News by tag - Economy

Olzhas Bektenov and WCO Secretary General Ian Saunders discuss current issues of cooperation

Prime Minister of the Republic of Kazakhstan Olzhas Bektenov and Secretary General of the World Customs Organization (WCO) Ian Saunders discussed matters of further cooperation, following up on agreements reached during talks between President of Kazakhstan Kassym-Jomart Tokayev and the head of the WCO.

Olzhas Bektenov chairs Samruk-Kazyna Board of Directors meeting

Prime Minister of the Republic of Kazakhstan Olzhas Bektenov chaired a meeting of the Board of Directors of Samruk-Kazyna Sovereign Wealth Fund JSC. The meeting reviewed the Fund's key performance metrics, including operational and financial results, as well as measures to support domestic manufacturers.

Government approves Socio-Economic Development Forecast and draft Republican Budget for 2027–2029

At the Government session chaired by Prime Minister Olzhas Bektenov, the Socio-Economic Development Forecast and the draft Republican Budget for 2027–2029 were approved. Key priorities include maintaining macroeconomic stability, fulfilling social obligations, stimulating economic growth, and accelerating the construction of infrastructure and social facilities.

Government Implements the Head of State’s Instructions: National Projects Deliver Results in Key Sectors

The Government is systematically implementing the instructions of Head of State Kassym-Jomart Tokayev aimed at large-scale modernization of key sectors of the economy and the social sphere.

Digitalization of State Support Measures To Reduce Administrative Barriers for Entrepreneurs

Deputy Minister of National Economy of the Republic of Kazakhstan Bekbolat Moldabekov reported at the Government session on the ongoing work to digitalize state support measures.

Development of Domestic Production and Import Substitution: How Presidential Instructions to Strengthen Support Measures for Domestic Producers Are Being Implemented

Support for domestic producers is one of the main directions of state policy. On the instruction of the Head of State Kassym-Jomart Tokayev, the Government has implemented a set of measures aimed at developing domestic production, creating new industrial enterprises, increasing the share of Kazakh content, and forming sustainable production chains within the country.

Olzhas Bektenov Takes Part in Meeting of the Eurasian Intergovernmental Council in Narrow Format in Cholpon-Ata

In the city of Cholpon-Ata (Kyrgyzstan), under the chairmanship of Prime Minister of the Republic of Kazakhstan Olzhas Bektenov, a meeting of the Eurasian Intergovernmental Council in a narrow composition was held.

Manufacturing Industry Output in Kazakhstan Reached 16 Trillion Tenge

Minister of Industry and Construction Yersaiyn Nagaspayev reported at the Government session on current measures to support and promote domestic goods, as well as on the development of the country’s manufacturing sector.

Fair Access to Retail Chains and Export Opportunities: Olzhas Bektenov Issues a Series of Instructions to Support Domestic Producers in Line with the Tasks Set by the President

At the Government session chaired by Prime Minister of the Republic of Kazakhstan Olzhas Bektenov, issues of support and promotion of domestic goods were considered.

It is Planned to Reduce the Wear of Utility Networks to 40% by 2029 in Kazakhstan

Deputy Minister of National Economy Asan Darbayev reported at the Government session on the progress of the implementation of the National Project “Modernization of the Energy and Utility Sectors.”

Kazakhstan To Launch Production of Unmanned Tractors and Three New Car Brands by 2028

Minister of Industry and Construction Yersaiyn Nagaspayev reported at the Government session on the current state and prospects for the development of the domestic automotive industry.

Made in Kazakhstan: How Domestic Production Provides Jobs for People and Stable Prices for the Market

As part of the implementation of the instructions of the Head of State Kassym-Jomart Tokayev on the deep diversification of the national economy, the Government is taking systematic measures to develop the manufacturing industry and modernize the agro-industrial complex.

Implementation of the President’s Instructions: GDP Growth, Inflow of Private Investment, and Support for Domestic Producers

As part of the implementation of the instructions of the Head of State Kassym-Jomart Tokayev on the modernization of the national economic model, the Government is taking measures to ensure macroeconomic stability, improve the business climate, and attract investment. Particular attention is paid to launching a new investment cycle, creating a fair competitive environment, and building a predictable tax and budget policy.

Trade Volume for the Half-Year Reached 36.2 Trillion Tenge – Ministry of Trade and Integration

Minister of Trade and Integration of the Republic of Kazakhstan Arman Shakkaliyev reported on the development of the trade sector in the republic at a Government session.

Revenues of the Republican Budget of Kazakhstan Amounted to 8.5 Trillion Tenge for the First Half of the Year

Deputy Minister of Finance Yerzhan Birzhanov reported on the results of the execution of the republican and local budgets for the first half of 2026 at a Government session. In particular, it was noted that all social obligations of the state were financed in a timely manner, the revenue part of the republican budget was executed in full, and expenditures were provided almost at the planned level.

Kazakhstan’s Economic Growth for the First Half of the Year Accelerated to 4.1% — Ministry of National Economy

Deputy Prime Minister – Minister of National Economy Serik Zhumangarin reported on the results of the socio-economic development of the Republic of Kazakhstan for January-June 2026 at a Government session.