Yerbolat Dosayev - Finance Ministership

Finance Ministership

Although Dosayev had previously headed the Agency for Regulating Natural Monopolies, Radio Free Europe took Kazakh President Nursultan Nazarbayev's appointment of Dosayev to Finance Minister as a surprise, calling him and Adilbek Jaksybekov, who Nazarbayev appointed Minister of Trade and Industry, "newcomers." Kazakh Prime Minister Imangali Tasmagambetov's resignation triggered the dismissal of all government ministers as outlined in the Constitution of Kazakhstan.

Dosayev, addressing journalists and the Parliament of Kazakhstan on 19 March that AGIP KCO would pay the government USD 150 million for delaying oil production in the Kashagan oilfield. He said, "There will be two sums - 100 and 50 . One hundred is to arrive, and 50 will come a bit later." The Revenue Watch Institute characterized his answer to a question regarding further payments for delaying output as "evasive." Dosayev said, "You know, Vladimir Sergeyevich Shkolnik will tell you everything that was envisaged. I cannot speak about all the sums. The only thing I can now say is that 100 will arrive. We will negotiate the remainder later. The compensation calculated on the basis of the years ." He said that the government would "adjust the timeframe for payments and the like, if necessary," and the payment would either be transferred to the "National Fund or the budget to get the money. I think it will be the National Fund."