Wednesday 4 November 2015

Crisis-hit Kazakhstan unveils ambitious privatisation plan - FT.com

Crisis-hit Kazakhstan unveils ambitious privatisation plan - FT.com:

"Kazakhstan is set to embark upon its most ambitious privatisation plan since independence from the Soviet Union in 1991, offering stakes in its largest state-owned enterprises to international investors in preparation for eventual stock market flotations, officials told the Financial Times on Tuesday.
The move coincides with a warning from Nursultan Nazarbayev, president, that the world faces “economic turbulence” that for many emerging market countries could dwarf the impact of the global financial crisis of 2008-09."



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