ASTANA (Reuters) - Kazakh President Nursultan Nazarbayev appointed Karim Masimov as his new prime minister on Wednesday, describing him as well-equipped to work with global finance and attract foreign investment in difficult times.
Nazarbayev said he was worried because the previous cabinet had not presented plans to implement a $5.5 billion (3.3 billion pounds) programme he had ordered to support innovation and small to medium-sized businesses, and to help reduce non-performing loans.
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