфакс (Москва), 27.11.2008, S&P ПРИСВОИЛО РЕЙТИНГ "BB" КАЗАХСТАНСКОМУ "КАЗАГРОГАРАНТУ" 40

Интерфакс (Москва), 27.11.2008, NEXI УДВОИЛА СУММУ СТРАХОВОГО ПОКРЫТИЯ ПО ПРОЕКТАМ ЯПОНСКИХ КОМПАНИЙ И КАЗАТОМПРОМА 41

Интерфакс (Москва), 27.11.2008, "РД "КАЗМУНАЙГАЗ" В РАМКАХ BUY BACK ВЫКУПИЛА НА KASE СВОИ АКЦИИ НА 20 МЛН ТЕНГЕ 41

Интерфакс (Москва), 27.11.2008, ВЛАСТИ АТЫРАУСКОЙ ОБЛАСТИ КАЗАХСТАНА СЧИТАЮТ, ЧТО ТШО УМЫШЛЕННО СДЕРЖИВАЕТ ПРОДАЖИ СЕРЫ 42

Интерфакс (Москва), 27.11.2008, КОМПАНИИ САУДОВСКОЙ АРАВИИ ЗАИНТЕРЕСОВАНЫ В РЕАЛИЗАЦИИ ИНВЕСТПРОЕКТОВ НА ЮГЕ КАЗАХСТАНЕ - МИД РЕСПУБЛИКИ 42

Интерфакс (Москва), 26.11.2008, ТЭО СТРОИТЕЛЬСТВА АЭС В КАЗАХСТАНЕ БУДЕТ РАЗРАБОТАНО ДО КОНЦА ГОДА - РАЗРАБОТЧИК 43

Интерфакс (Москва), 25.11.2008, КАЗАХСТАН СОКРАЩАЕТ РАСХОДЫ НА МОДЕРНИЗАЦИЮ И ПРИОБРЕТЕНИЕ ВОЕННОЙ ТЕХНИКИ 44

Интерфакс (Москва), 25.11.2008, KASE С 26 НОЯБРЯ НАЧНЕТ ТОРГИ ФЬЮЧЕРСАМИ НА ЗОЛОТО 44

Интерфакс (Москва), 24.11.2008, ПРАВИТЕЛЬСТВО КАЗАХСТАНА СНИЗИЛО ПРОГНОЗ ЦЕНЫ НА НЕФТЬ ПРИ РАСЧЕТЕ ТРЕХЛЕТНЕГО БЮДЖЕТА 45

Итар-Тасс (Москва), 26.11.2008, К КОНЦУ ГОДА РОССИЯ И КАЗАХСТАН НАМЕРЕНЫ ВЫВЕСТИ ТОВАРООБОРОТ НА УРОВЕНЬ 20 МЛРД ДОЛЛАРОВ, НЕСМОТРЯ НА МИРОВОЙ КРИЗИС - ХРИСТЕНКО 45

ИТАР-ТАСС (Москва), 25.11.2008, ПРАВИТЕЛЬСТВО КАЗАХСТАНА ПРИНЯЛО АНТИКРИЗИСНУЮ ПРОГРАММУ НА 2009-2010 ГОДЫ 46

Новости России - ИА REGNUM (Москва), 25.11.2008, ПРАВИТЕЛЬСТВО КАЗАХСТАНА НАПРАВИТ БОЛЕЕ $18,2 МЛРД НА РЕАЛИЗАЦИЮ СТАБИЛИЗАЦИОННОГО ПЛАНА 46

Новости России - ИА REGNUM (Москва), 25.11.2008, В КАЗАХСТАНЕ С УЧЕТОМ СНИЖЕНИЯ ЦЕНЫ НА НЕФТЬ ПЕРЕСМОТРЯТ ТРЕХЛЕТНИЙ БЮДЖЕТ 47

РИА "ОРЕАНДА" (Москва), 25.11.2008, ПРАВИТЕЛЬСТВО КАЗАХСТАНА ОДОБРИЛО СТАБИЛИЗАЦИОННЫЙ ПЛАН 47

РосБизнесКонсалтинг (Москва), 27.11.2008, MOODY''''S ПОДТВЕРДИЛО РЕЙТИНГИ B1/E+/NOT PRIME БАНКА БТА, ПРОГНОЗ - "СТАБИЛЬНЫЙ" 48

РосБизнесКонсалтинг (Москва), 26.11.2008, СП ГАЗПРОМА И КМГ НА БАЗЕ ОРЕНБУРГСКОГО ГПЗ ЗАРАБОТАЕТ ПРИ ПЕРЕХОДЕ К ТРЕТЬЕЙ ФАЗЕ ОСВОЕНИЯ КАРАЧАГАНАКА 48

РосБизнесКонсалтинг (Москва), 26.11.2008, АКЦИОНЕРЫ КТК 17 ДЕКАБРЯ ПОДПИШУТ МЕМОРАНДУМ О ВЗАИМОПОНИМАНИИ ПО РАСШИРЕНИЮ МОЩНОСТЕЙ НЕФТЕПРОВОДА 49

РосБизнесКонсалтинг (Москва), 26.11.2008, МИНЭНЕРГО КАЗАХСТАНА: В КТК ПРИОРИТЕТОМ ДЛЯ СТРАНЫ ЯВЛЯЕТСЯ ВОЗМОЖНОСТЬ ЭКСПОРТА СВОЕЙ НЕФТИ 50

РосБизнесКонсалтинг (Москва), 26.11.2008, РОССИЯ И КАЗАХСТАН ДО КОНЦА 2008Г. ПОДГОТОВЯТ БАЛАНС ПО НЕФТИ И ГАЗУ СРОКОМ НА 20 ЛЕТ 51

РБК daily (Москва), № 224, 26.11.2008, ВАРИАНТ НАЗАРБАЕВА 51

Информационный сайт Regions.ru (Москва), 25.11.2008, ПРАВИТЕЛЬСТВО КАЗАХСТАНА ПРИНЯЛО АНТИКРИЗИСНУЮ ПРОГРАММУ 52

Информационный сайт opec.ru, 24.11.2008, Елисеева Ирина, «МЫ ДОЛЖНЫ ЖИТЬ И РАБОТАТЬ ТАК, КАК БУДТО У НАС НЕТ НЕФТИ» 53

Информационный сайт www.infoshos.ru, 24.11.2008, Джаляль ЖЕТПИСОВ, ФИНАНСОВЫЙ КРИЗИС И ЕГО ВЛИЯНИЕ НА РОССИЮ И КАЗАХСТАН 54

Газета «The National» (ОАЭ), 25.11.2008, by Daniel BARDSLEY, ASTANA CONSTRUCTION BOOM RIVALS THE GULF 56

Газета «Для ВАС» (Кыргызстан), от 29 ноября 2008 года, № 49, Алима САНН, ЭНЕРГЕТИЧЕСКИЙ КРИЗИС КАЗАХСТАНУ НЕ ГРОЗИТ 57

The Trend News Agency (Азербайджан), November 25, 2008, R.MASHADIHASANLI, TRADE TURNOVER WITH KAZAKHSTAN INCREASES BY 87%: HEAD OF AZERBAIJANI CENTRE FOR STRATEGIC STUDIES UNDER PRESIDENT 58

Информационный сайт Agrimarket Consulting (Украина), November 25, 2008, KAZAKHSTAN: WHEAT PURCHASING PRICES DOWN 59

Газета «Messenger» (Грузия), 24.11.2008, KAZAKHSTAN WILL EXPAND AKTAU PORT TO TRANSIT OIL TO THE CAUCASUS 59

^ КАЗАХСТАН НА МЕЖДУНАРОДНОЙ АРЕНЕ 59

The Press and Journal (UK), November 25, 2008, By Calum ROSS, FORGING NEW LINKS WITH KAZAKHSTAN, KATE DEAN DISMISSES JUNKET FEARS AS ABERDEEN SEEKS CLOSER TIES WITH ATYRAU AND OTHER OIL CITIES 59

DEUTSCHE WELLE (Германия) (20/11/2008), «KAZACHSTAN: REGIERUNG WILL ZUSAGEN AN OSZE UMSETZEN» 61

Информационный сайт ISRIA (США), 27 November 2008, NORTH KOREA: CHOE THAE BOK MEETS PRESIDENT OF KAZAKHSTAN SENATE 62

Информационный сайт ISRIA (USA), November 26, 2008, ROMANIA: THE VISIT OF THE MINISTER OF FOREIGN AFFAIRS LAZAR COMANESCU IN KAZAKHSTAN 62

The EurasiaNet (USA), 27 November 2008, KAZAKHSTAN: US CONTINUES TO PROBE RAIL ROUTE VIA CENTRAL ASIA TO AFGHANISTAN 63

Информационный сайт Inbox Robot (США) (25/11/2008) «BARACK OBAMA BACKS KAZAKHSTAN» 63

Информационно-аналитический сайт Eurasia Daily Monitor, 24.11.2008, by Saban KARDAS, TURKEY PUSHES FOR CLOSER POLITICAL TIES WITHIN THE TURKIC-SPEAKING WORLD 64

Газета «Взгляд» (Москва), 27.11.2008, КАЗАХСТАН И США ДОГОВОРИЛИСЬ О ПОДДЕРЖКЕ ОПЕРАЦИИ В АФГАНИСТАНЕ 65

РИА-Новости (Москва), 28 ноября 2008, Владимир ДОБРОВОЛЬСКИЙ, МФГС СТРАН СНГ И ЮНЕСКО ПОДПИСАЛИ МЕМОРАНДУМ О ВЗАИМОПОНИМАНИИ 66

РИА "Новости" - Новости Стран СНГ и Балтии (Москва), 27.11.2008, Ольга КОВАЛЕНКО, ПРЕЗИДЕНТ КАЗАХСТАНА ВЫРАЗИЛ СОБОЛЕЗНОВАНИЯ ИНДИИ В СВЯЗИ С ТЕРАКТАМИ 67

РИА "Новости" - Новости Стран СНГ и Балтии (Москва), 25.11.2008, ВИЗИТ ПРЕЗИДЕНТА МОЛДАВИИ В АСТАНУ ПЕРЕНЕСЕН - МИД КАЗАХСТАНА 67

РИА "Новости" - Новости Стран СНГ и Балтии (Москва), 25.11.2008, ЗАСЕДАНИЕ РОССИЙСКО-КАЗАХСТАНСКОЙ ДЕМАРКАЦИОННОЙ КОМИССИИ ПРОЙДЕТ В ЯНВАРЕ 2009 ГОДА В РФ 68

РИА "Новости" (Москва), 25.11.2008, ЛУЖКОВ - РОССИИ НУЖНО УКРЕПЛЯТЬ СВЯЗИ С БЕЛОРУССИЕЙ И КАЗАХСТАНОМ В УСЛОВИЯХ КРИЗИСА 68

Интерфакс (Москва), 27.11.2008, МИД КАЗАХСТАНА РЕКОМЕНДОВАЛ ГРАЖДАНАМ СТРАНЫ НЕ ЕЗДИТЬ В ТАИЛАНД 69

Интерфакс (Москва), 27.11.2008, АСТАНА ПОДДЕРЖИВАЕТ ПРЕДЛОЖЕНИЕ ТАШКЕНТА О СОЗДАНИИ ЗОНЫ СВОБОДНОЙ ТОРГОВЛИ - НАЗАРБАЕВ 69

Интерфакс (Москва), 26.11.2008, РОССИЯ, КАЗАХСТАН, КИРГИЗИЯ, ТАДЖИКИСТАН И КИТАЙ УДОВЛЕТВОРЕНЫ ХОДОМ РЕАЛИЗАЦИИ СОГЛАШЕНИЙ О МЕРАХ ДОВЕРИЯ В РАЙОНАХ СОВМЕСТНЫХ ГРАНИЦ, ЗАЯВЛЯЮТ В АСТАНЕ 70

ИТАР-ТАСС (Москва), 25.11.2008, Олег АНТОНОВ, ВОПРОСЫ РАЗВИТИЯ ДВУСТОРОННИХ ОТНОШЕНИЙ БУДУТ РАССМОТРЕНЫ ВО ВРЕМЯ ВИЗИТА ПРЕЗИДЕНТА МОЛДАВИИ В КАЗАХСТАН 71

ИТАР-ТАСС (Москва), 25.11.2008, Олег АНТОНОВ, ВИЗИТ ПРЕЗИДЕНТА МОЛДАВИИ В АСТАНУ ПЕРЕНОСИТСЯ НА БОЛЕЕ ПОЗДНИЙ СРОК - МИД КАЗАХСТАНА 71

Итар-Тасс (Москва), 24.11.2008, БЕЛОРУССИЯ, КАЗАХСТАН, РОССИЯ, УКРАИНА И США ПРОДОЛЖАТ ОБСУЖДЕНИЕ ПО ВОПРОСУ О ПРОДЛЕНИИ ДОГОВОРА О СНВ - МИД РФ 72

РосБизнесКонсалтинг (Москва), 25.11.2008, В.ПУТИН: РОССИЯ, БЕЛОРУССИЯ И КАЗАХСТАН ДОЛЖНЫ ПОДПИСАТЬ СОГЛАШЕНИЕ О ЕДИНОЙ ТАМОЖЕННОЙ ИНФОРМАЦИОННОЙ СИСТЕМЕ 72

Прайм-ТАСС (Москва), 25.11.2008, ТАМОЖЕННЫЙ СОЮЗ РОССИИ, БЕЛОРУССИИ И КАЗАХСТАНА ДОЛЖЕН РЕАЛЬНО ЗАРАБОТАТЬ В САМОЕ БЛИЖАЙШЕЕ ВРЕМЯ – В.ПУТИН 72

Информационный сайт Salut.MD (Кишинев), 25.11.2008, ВИЗИТ ПРЕЗИДЕНТА МОЛДАВИИ В АСТАНУ ПЕРЕНЕСЕН - МИД КАЗАХСТАНА 73

^ ВНУТРЕННЯЯ ПОЛИТИКА 73

The Guardian (UK), 28 November 2008, By Maria GOLOVNINA, WANT TO DO BUSINESS IN KAZAKHSTAN? LEARN KAZAKH 73

Информационный сайт MarketWatch (USA), 28 November 2008, MAJOR POLITICAL REFORMS IN KAZAKHSTAN 74

Информационный сайт Human Rights Education Associates (USA), 28 November 2008, KAZAKHSTAN: DRAFT LAW ON GENDER EQUALITY UNDER DISCUSSION 75

Газета «Взгляд» (Москва), 27.11.2008, КАЗАХСТАН УТВЕРДИЛ МЕХАНИЗМ ОКАЗАНИЕ ПОМОЩИ ЧЛЕНАМ ОДКБ 76

РИА "Новости" - Новости Стран СНГ и Балтии (Москва), 27.11.2008, Ольга КОВАЛЕНКО, КАЗАХСТАН РАТИФИЦИРОВАЛ МЕМОРАНДУМЫ О ПОДДЕРЖКЕ ОПЕРАЦИИ В АФГАНИСТАНЕ 76

РИА "Новости" (Москва), 26.11.2008, Ольга КОВАЛЕНКО, ПАРЛАМЕНТ КАЗАХСТАНА РАТИФИЦИРОВАЛ ДОГОВОР О ЗОНЕ, СВОБОДНОЙ ОТ ЯДЕРНОГО ОРУЖИЯ ЦА 77

РИА "Новости" - Новости Стран СНГ и Балтии (Москва), 26.11.2008, Ольга КОВАЛЕНКО, ПАРЛАМЕНТ КАЗАХСТАНА ОДОБРИЛ РАТИФИКАЦИЮ ИЗМЕНЕНИЙ В ХАРТИЮ ШОС 77

РИА "Новости" - Новости Стран СНГ и Балтии (Москва), 26.11.2008, Ольга КОВАЛЕНКО, КАЗАХСТАН ВВОДИТ ЗВАНИЕ "ГЕРОЙ ТРУДА" 78

Интерфакс (Москва), 27.11.2008, ПАРЛАМЕНТ КАЗАХСТАНА РАТИФИЦИРОВАЛ КОНВЕНЦИЮ ПО ПРЕДУПРЕЖДЕНИЮ НАСИЛЬСТВЕННОГО ИСЧЕЗНОВЕНИЯ ЛЮДЕЙ 78

Интерфакс (Москва), 27.11.2008, ПАРЛАМЕНТ КАЗАХСТАНА РАТИФИЦИРОВАЛ СОГЛАШЕНИЕ О СОЗДАНИИ РЕЗЕРВОВ ВОДНО- ЭНЕРГЕТИЧЕСКИХ РЕСУРСОВ СНГ И ИХ ЭФФЕКТИВНОМ ИСПОЛЬЗОВАНИИ 79

Итар-Тасс (Москва), 27.11.2008, ПАРЛАМЕНТ КАЗАХСТАНА РАТИФИЦИРОВАЛ ПРОТОКОЛ ХАРТИИ ШОС ОБ ИЗМЕНЕНИИ СТАТУСА СЕКРЕТАРИАТА ОРГАНИЗАЦИИ 79



^ ЭКОНОМИКА


Газета “Financial Times” (Великобритания) (26/11/2008) «$10BN CRISIS PLAN FOR KAZAKHSTAN»
News Digest

$10bn crisis plan for Kazakhstan

Kazakhstan agreed yesterday to a $10bn crisis plan aimed at protecting its economy. The plan is funded largely by a national fund of surplus oil revenue harvested this year when the price of crude hit a record. Under the plan, $4bn (.2.6bn) will go to the country’s four main banks in exchange for the state receiving a 25 per cent stake in each. Another $3bn will go to the construction sector. The rest will be spent on small business and infrastructure. AFP, Kazakhstan

^ Газета «Financial Times», 24.11.2008, by Isabel GORST in Ashkabad, KAZAKHSTAN UNVEILS $21BN RESCUE PACKAGE

Kazakhstan has unveiled a $21bn (€16.3bn, £13.9bn) rescue package to help soften the impact of the global financial crisis on the economy and buoy growth even as world oil prices fall.

The package, equivalent to 20 per cent of the oil-rich central Asian country’s GDP, includes emergency funding for the banking, property and agricultural sectors and small and medium sized businesses.

It would “allow Kazakhstan to emerge from the global economic crisis with a revitalised, stronger and competitive economy”, Karim Massimov, the Kazakh prime minister, told a meeting of parliamentarians on Monday.

“Our country is part of the global economic system and if the system is feverish then our temperature will also rise.”

Nursultan Nazarbayev, Kazakhstan’s president, last month gave the government ”carte blanche” to take “non-standard” measures to stabilise the economy and authorised use of the national oil fund – a reserve of windfall oil profits – to fund the emergency programme.

Kazakhstan has been suffering a credit crunch since the US subprime mortgage crisis erupted last year stranding its banks with $40bn of foreign debts.

Falling oil prices have exacerbated the crisis posing “huge risks” for the economy, the finance ministry warned last week.

The government has lowered its forecast for economic growth this year to 3 per cent from an earlier 5 per cent and anticipates growth of no more than 5 per cent next year.

“We have got to forget about the time when oil prices were high,” Mr Massimov said.

He added that at least $4bn was required to stabilse the banking system and boost lending to the real economy.

Kazakhstan’s four leading banks have agreed to sell up to 25 per cent of their equity to the government, in a scheme modeled on recent US and UK bank bail-outs.

A $1bn distressed asset fund has been created to mop up bad bank loans.

Some $3bn will support to the debt-laden construction industry and real estate where a property bubble has burst.

Agriculture, already subsidised by the state, will receive an extra $1bn to boost production and stave off food price inflation. Struggling small businesses will also receive a $1bn cash injection.

Another $1bn will be invested in electricity, oil and transport projects to boost employment in the fute future and provide foundation for future economic growth.

The rescue plan has been devised by the government in partnership with the National Bank and the financial supervisory agency.
^ Газета «The Boston Globe» (США), 25.11.2008


Almaty, Kazakhstan – Kazakhstan’s government approved a $10 billion financial rescue package that will lead the oil-rich country out of economic crisis over the next two years. The global financial crisis has put a severe liquidity squeeze on the Central Asian nation and sharply reduced income from oil exports, forcing authorities to draw up ambitious plans to revive the economy.
^ Газета «Le Figaro» (Франция) (25/11/2008) «CRISE: LE KAZAKHSTAN ADOPTE UN PLAN»


Журнал «The Forbes» (США), November 26, 2008, By Guy FAULCONBRIDGE and Robin PAXTON, WRAPUP 1-KAZAKHSTAN, RUSSIA TO BOOST URANIUM DESPITE CRISIS

Kazakhstan and Russia, which jointly control one-quarter of the world's recoverable uranium resources, will raise output next year and see uranium demand remaining high due to surging demand for nuclear power in Asia.

Kazakhstan's state nuclear producer plans to boost uranium output to 11,900-12,000 tonnes in 2009 from about 8,600 tonnes this year, Kazatomprom Vice-President Sergei Yashin told Reuters in an interview on Wednesday.

Russian state uranium miner Atomredmetzoloto (ARMZ) plans to raise output to 4,300 tonnes in 2009 from 3,880 tonnes this year, General Director Vadim Zhivov said in a separate interview. A small part of Russia's output will be from its joint ventures in Kazakhstan.

The figures mean Russia and Kazakhstan jointly would exceed the peak of the Soviet Union's uranium output, which spiked at about 13,000 tonnes, officials said.

'It doesn't matter if oil prices are high or low. The swiftly developing nations in Asia -- China and India -- are seeking to boost nuclear power, and Japan is too,' Kazatomprom's Yashin said in an interview in Moscow.

'For those Asian countries, developing nuclear power is a high priority and the price of oil, gas, coal or whatever will not significantly change that,' he said.

'The Asian countries are the drivers behind the rise in demand and that demand will only rise in the future.'

There is growing interest in Kazakhstan and Russia, which have ambitious plans to boost uranium production further, from from major world players, including France's Areva, Japan's Toshiba Corp, Canada's Cameco Corp and BHP Billiton.

Kazakhstan wants to boost output to 27,000 tonnes by 2015-16 while Russia is seeking to boost output to 20,000 tonnes by 2024-2025.

^ URANIUM MARKET

Uranium weekly spot prices dropped to $44 per lb on Oct. 21, the lowest level since May 2006 and after reaching a record $136 in June 2007, as funds cut holdings amid concerns the global crisis could damped demand for nuclear power.

Yashin said spot prices were highly speculative but prices could rebound to about $65 per lb by year-end, from about $55 at present.

'We have a good prediction for the price -- the rest is speculation. But we are convinced the long-term balance between demand and supply will allow us to develop,' ARMZ's Zhivov said.

Australia has the world's largest known recoverable resources of uranium, controlling about 23 percent, according to the World Nuclear Association (www.world-nuclear.org), followed by Kazakhstan with 15 percent and Russia with 10 percent.

South Africa and Canada are in fourth and fifth place with about 8 percent each, World Nuclear Association data shows.

Kazakhstan has resources of about 1.6 million tonnes, according to Yashin. Russian state nuclear company Atomenergoprom, which unites the country's civilian nuclear assets, sees Russian uranium resources at about 545,600 tonnes.

ARMZ plans to spend 203.6 billion roubles ($7.4 billion) by 2015 to fund expansion, Zhivov said, adding it would seek external financing from banks and team up with strategic partners to develop new deposits.

The firm is participating in joint ventures with Cameco and Japan's Mitsui & Co to develop Russia's reserves.

Zhivov said Rosnedra, the division of the Natural Resources Ministry that governs mining licences, would distribute new licences next year for ARMZ's joint venture with Cameco.
^ Информационный сайт Proplanta (Германия), «KAZACHSTAN: AGRARBRANCHE ERHALT SONDERHILFE», 25.11.2008

Kasachstan: Agrarbranche erhält Sonderhilfe

Astana – Der kasachische Agrarsector soll im Rahmen eines Antikrisenprogramms finanzielle Sonderbeihilfen in Höhe von 1 Mrd. US-Dollar erhalten.

Diese Summe stellt ein Zehntel jener Finanzmittel dar, die auf Anweisung von Präsident Nursultan Nasarbajew für die Stabilisierung der Wirtschaft aus dem staatlichen Reservefonds bereitgestellt werden.

Die Land- und Ernährungswirtschaft gehöre zu den wichtigsten Objecten des Antikrisenprogramms, betonte Nasarbajew am vergangenen Freitag vor Mitgliedern des Nationalen investorenrates. Dieser Zweig sei zusätlich vom Verfall der Weltmarktpreise für Getreide betroffen, das neben Erdöl und Metallen zu den bedeutendsten kasachischen Exportgütern gehöre. (aiz)

^ ИА AFP (Франция), «LE KAZAKHSTAN ADOPTE UN PLAN ANTI-CRISE DE 10 MDS DE DOLLARS», 25.11.2008

Le Kazakhstan adopte un plan anti-crise de 10 mds de dollars.

ASTANA, 25 nov 2008 (AFP) - Le gouvernement du Kazakhstan a adopte mardi un plan d'environ 10 milliards de dollars pour lutter contre les consequences de la crise financiere mondiale.

"Le Plan de stabilisation de l'economie et du secteur financier pour 2009-2010 a ete approuve", a indique le bureau du Premier ministre kazakh, Karim Massimov, dans un communique.

Ce programme de sauvetage est finance en grande partie par le Fonds national qui, des annees durant, a recolte les surplus de la vente de petrole dont les prix s'envolaient jusqu'a la recente chute des cours.

Le gouvernement a aussi revu a la baisse ses previsions de croissance du PIB pour 2009-2011 d'une fourchette de 5-7% a 2,7-4,1%.

"Le but principal du plan est d'adoucir les consequences negatives de la crise mondiale sur la situation economico-sociale au Kazakhstan et la mise en place des bases pour une croissance economique de qualite a l'avenir", poursuit le document publie sur le site internet du gouvernement.

Ce plan, qui represente pres de 10% du Produit interieur brut kazakh, prevoit notamment quelque quatre milliards de dollars pour les quatre principales banques du pays, tres endettees, en echange de 25% de leurs actions qui passent sous le controle de l'Etat.

Par ailleurs, trois milliards de dollars sont alloues au secteur du batiment pour achever les chantiers paralyses par le manque de credit et stimuler le marche de l'immobilier.

Le gouvernement a aussi decide d'octroyer un milliard de dollars d'aides aux petites et moyennes entreprises, et la meme somme sera attribuee au secteur primaire.

Enfin, un milliard de dollars servira a la realisation de grands projets d'infrastructure et industriels.

"Le Premier ministre Karim Massimov a ordonne au ministere de l'Economie d'organiser d'ici a deux semaines un calendrier de chaque etape pour la realisation du Plan", conclut le communique.

L'economie kazakhe a connu une croissance flirtant avec les 10% pendant pres d'une decennie, notamment portee par les cours eleves du petrole. Mais depuis un an, le Kazakhstan est touche par une crise des liquidites.
^ ИА Associated Press, KAZAKHSTAN SLASHES REVENUE FORECAST FOR 2009, November 25, 2008

Kazakhstan has slashed its revenue forecast for next year by $2.5 billion amid falling world oil prices, the country's Economy Minister said Tuesday.

The revision reflects an estimate for average world oil prices of $40 per barrel, down from the $50 per barrel previously used to calculate the budget, Bakhyt Sultanov told lawmakers.

The country is a large oil producer. Under the adjusted forecast, revenues in 2009 will be 1.9 trillion tenge ($15.75 billion), Sultanov said.

Kazakhstan's economy has slowed dramatically over the past year and has been battered by severe exposure to cheap foreign borrowing. Falling prices for oil are expected to further compound economic difficulties.

Prime Minister Karim Masimov said this week that government spending would be curbed in line with the shortfall in income from oil exports, but that the cut will not affect social welfare programs.

The government has forecast that gross domestic product growth will slow to 5 percent this year, from an average of 10 percent over the last five years.

^ ИА Associated Press, KAZAKHSTAN TO CUT SPENDING AMID LOWER OIL PRICE, 24.11.2008,

Energy-rich Kazakhstan will trim government spending plans for the next three years because of falling oil prices, the prime minister said Monday.

A new budget will be drawn up based on projected average world oil prices of $40 per barrel in 2009 and $50 per barrel for the Brent benchmark in 2010 and 2011, Karim Masimov told a government meeting in the Central Asian nation.

"We must forget about the period when oil prices were high, we have entered another cycle," Masimov said.

Kazakhstan's economy, underwritten by foreign lending, has been buffeted over the past year as global credit markets froze. The fall in oil prices has further threatened financial stability in the oil-dependent country, forcing authorities to promise multibillion dollar injections into the economy.

Masimov said the cut in expenditures will not affect social welfare programs.

Kazakhstan was previously basing its budget for the next three years on an average oil price of $60 per barrel.

The new three-year budget plan will require parliamentary approval, but is unlikely to meet any resistance in the one-party legislature.

^ ИА Reuters, reporting by Toni VOROBYOVA, RENCAP TO ADVISE KAZAKH DISTRESSED ASSET FUND, 27 November 2008
Kazakhstan has appointed Renaissance Capital to advise on the creation of its distressed asset fund, the Russian investment bank said on Thursday. Renaissance Capital said in a statement it will work with Samruk Kazyna, a new state holding which unites Samruk, a firm running large state-owned companies, with Kazyna, an umbrella structure for state-owned financial institutions, and which is charged with distributing Kazakhstan's crisis rescue package.

The measures include a $1 billion distressed asset fund, which will buy loans secured by commercial or residential property or land plots categorised just above nonperforming loans, at a discount from their book value.

Renaissance Capital, one of Russia's biggest home grown investment banks, sold a 50 percent stake to metals and banking tycoon Mikhail Prokhorov in September after the local stock market collapsed and liquidity dried up.

^ ИА Reuters, by Maria GOLOVNINA, FEATURE-SHALL WE NOT SAY "CRISIS", KAZAKHS WONDER, 24.11.2008,

From a lone shepherd in the great silence of the empty steppes to the champagne-sipping socialites of the big cities, no-one in Kazakhstan can escape a looming shadow.

Life may already be tough enough for Danaibek Saidenov, who like generations of nomadic ancestors lives in austere, fog-filled pastures protecting his sheep from wolves.

Now, with a global financial crisis, he faces an enemy far more pervasive than anything the steppes have seen.

"Life's much harder now," said Saidenov, as he let the reins fall loosely on his horse's neck. "There is simply no money. When bankers have no money, that means we don't have it either."

With demand for sheep products falling and shearing costs still high, Saidenov says he is struggling. He sighs and kicks his horse into a gallop as his flock streams down the hillside.

In this remote corner of the world near Kazakhstan's border with China, Saidenov's concern shows the spread of damage from the world's worst financial crisis in 80 years.

In Kazakhstan, a resource-rich nation where traditional herder communities exist alongside a complex oil-fuelled economy, the consequences may be stark.

Long the darling of emerging market investors, the land-locked ex-Soviet state five times the size of France is suffering badly, after years of unlimited access to cheap credit funded economic expansion.

With oil prices now falling and investors fleeing high-risk markets, the pace of Kazakh economic growth has already halved to five percent this year from an average 10 percent since 2000.

As the gloom seeps fast through society, the crisis is a worry to veteran leader, Nursultan Nazarbayev, who knows how much stability in a volatile region depends on economic fundamentals.

So worried are senior figures about eroding confidence that a top official suggested this month that Nazarbayev stop using the very word "crisis" altogether -- a telling insight into the minds of those who run Central Asia's biggest economy.

Adding political undertones, activists have held small but regular rallies against what they see as the injustices of Nazarbayev's rule -- a rare trend in a society where the state, as in Soviet times, brooks no dissent.


GLITTER

Just an hour's drive from the barren steppes where Saidenov grazes his sheep lies Kazakhstan's financial capital Almaty -- a city of bleak Soviet architecture glossed over by the flashy extravagance of Kazakhstan's new-found wealth.

The sight of dozens of cranes, towering motionless over Almaty's hazy skyline, is testament to how the crisis has frozen the highly leveraged real estate industry.

At a fashion show this month, the crisis was the talk of the day for celebrities, socialites and fashion gurus as they savoured champagne beneath lavish chandeliers.

"In the pre-crisis days, girls would come over and buy five or more garments at a time, but now it's just two on average," lamented Sayat Dosybayev, a prominent Kazakh designer.

"It's a global problem, so what can we do?" he added, his futuristic tinted spectacles and spiky hairstyle catching the light.

Demand for luxury goods, foreign travel, fashion items, and cars -- all coveted status symbols across the ex-Soviet world -- is falling fast.

Few statistics are available but one night-club owner complained he could now sell only one bottle of vintage Cristal champagne a night -- down from three before the crisis.

Sales of Porsche and Mercedes cars have halved year-on-year so far this year.

"People who have done well are just going to have to get used to buying fewer Louis Vuitton bags," said Doris Bradbury, a seasoned Kazakhstan-watcher at the American Chamber of Commerce.

Average wages fell 1.1 percent in Kazakhstan in the first nine months of the year, but in some sectors like tourism they shed as much as 25 percent.

"Everyone feels the crisis," said Anatoly Fedoseyev, a young entrepreneur from the industrial city of Karaganda. "Before, I travelled a lot to places like France but now I can afford to travel only inside Kazakhstan."


GROWTH

As investors who had sought to ride the high-risk Kazakh wave panicked last month, the cost of insuring Kazakh debt against restructuring or default soared in the credit default swaps market to around 1,300 basis points: a rate of 1,000 basis points traditionally denotes distressed debt.

This meant it cost $1.3 million a year for five years to insure $10 million of debt. Dealers were demanding upfront payments, a further sign of stress.

That strain eased slightly after confidence-boosting measures by the government including a $21 billion aid package, an unprecedented injection given the size of Kazakhstan's $100 billion economy.

"The fundamentals of Kazakhstan look very attractive at these sort of prices," said Jerome Booth, head of research at Ashmore Investment in London, which manages $32 billion in emerging market assets.

But others say it may not be enough.

"The external crisis has deepened and it seems that the authorities and banks have been slow to recognise this," said Ali Al-Eyd, an economist at Citigroup.

"There seems to be a learning process that they are going through, insofar as external funding will remain challenging."

Analysts say Kazakh growth may fall below even conservative forecasts of 4.5 percent this year amid sustained concerns about the quality of banks' assets.

Few people seem to blame the government for their trouble, alhough Ainur Kurmanov, an opposition activist, said discontent is quietly rising.

"People are tired of waiting for the government to do something about it," he said, a battered bag with a Che Guevara logo slung against his shoulder.

But in an old village of mud-brick huts -- itself curiously called Kazakhstan -- people are still going about their daily tasks tending their flocks and passing on skills.

"Everyone is talking about the crisis," said Yerbol, the 55-year-old head of a big family, his face brick-red from years spent in the steppe. "Of course life is tougher now. But when has it not been tough?".
^ ИА Reuters, KAZAKHSTAN CUTS OIL PRICE FORECAST AS CRISIS BITES, Raushan NURSHAYEVA, Maria GOLOVNINA, 24.11.2008

Kazakhstan slashed its 2009 oil price forecast by a third to $40 on Monday, bracing itself for more economic pain as the global financial crisis continued to take its toll on Central Asia's biggest oil producer.

Kazakhstan has announced a $21 billion rescue package -- equivalent to roughly 20 percent of the economy -- to help its fledging banking sector survive the crisis but falling crude prices have threatened to erode some of these efforts.

Prime Minister Karim Masimov, addressing a cabinet meeting on Monday, warned that the good times were coming to an end.

"Today we have to forget about a period when oil prices were so high. Today we are entering a new cycle," he said.

"I've ordered the economy ministry to recalculate the 2009-2011 budget setting a price of $40 for 2009, and $50 for 2010-2011," he said. This year's price is set at $60.

Kazakhstan was an early victim of the global liquidity squeeze in 2007 as foreign investors dumped high-risk emerging assets in the aftermath of the U.S. sub-prime mortgage crisis.

With oil accounting for 60 percent of all exports, the government had hoped that high crude prices would offset some of its financial troubles -- a picture now changing quickly.

Masimov is due to address the ruling Nur-Otan party later on Monday to lay out the details of the $21 billion package -- an announcement that will be closely watched by foreign investors and domestic players.

The prime minister told Reuters in a recent interview that economic growth was likely to fall to 3 percent next year -- a sharp drop after gross domestic product growth averaged 10 percent in 2000-2007.

He said the government had come up with a plan to help Kazakh banks refinance or repay $12 billion in foreign debt due next year but has not given details.

The liquidity crisis has raised concerns about Kazakh banks' ability to refinance debt and put many projects on hold, especially in the once-booming construction sector.

^ Сайт Terra (Испания), «THE KAZAKH GOVERNMENT DESTINES 10,000 MILLION DOLLARS TO FIGHT THE CRISIS», 24.11.2008

The Kazakh Government destines 10,000 million dollars to fight the crisis.

Moscow, November 24th- The Government of Kazakhstan has approved today an anti crisis programme that anticipates to dedicate 10,000 million dollars to stabilize

the financial system and the economy of this country in Central Asia.

Kazakh Prime minister, Mr. Karim Massimov, explained that the State will dedicate 1.2 trillions of tenge (about 10,000 million dollars) to this programme, besides the amount already anticipated in the triennial budget for 2009-2011.

Altogether, to fight the crisis the Government has announced that it will dedicate 2.2 trillions tenge, equivalent to 20 percent of the Gross Domestic Product of the country, and originating from both the State and other sources.

Mr. Massimov mentioned in particular that the Government will use 4,000 million

dollars to stabilize the national financial system.

When supporting the banks, the State will try “to guarantee the security of the system of payments, to maintain the volumes and conditions of the credits to the real sector of the economy and to maintain the level of activity”, Prime Minister explained.

In addition, the Government sets out to dedicate 3,000 million dollars to support the real estate and hypothecating market, and another 3,000 million in three equal parts to support the small and medium business, the farming sector and for the

modernization of infrastructures and the diversification of the economy.

^ Информационный сайт Breitbart.com (США) (25/11/2008) «KAZAKHS APPROVE $10 BLN FINANCIAL RESCUE PACKAGE»



Идентичный текст был опубликован в следующих зарубежных СМИ и Интернет-ресурсах:


Washingtonpost.com (США) (25/11/2008);

The New York Times (США) (25/11/2008);

Examiner.com (США) (25/11/2008);

Forbes (США) (25/11/2008);

Enquirer-Herald (США) (25/11/2008);

Google (США) (25/11/2008);

SeattlePi.com (США) (25/11/2008);

Cleveland.com (Великобритания) (25/11/2008);

Redeye (США) (25/11/2008);

Dayton Daily News (США) (25/11/2008);

Denverpost.com (США) (25/11/2008);

1500AM (США) (25/11/2008);

FOXnews.com (США) (25/11/2008);

Lehighvalleylive.com (США) (25/11/2008);

kwgn.com (США) (25/11/2008);

MercuryNews.com (США) (25/11/2008);

MLive.com (США) (25/11/2008);

The News and Observer (Великобритания) (25/11/2008);

Newsvine.com (США) (25/11/2008);

OneNewShow.com (США) (25/11/2008);

Oregonlive.com (США) (24/11/2008);

PenLive.com (США) (25/11/2008);

Salon.com (США) (25/11/2008);

SFgate.com (США) (25/11/2008);

The News Tribune.com (США) (25/11/2008);

WTOPnews.com (США) (25/11/2008);

YahooFinance (Великобритания) (25/11/2008).



The EurasiaNet (USA), KAZAKHSTAN: DIPPING ENERGY PRICE FORCES ASTANA TO REVISE BUDGET, November 24, 2008

Officials in Kazakhstan say they will scale back spending plans, as falling energy prices force Astana to make budgetary recalculations.

Kazakhstan is Central Asia’s largest oil producer, with the commodity accounting for roughly 60 percent of the country’s exports. Current budget and revenue projections are based on an oil price of $60 per barrel.

"Today we have to forget about a period when oil prices were so high," Prime Minister Karim Masimov said on November 24. "Today we are entering a new cycle. I’ve ordered the Economics Ministry to recalculate the 2009-2011 budget setting a price of $40 [per barrel] for 2009, and $50 per barrel] for 2010-2011."

Masimov emphasized that core spending on social welfare needs would remain at current levels. The prime minister also announced that the government would be allocating $5 billion in state-controlled funds to support the country’s sagging real estate sector.

^ Информационный сайт Trading Markets, S&P: KAZAKHSTAN ELECTRICITY GRID OPERATING CO. (JSC) 'BB+' RATING AFFIRMED; OUTLOOK NEGATIVE, 24.11.08,

Standard & Poor's Ratings Services said today that it affirmed its 'BB+' long-term corporate credit rating on Kazakhstan Electricity Grid Operating Co. (JSC) (KEGOC), Kazakhstan's state-owned transmission grid operator. The outlook is negative.

We apply a top-down rating approach to KEGOC, notching down two notches below the local currency rating on the Republic of Kazakhstan (foreign currency BBB-/Negative/A-3, local currency BBB/Negative/A-3). This reflects KEGOC's strategically important status to the Kazakh government as a provider of core infrastructure services. We estimate KEGOC's stand-alone credit quality at 'B+'.

"The stand-alone credit quality on KEGOC is constrained by the company's aggressive financial policy, large grid investment program and associated construction risk, high foreign currency and floating interest risk exposure, and Kazakhstan's relatively weak power sector characteristics," said Standard & Poor's credit analyst Sergei Gorin.

Kazakhstan's relatively low wealth, limited customer diversification, and historically delayed payments impair KEGOC's market position.

These risks are mitigated by state support to KEGOC in the form of guarantees on most of its debt, supportive tariffs, and potential extraordinary support. KEGOC also benefits from its monopoly position in a stable and low-operating-risk electricity transmission business.

On Sept. 30, 2008, according to the company's management, available liquidity reserves of Kazakhstani tenge (KZT) 6.7 billion covered its KZT3.6 billion of debt maturing over the next 12 months.

The outlook is negative because the outlook on the sovereign is negative. The outlook also reflects our expectation that KEGOC will remain closely integrated with the government as its 100% ultimate owner and will continue to benefit from various forms of state support, such as debt guarantees or equity increases.

A change in the sovereign credit rating would not automatically result in a change in the rating on KEGOC; it would be subject to a separate review.

"Were the government to deviate from its supportive policy or initiate a privatization process, KEGOC's credit risk would become more dependent on its weaker stand-alone credit profile, and this might put downward pressure on the ratings or the outlook," said Mr. Gorin.

Информационный сайт RF Design (USA), MOBILE WIMAX NETWORK FOR KAZAKHSTAN, November 25, 2008

POSDATA Co. Ltd. announced that it had signed a commercial supply agreement of Mobile WiMAX systems with ARNA, including 100 Radio Access Stations (RAS - Wave 2), Access Control Routers (ACR), Network Management System (NMS) and terminals. According to the contract, ARNA and POSDATA will start building commercial Mobile WiMAX networks in Kazakhstan with a plan of further expansion.

ARNA is Kazakhstan’s largest private service provider of fixed-line telephone and Internet services and it has secured a frequency enabling Mobile WiMAX service in 36 major cities around the country.

Mid this year, POSDATA also concluded commercial supply contract with Uzbekistan’s Super-iMAX, and successfully launched the first commercial Mobile WiMAX service last month in Central Asia. And now, with this commercial supply agreement with ARNA in Kazakhstan, POSDATA is expanding its presence into Central Asian market.

Though the demand for high-speed Internet service in Kazakhstan is increasing high spurred by the country’s recent economic expansion, Internet penetration stands at only around 10%. While Mobile WiMAX network is relatively cheaper to build, compared to fixed-line Internet service, it can provide fast transmission speeds and mobility as well. Therefore, Mobile WiMAX network is rising fast as an attractive solution to meet this increasing demand for high-speed Internet service.

A POSDATA official said, “Through the supply of commercial equipment in Kazakhstan and Uzbekistan in Central Asia, as well as in Singapore and China, POSDATA has again solidified its leadership position as a global Mobile WiMAX vendor in the global market.”
^ Информационный сайт PR-inside.com (Австрия), KAZAKHSTAN INSURANCE REPORT 2008 - COMPANIESANDMARKETS.COM ADDS NEW REPORT, by Mike KING, November 25, 2008

With a population of just under 15mn and a booming energy sector, Kazakhstan should be prospective territory for the world’s insurers. Moreover, by the standards of Central and Eastern Europe (for the purposes of comparative analysis, we include Kazakhstan in our Central and Eastern Europe region), there are other attractions. The political environment appears fairlystable. Overall country risk levels do not appear to be particularly worrying. Relative to other countries in the region, the absolute growth in non-life premiums that can be expected in 2007-2012 is quite large. This outcome does not require spectacular GDP growth or a massive rise in the non-life penetration.

On balance, though, it is the weaknesses of the Kazakh insurance sector that predominate. For one thing, life insurance hardly exists at all – even though per capita GDP already exceeds US$6,000. For another, the accumulative pension funds have amassed assets of just US$250mn or so and appear not to be growing. It is very difficult to escape the conclusion that Kazakhs have little faith in making long-term savings through local financial institutions. They may have a point. As we explain in this report, mounting economic imbalances – which relate to the country’s huge external debt and consequent exposure to the risk appetite of international investors – have caused a credit squeeze. The government has announced that it will set up a US$4bn fund to provide assistance to troubled banks.

Various other aspects of Kazakhstan’s insurance sector suggest that it is very different to its counterparts in most countries in Central and Eastern Europe. For instance, Compulsory Third Party Motor Liability (CTPML) insurance, normally the first line to develop in an emerging insurance market, is unimportant.

Instead, property insurance accounts for the overwhelming majority of the non-life segment in Kazakhstan. Moreover, the non-life segment is dominated by a relatively large number of local operations, many of which are tiny by world standards and none of which are large by international While the competitive landscape is not as bizarre as that of Ukraine (to take another example from the former USSR) or Nigeria (to consider another economy that is totally dominated by the energy sector), it is not easy to avoid the conclusion that regulations and/or the business environment of Kazakhstan is a significant barrier to entry. Quite unlike in Ukraine or the Baltic States, multinational insurers are thin on the ground in Kazakhstan. Global giant AIG has had a presence for a while, but is only a mid-rank player.

Allianz entered the market in late 2007 by way of a small acquisition (of ATF Polis – from a bank that is owned by Italy’s Unicredito). Generali effectively entered Kazakhstan in early 2007 – but this was only because it entered into a joint venture with Èeská Poisovòa (the former state owned monopoly of the Czech Republic) which covers 12 countries across Central and Eastern Europe. Èeská Poisovòa had earlier established a life subsidiary in Kazakhstan. Other firms with aspirations in the region – such as the large French groups, Scandinavian financial services conglomerates, Germany’s ERGO and the major Austrian firms – are absent. So too are the enormous insurers that are based in the Asia Pacific region countries, which are, over the long term, potential buyers of Kazakh energy (and especially China).

Will this change if the credit crunch really begins to bite? On balance, we suspect not. Most of the larger players in Kazakhstan are doing business with the energy sector and, in some cases, may effectively be captive insurers. A lot of the risk is being passed on to reinsurers. Some of the smallest Kazakh firms may face problems but, collectively, their share of non-life premiums is small.
^ Информационный сайт PR-Inside.com (Австрия), KAZAKHSTAN FREIGHT TRANSPORT REPORT 2008 - COMPANIESANDMARKETS.COM ADDS NEW REPORT, by Mike KING, November 25, 2008,

In October 2007 President Nursultan Nazarbaev said that his government would implement a total of 80 investment projects, worth around US$30bn in the period to 2015, as part of its new transport programme.

The aims of the programme included laying around 1,600km of new railway track, electrifying 2,700km of existing railways, and building or preparing 50,000 km of roads across the country. The government also intends to modernise airport infrastructure, develop the merchant fleet, and expand port and navigable waterway infrastructure. Driving this ambitious programme is the fact that Kazakhstan is sitting on a lot of oil and gas – 29bn barrels of proven reserves at present, which is likely to rise further according to officials. One of the key issues for the freight transport industry as the country pushes ahead with development plans, which could make it one of the world’s top five oil exporters, is how to shift all this oil and get it to consumers in both the West (Europe) and the East (principally China). At present there are four main export routes, the latest of which started pumping crude to China in 2006. Two further routes are being proposed. In our Kazakhstan Freight Transport Report 2008, BMI concludes that pipeline throughput can be expect to increase by an annual average of 13.9% per annum Various factors support this prediction. The most important is the rapid pace of development of new oil and gas fields, and strong demand from customers to both East and West. The forecast is also underpinned by strong economic growth and a particularly dynamic future for foreign trade over the next five years.

The overall outlook for the Kazakh freight transport sector is very positive. The rail sector is poised to gain from a round of new state investment in locomotives and track, which should take the annual rise in volume to 13.3% in the 2008-2012 period. Then comes airfreight, based on the expected growth of Air Astana and others, at 13.2%. Road haulage will grow slowest, but will still achieve an impressive 12.6% expansion rate. Kazakhstan scores 49 out of a theoretical maximum of 70, compared with an average of 45.0 for its regional peers, in our freight business environment rating. This high score reflects the country’s strength in transport intensity – a measure of the dynamism of foreign trade – and freight growth. Areas for improvement include the regulatory and competitive environments.

The total value of transport and communications GDP will rise to US14.22bn in nominal terms by 2012, representing 7.4% of Kazakhstan’s GDP. The transport and communications sector employed 519,000 people, or 7.2% of the labour force, last year. We see the total figure falling slightly to 516,000 by 2012 (Kazakhstan has a contracting population) but remaining at 7.2% of the total.

^ Информационный сайт MorningStar (Великобритания) (25/11/2008) «KAZAKHSTAN ADOPTS $10 BILLION STABILIZATION PLAN FOR ECONOMY»




Идентичный текст был опубликован в следующих зарубежных СМИ и Интернет-ресурсах:

-INO.com News

^ Российская газета - Неделя (Москва), № 244, 27.11.2008, Людмила ПАВЛОВИЧ, САМ СЕБЕ БАНКИР

Сейитбек Усманов, независимый эксперт, экономист:

- От пенсионной реформы выигрывают, в первую очередь, работники. В Казахстане, где накопительная система действует уже десять лет, доходность по отчислениям пенсионных взносов составила 15 процентов. При этом обязательная часть страховых отчислений снизилась до 10 процентов от зарплаты вместо прежних 22. Кроме того, при переезде в другую страну, вкладчик может забрать свои накопления, а в случае смерти владельца счета его пенсионные сбережения смогут получить наследники.

Наши соседи за эти годы по достоинству оценили преимущества накопительной системы. Все больше людей отдают предпочтение негосударственным фондам, и сегодня по уровню пенсионного обеспечения Казахстан занял первое место среди стран СНГ.

Пенсионные фонды, чьи средства вводятся в биржевой оборот, стали важными игроками в казахской экономике и основным источником внутренних инвестиций. Таким образом, приватизация пенсионных выплат, как признают местные эксперты, способствовала становлению национальной финансовой системы.

В Киргизстане сегодня остро ощущается кризис пенсионной системы. Пенсионные взносы достигают 29 процентов от зарплаты: 8 из них выплачивает сам работник, а остальное - работодатель. Тем не менее, пенсии в стране составляют ничтожную сумму в 30-50 долларов. Взносы работника направляются на его личный счет, где и лежат без движения: сумма увеличивается лишь на 0,1 процента в год, а это значит, что часть пенсионных денег попросту "съедает" инфляция.

Несостоятельность действующей в республике пенсионной системы и необходимость ее приватизации становится все более очевидной. Это позволит усовершенствовать механизм социального обеспечения и укрепить фундамент финансовой системы. Казахстан последовательно осуществил пенсионную реформу, несмотря на то, что российский дефолт 1998 года заметно отразился на его экономике. В Киргизии переходный период пройдет легче, поскольку в стране наблюдается экономический рост, а после приватизации пенсионной системы его темпы увеличатся еще больше.

^ Независимая газета (Москва), № 256, 26.11.2008, Сергей СОКОЛОВСКИЙ, ОЧИЩЕНИЕ КРИЗИСОМ

После выхода из него мир станет другим.

Какими выйдут из кризиса Россия и Казахстан - этот вопрос более всего интересовал собравшихся за круглым столом "Глобальный финансовый кризис: его последствия и антикризисные программы России и Каза