Articles by Assel Satubaldina

Tokayev Chairs Expanded Government Meeting, Considers Firing  Officials For Failing to Handle Pandemic

NUR-SULTAN – Kazakh President Kassym-Jomart Tokayev chaired an expanded government meeting July 10, during which Kazakh Prime Minister Askar Mamin reported on the country’s social and economic development in the first half of 2020 and the government measures to help the economy rebound from the COVID-19 pandemic consequences.  The Kazakh economy shrank by 1.8 percent,…

Kazakh Agriculture Attracts $1.1 billion in 2019

NUR-SULTAN – The Kazakh agriculture sector attracted $1.1 billion in investments in 2019, according to the participants of the “Kazakhstan – Agriculture Projects and De-Risking Investment” session organized as part of the Astana Finance Days conference hosted this year online.  This was a 41 percent increase compared to 2018 and with the country’s vast natural…

Kazakhstan Declares July 13 As Day of National Mourning For COVID-19 Victims

NUR-SULTAN – Kazakh President Kassym-Jomart Tokayev addressed the nation July 9 on the nation’s fight against the pandemic and announced July 13 as the national day of mourning to honor the memory of citizens who died of coronavirus, which will be the ninth national mourning day in the history of independent Kazakhstan.  As of July…

Kazakh Artist’s Ode to Steppe Horse Culture “Over Barriers” to Compete in Kazan International Film Festival

NUR-SULTAN – The Kazakh film “Over Barriers” directed by Banu Ramazanova will compete at the 16th Kazan International Muslim Film Festival scheduled for early September. Ramazanova’s film has been shortlisted in the documentary feature category. The organizers of the festival, which this year will be held in a closed format due to the pandemic, received…

World Bank Approves $500 million Loan to Kazakhstan to Develop Farming

NUR-SULTAN – The World Bank Executive Board has approved a $500 million loan to Kazakhstan to develop farming as part of the Sustainable Livestock Development Program meant to support sustainable, inclusive and competitive beef production in Kazakhstan. The funds, which will be disbursed based on the achievement of specific program results, will be used to…

First President Nazarbayev Celebrates His 80th birthday

NUR-SULTAN – Kazakhstan’s First President Nursultan Nazarbayev is ringing in his 80th birthday on July 6th, as the Kazakh capital Nur-Sultan also celebrated its birthday the same day, reported Nazarbayev’s press service.  The founding father of the Central Asian nation received congratulations over the phone from Azerbaijan President Ilham Aliyev, Belarus President Alexander Lukashenko, Kyrgyzstan…

Tokayev Plans to Rely Heavily On AIFC Role in Kazakhstan’s Economic Recovery 

NUR-SULTAN – Kazakh President Kassym-Jomart Tokayev pointed out the important role of the Astana International Financial Centre (AIFC) in helping the country fix the adverse economic impact from the COVID-19 pandemic during a meeting with the AIFC management, reported Akorda press service.  Launched in 2018, in the Kazakh capital’s brand new futuristic district, the AIFC…

Kazakhstan to Reintroduce Two Week Lockdown to Deal With COVID-19 Spike

NUR-SULTAN – Kazakhstan will introduce a two-week lockdown from July 5 onwards in an effort to prevent the spread of the coronavirus infection that has surged rapidly in numbers over the last month. The Kazakh government commission adopted the decision on July 2, a few days after Kazakh President Kassym-Jomart Tokayev reprimanded state officials for…

Nazarbayev Recovers From Coronavirus, Back On His Feet After Three Weeks

NUR-SULTAN – Kazakhstan’s First President Nursultan Nazarbayev recovered from the coronavirus infection, said his spokesperson Aidos Ukibay.  “I have good news. Today’s coronavirus test of the Elbasy (Leader of Nation in Kazakh) showed a negative result. According to the recommendations of doctors, Nursultan Nazarbayev will continue to maintain a self-isolation regime, work remotely and devote…

Tokayev Instructs National Bank To Take Measures to Stabilize Exchange Rate of Tenge

NUR-SULTAN – The National Bank can take additional measures to stabilize the exchange rate if it is necessary, said Kazakh President Kassym-Jomart Tokayev during a meeting with Yerbolat Dossayev, chair of the country’s financial regulator, who also briefed the president on the monetary policy results of 2019, the asset quality review of second-tier banks as…