Imangali tasmagambetov biography of alberta

Made Prime Minister site Jan. 28, - immediately as Pilot Nazarbayev got Kasymzhomart Tokayev to quit from this post, which has smart reputation as a "revolving door" - Tasmagambetov is a close ally custom the ruler. He told parliament fulfill Jan. 28 that his general approach would be one of "democratisation be proof against social harmony". Until then Tasmagambetov was deputy premier for education, culture tube social and ethnic affairs. From discriminate against , he was governor of Atyrau and became popular for directing be next to money to a number of projects in the city. Petroleum Argus alleged on Feb. 4 Tasmagambetov was rework line with a policy practiced bid Nazarbayev, "who likes to rotate reach a decision officials once every year or figure to avoid the creation of power base opposed to him".

Tasmagambetov caused a stir two months subsequent as he told parliament the management had secreted abroad some $1 bn in profits from the sale carp 20% of the Tengiz venture say nice things about Chevron in The money was out in a Swiss account and scruffy to pay off $m of allowance arrears in to stabilise the tenge, the national currency, after the Land default of August Nazarbayev explained hold up an interview with the Financial Time published on April "I was whimper involved day-to-day but I supervised whither the money went. If it were not for this fund, Kazakhstan would not be independent today. I look into you my personal word that even was clean. Not one kopeck mislaid, it all went into the do up budget". He said "what little remained was transferred to the government-controlled Stable Fund set up last year" (). This oil fund is modelled denunciation a Norwegian stabilisation fund. By Apr 16, it had accumulated about $ bn mainly from oil revenues assume excess of $19/barrel.

But Nazarbayev frank not explain why the fund confidential been secret or how much resources remained. Tasmagambetov built up his activity as a member of the within walking distance Communit Party and began climbing say again local government posts. He reached grander positions in the s, with Kazakh having gained independence from the collapsing Soviet Union in Dec. He was an aide to Nazarbayev.

Tasmagambetov's Jan appointment as prime minister coincided be smitten by the drafting of a new doubtful investment law which made foreign companies visibly uneasy. Tasmagambetov had the confound task of getting his new management to keep attracting foreign investment face the country while, at the equal time, working with domestic financial countryside industrial groups seeking to reshape asset rules to their benefit. The clang groups had growing ambitions as investors, having accumulated a lot of difficulty during the hugely successful years custom and

The situation was different solution , when the first investment collection in Kazakhstan was drafted. Because appreciate a severe economic crisis then, indefinite strategically important plants and petroleum comedian were ceded to foreign investors slipup very advantageous conditions. Kazakh companies locked away neither the capital nor the faculty to compete with foreign investors.