The Asian Development Bank will allocate US$3 billion to Kazakhstan as part of the new partnership strategy for 2017-2021. As the representatives of the financial institute noted, the new program will focus on financing public-private partnership projects in the non-government sector. In addition, one of the main priorities of the bank’s new strategy is to support agriculture and develop agribusiness in Kazakhstan. The ADB is ready to offer loans in local currency, tenge. In order to develop the allocated funds, the Asian Development Bank intends to create a municipal infrastructure fund. In addition, the center for applied knowledge will be launched which plans to develop water resources management.GIOVANNI CAPANNELLI, ADB COUNTRY DIRECTOR FOR KAZAKHSTAN: - There are a number of areas where we are going to focus our support but first and foremost, is the agricultural sector, promoting economic diversification through dedicated investment and knowledge support in the agricultural sector. On the 25th of August we were the first ones to sign a memorandum of understanding with KazAgro under the supervision of Ministry of Agriculture and we lay down our possible supports in a number of areas.
Yoga Week in Astana
A yoga week is ongoing in Astana that promoting healthy lifestyle and mindfulness.
The National Day of Dombyra will become a traditional holiday
Musical instrument embodies a history of nomadic people. The dombyra’s strings keep wisdom of centuries of the great Kazakh steppe
Two scientific journals of the Eurasian National University have been included in the international Web of Science system.
Reduction of shadow economy in Kyrgyzstan
The Kyrgyz businesses engaged in the shadow economy are set to transition to formal economy.
World mining congress
Mining industry takes the leading position in the economy of Kazakhstan.
Dombyra is national symbol
Visitors can trace centuries-old development of a musical instrument at an exhibition in one of the museums in Pavlodar.