News by tag - Serik Zhumangarin

Explanatory Work Begins Following the Signing of Kazakhstan’s New Tax Code

The first public clarification of Kazakhstan’s new Tax Code took place at the site of the Atameken National Chamber of Entrepreneurs. Deputy Prime Minister – Minister of National Economy Serik Zhumangarin and Chairman of the Presidium of the Chamber Raimbek Batalov held a hybrid-format seminar-meeting with representatives of industry associations. During the meeting, government officials explained to businesses the key provisions of the new Tax Code.

Mechanical Engineering Shows Over 11% Growth in First Half of the Year

In the first six months of 2025, Kazakhstan’s mechanical engineering sector demonstrated economic growth of 11.1%. Opportunities for further acceleration and unlocking the sector’s additional potential were the subject of detailed discussion at a meeting of the Economic Growth Task Force chaired by Deputy Prime Minister – Minister of National Economy Serik Zhumangarin.

Kazakhstan and Italy Discuss Creation of Joint Investment Fund in Agribusiness Sector

Deputy Prime Minister and Minister of National Economy of the Republic of Kazakhstan Serik Zhumangarin met with Gianantonio Tramè, founder of TRAMITE GROUP and authorized representative of the Kazakhstan–Italy Chamber of Commerce. The main focus of the meeting was an initiative by Italian investors to establish an integrated agricultural supply system to enhance trade and economic cooperation between the two countries.

Science – Education – Industry: Kazakh Delegation Led by Serik Zhumangarin Visits Science City in Novosibirsk Region (Russia)

Following the President’s directive at the March National Kurultai to explore the development of science cities in Kazakhstan based on thorough analysis and planning, a Kazakh delegation led by Deputy Prime Minister and Minister of National Economy Serik Zhumangarin visited the Novosibirsk Region.

Baiterek's 8 trillion gives 1.3% additional GDP growth

Baiterek Holding's eight trillion tenge to support entrepreneurship and the implementation of key national and investment projects already this year will give 1.3% additional contribution to real GDP growth in Kazakhstan.

Fishing, sowing, FEZ and nuclear technology in Almaty region

Deputy Prime Minister - Minister of National Economy Serik Zhumangarin made a working trip to Almaty region, where he met with agricultural producers of the region, visited scientific and innovative facilities located in a special economic zone, and familiarised himself with the work of the Institute of Nuclear Physics.

Kazakhstan and Afghanistan agree on Turkundi - Herat railway construction

During the visit of the Kazakh delegation headed by Deputy Prime Minister and Minister of National Economy Serik Zhumangarin to Afghanistan, the Ministry of Trade and Integration of Kazakhstan and the Ministry of Public Works of Afghanistan signed a protocol of intentions between the Ministry of Trade and Integration of Kazakhstan and the Ministry of Public Works of Afghanistan, confirming the interest in participating in the construction of the railway Turgundi - Herat - Kandahar - Spin Boldak.

Major investment projects of KEGOC, Kazakhtelecom and Samruk-Energy considered at Economic Growth Headquarters

The operational headquarters on ensuring the country's economic growth chaired by Deputy Prime Minister - Minister of National Economy Serik Zhumangarin reviewed investment projects of the country's major energy and telecommunications operators such as KEGOC, Kazakhtelecom and Samruk-Energo through the prism of their contribution to the gross value added (GVA) of Kazakhstan's economy.

Single window for subsidising services in agricultural sector planned to be created on SISS basis

In the Government under the chairmanship of Deputy Prime Minister - Minister of National Economy of the Republic of Kazakhstan Serik Zhumangarin considered problematic issues and potential for the development of information systems in agriculture.

Expansion of industrial potential. Large-scale projects launched in Kazakhstan's regions

​​​​​​​On 2 April, at the meeting of the headquarters on ensuring economic growth chaired by Deputy Minister - Minister of National Economy Serik Zhumangarin discussed the development of Astana, Almaty, Ulytau and Karaganda region.

Trade accounts for one fifth of GDP structure in Kazakhstan

At the regular meeting of the headquarters to ensure economic growth under the chairmanship of Deputy Prime Minister of Kazakhstan - Minister of National Economy Serik Zhumangarin considered opportunities to increase trade volumes, indicators of economic development of Shymkent and Zhambyl region and issues hindering the implementation of investment projects.

Real sector financing is to be increased in Kazakhstan

Deputy Prime Minister of Kazakhstan - Minister of National Economy Serik Zhumangarin at the Government session reported on the planned measures to increase economic growth in 2025.

Government sends working groups to regions to discuss amendments to Tax Code with businesses

At the Government session chaired by Prime Minister Olzhas Bektenov presented new amendments to the tax legislation of the country.

Government hears preparations for national agricultural census in 2025

On 1 August, Kazakhstan will launch a national agricultural census. This will allow for an objective and holistic assessment of the state of agriculture and a reliable source of data for the formation of state policy in this sector.

Draft fiscal reforms discussed with experts

On the instructions of the Prime Minister to develop new approaches to the reform of fiscal policy, Deputy Minister – Minister of National Economy Serik Zhumangarin held the first meeting of the Expert Council under the Ministry of National Economy.

Brick plant, CHP and camel milk powder factory to be commissioned in Kyzylorda

Deputy Prime Minister - Minister of National Economy Serik Zhumangarin held a meeting on the development of the real sector of the economy, which considered the investment development of Kyzylorda region.