ASTANA, Kazakhstan, April 25. Kazakhstan will introduce a regime of austerity of public funds, Kazakh President Kassym-Jomart Tokayev said during his speech at the XXXIII session of the Assembly of …
President of Kazakhstan sets 5-month deadline to rebuild flood-damaged homes
I believe that the upcoming large-scale construction will create new opportunities for citizens,” the President of Kazakhstan added. To note, the floods in Kazakhstan started in March. A state of …
Republic of Kazakhstan: Financial Sector Assessment Program-Technical Note on Climate-Related Risks and Financial Stability
Kazakhstan is vulnerable to transition risk due to the importance of its energy- and emissions-intensive sectors. Domestic and global climate policies would negatively affect Kazakhstan’s economy, its …
Republic of Kazakhstan: Financial Sector Assessment Program-Technical Note on Regulation and Supervision of Crypto Assets
Kazakhstan saw a significant increase in crypto mining in 2021 following a ban on mining in China. Volatility in crypto markets and energy shortages, coupled with a prohibition on the circulation of …
Kazakhstan prepares draft Concept for development of hydrogen energy
The Ministry of Energy of Kazakhstan has prepared a draft Concept for the development of hydrogen energy in the country, Trend reports. According to …
Technonikol invests over 11 bln rubles in construction of third rock-wool plant in Kazakhstan
ROSTOV-ON-DON. April 24 (Interfax) – Technonikol has begun construction of a stone wool plant in the Karaganda region of Kazakhstan, the company said in a press release. The cost of the project is …
Kazakhstan grappling with a fresh wave of flooding
Already struggling to cope with the damage done by flooding that started in late March, Kazakhstan is contending with a new bout of inundations that are forcing tens of thousands of Kazakh citizens …
Carlsberg opens Kazakhstan non-alcoholic production facility
The Denmark-based drinks giant has invested $50m in the project, which has also seen an expansion of the existing brewery in Almaty.
How Kazakhstan leveraged “uranium power” to hold reins in nuclear fuel dealings with China
In particular, the policy paper—titled To Secure Kazakhstan’s Uranium, Chinese Players Were Compelled to Accommodate Local Partners—underscores Kazakhstan’s own approach to the engagement, which meant …
Kazakhstan can expect GDP growth of 3.1% this year and 5.6% next, says IMF
The International Monetary Fund (IMF) projects real GDP growth of 3.1% this year and 5.6% in 2025 for Kazakhstan in its newly released World Economic Outlook April 2024 edition. Last year, Kazakhstan …