First visit of IMF delegation

Published: 11 November 2003 y., Tuesday
An IMF delegation led by the IMF managing director, Horst Köhler, is expected to visit Kazakhstan on 14-15 November 2003, according to the IMF mission in Kazakhstan, which has noted that this will be the first visit to Kazakhstan paid by the IMF managing director. Köhler's visit is connected with the 10th anniversary of the Kazakh national currency, the tenge, which was introduced on 15 November 1993. The IMF mission has been operating in Kazakhstan since 1995. Kazakh media reported on Thursday that President Nursultan Nazarbayev had signed two laws ratifying a loan agreement for the implementation of a project on water supply in the capital, Astana. The Japan Bank for International Cooperation is expected to provide a loan worth US $161 million on favourable conditions. The funds will be used to build a water-intake station and change obsolete conduits, thereby to improve the quality of the water consumed in the city. The project is planned to be completed in 2008.
Šaltinis: kazakhstannews.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Parex Bankas is to refinance LTL 19.5 million for small and medium-sized enterprises

Parex Bankas won the tender organised by UAB Investicijų ir Verslo Garantijos regarding the financing of very small, small and medium-sized enterprises, and is to lend LTL 100 million together with other three selected banks. more »

Commission approves aid package for German bank WestLB

The European Commission has approved, under EC Treaty state aid rules, the €5 billion risk shield for German bank WestLB and accompanying measures, following an in-depth investigation opened in October 2008. more »

Capital Requirements Directive - rapporteur Karas interviewed

MEPs have backed new rules to rebuild trust in Europe's battered banks through better financial supervision and risk management. more »

AB Bank SNORAS changes the interest rates on time deposits

Taking into consideration the tendencies in the market, starting from 11 May this year AB Bank SNORAS will change the interest rates on time deposits in Litas, Euro, Great Britain pounds and USA dollars. more »

VW, Porsche in merger talks

Now VW and Porsche who are looking into a merger. more »

Small business, big ideas

First European SME week supports small businesses and encourages entrepreneurship. more »

Twist of fate: $120,000 found at ATM

Officials at an El Paso bank said $120,000 found at an ATM doesn't belong to the bank. more »

MEPs adopt strict conditions for the placing on the market of seal products in the European Union

The placing on the market of seal products should not be allowed say MEPs. It is permitted only where the seal products result from hunts traditionally conducted by Inuit and other indigenous communities. more »

Obama's corporate tax crackdown

President Barack Obama is calling on Congress to overhaul tax policies that he said reward companies for shifting U.S. jobs overseas and allow wealthy people to evade taxes using offshore accounts. more »

Animals used in science, seal ban debated Monday

MEPs will discuss the protection of animals used for science Monday evening along with a proposal to ban the trade in seal products. more »