News by tag - Economy

Olzhas Bektenov Instructs to Revise Approaches to Light Industry Development

Prime Minister Olzhas Bektenov held a meeting on the development of light industry as part of the Head of State’s instructions on economic diversification and the promotion of domestic production.

Serik Zhumangarin Opens Business Forum of the Organization of Turkic States

Deputy Prime Minister – Minister of National Economy of the Republic of Kazakhstan Serik Zhumangarin took part in the opening of the business forum “Economic Integration and Cooperation of the OTS Countries: New Opportunities in Industry, Agro-Industrial Complex, Logistics and Digitalization”.

Olzhas Bektenov Invites Berne Union Participants to Implement Strategic International Investment Projects in Kazakhstan

Prime Minister of the Republic of Kazakhstan Olzhas Bektenov took part in the plenary session of the Berne Union – the world’s largest international association of export credit and investment insurers.

Manufacturing Sector Growth Reaches 9.9% in First Four Months

According to preliminary data from the Bureau of National Statistics, Kazakhstan’s GDP growth in January–April 2026 amounted to 3.6% compared to the same period last year.

AI System for the Register of Mandatory Business Requirements Presented

A meeting on the implementation of the Register of Mandatory Requirements was held under the chairmanship of Deputy Prime Minister – Minister of National Economy Serik Zhumangarin. The meeting was attended by representatives of state bodies, the National Chamber of Entrepreneurs, and the business community.

Kazakhstan and OECD Discuss Cooperation Strategy for 2026–2030

On the sidelines of the Regional Environmental Summit, Deputy Prime Minister – Minister of National Economy of Kazakhstan Serik Zhumangarin met with Deputy Secretary-General of the OECD Fabrizia Lapecorella.

Serik Zhumangarin Discusses Development of Copper Processing in Kazakhstan with Head of GP Günter Papenburg AG

Deputy Prime Minister – Minister of National Economy Serik Zhumangarin held a meeting with Karl Günter Papenburg, Head of the German industrial holding GP Günter Papenburg AG. The parties discussed plans for the development of Kazakhstan’s copper industry and possible areas of cooperation.

Kazakhstan’s Constitutional Reforms Become One of the Key Topics in Discussions with S&P, Moody’s and Fitch

Constitutional reforms in Kazakhstan were one of the central topics during meetings held by Deputy Prime Minister – Minister of National Economy Serik Zhumangarin with representatives of the Big Three rating agencies — S&P, Moody’s, and Fitch — in Washington.

Kazakhstan Proposes World Bank to Hold Conference on Sustainable Economic Growth

Deputy Prime Minister – Minister of National Economy Serik Zhumangarin presented a new initiative during the roundtable “Kazakhstan Riding the Wave of Reforms” held at the World Bank headquarters in Washington.

Agreement Signed in Washington for the Karaganda–Zhezkazgan Road Project

During the Kazakhstan delegation’s visit to Washington, an agreement on financing the construction of the Karaganda–Zhezkazgan road was signed at the World Bank headquarters.

Serik Zhumangarin Discusses Cooperation Priorities and New Investment Projects with the World Bank

Deputy Prime Minister – Minister of National Economy Serik Zhumangarin held a meeting in Washington with World Bank Vice President for Europe and Central Asia Antonella Bassani and representatives of the World Bank Group.

Roundtable with Kazakh Prime Minister Olzhas Bektenov and Turkish Vice President Cevdet Yılmaz Held in Astana

A roundtable discussion on cooperation between the business communities of Kazakhstan and Türkiye was held in Astana with the participation of Prime Minister of the Republic of Kazakhstan Olzhas Bektenov and Vice President of the Republic of Türkiye Cevdet Yılmaz.

State Budget Revenues Increased by 17% in Q1

The results of the execution of state finances for January–March 2026 were reviewed at the Government session chaired by the Prime Minister. Minister of Finance Madi Takiyev delivered the main report. According to his data, state budget revenues excluding transfers amounted to 6.4 trillion tenge, which is 931 billion tenge more than in the same period last year.

Construction, Transport and Manufacturing Become Key Drivers of Economic Growth in Q1

First Deputy Minister of National Economy Azamat Amrin reported at a Government meeting on the results of the country’s development for January–March 2026. According to the presented data, real GDP growth stood at 3%.

GDP Growth for Q1 Stands at 3%: Prime Minister Highlights Steady Growth in Non-Oil Sector

At the Government session chaired by Prime Minister of the Republic of Kazakhstan Olzhas Bektenov, the results of socio-economic development and execution of the republican budget for January–March 2026 were reviewed.

President’s Instructions on Digitalization: AI, Data and Technological Solutions Become the Foundation of the Country’s Development

President of Kazakhstan Kassym-Jomart Tokayev has designated 2026 as the Year of Digitalization. This is a logical continuation of efforts to build IT infrastructure and a direct response to the challenges of the global economy, where data has become the new reality.