Articles by Zhaniya Urankayeva

Kazakh criminal justice system to be digitised by 2018

ASTANA – Kazakhstan’s criminal justice system will be fully digitised by 2018, said Kazakh Prosecutor General Zhakip Asanov at a Nov. 15 Parliament’s plenary session. The meeting was dedicated to the first reading of the draft law on the modernisation of the procedural justice for law enforcement. “We plan to start the digitisation process in…

Visa exemption for Kazakh citizens will save millions of dollars, says UAE Ambassador

This year on May 23 Kazakh Foreign Minister Kairat Abdrakhmanov and the United Arab Emirates’ Minister of Foreign Affairs and International Cooperation Abdullah bin Zayed bin Sultan Al Nahyan signed an agreement on establishing a one-month visa exemption for Kazakh citizens travelling to the UAE. In this connection, the UAE Ambassador to Kazakhstan Dr. Mohammed Ahmed…

Balance of payment improvements reduce exchange rate risk, says Kazakh NB chairman

ASTANA – The inflation target in Kazakhstan is determined at the level of 5-7 percent with further gradual decrease to 4 percent and lower by 2020. This was announced by National Bank Chair Daniyar Akishev Aug. 29 at a government meeting dedicated to the forecast and main priorities of social and economic development for 2018-2022…

Kazakh minister urges citizens to save money for housing

ASTANA – Kazakh Minister for Investments and Development Zhenis Kassymbek recently urged the government to encourage citizens to save money to buy housing. According to the minister, House Construction Savings Bank (HCSB) has 965,000 contracts worth 464 billion tenge (US$1.4 billion), of which about 25,000 contracts have 30 percent of savings for 118 billion tenge…

Kazakhstan to include social, environmental aspects in measuring GDP

ASTANA – Minister of National Economy Timur Suleimenov said July 18 that the indicator of gross domestic product is planned to expand with new parameters taking into account the social and environmental aspects in Kazakhstan. The ministry intends to submit the draft of the strategic plan 2020-2025 for public discussion in mid-August. After discussion and…

National Bank chief lays out plans to improve banking sector

ASTANA – The National Bank of Kazakhstan (NB) recently announced the conditions for the shareholders on the mandatory injection of funds into the capital. This was stated during the joint session of the Chambers of the Parliament by NB Chairman Daniyar Akishev. According to Akishev, to find out the real situation within the banks, it…

New road emergency response system expected to save hundreds of lives per year

ASTANA – The government will adopt by the end of 2018 a notification system to emergency services for road accidents that is expected to reduce emergency response times by 30 to 40 percent and save hundreds of lives per year, Minister of Defence and Aerospace Industry Beibut Atamkulov said during a June 7 government hour in…

Information satellite system saves Kazakhstan $45 million

ASTANA – Space technology development contributes to the increase of domestic content in space system production for foreign customers, said Minister of Defence and Aerospace Industry Beibut Atamkulov at a June 5 government meeting. The KazSat system ensured the import substitution in the amount of 27 billion tenge (US$86.3 million) due to the reduction of…

Health insurance classes to be added to Kazakh medical school curriculums beginning in September

ASTANA – Kazakh medical schools and colleges will begin in the next academic year to teach courses on healthcare issues and policies, Kazakhstan Yelzhan Birtanov announced May 3. Birtanov said preparations to introduce the courses have been in the works for some time. “A working group has been working on the introduction of these issues…

Kazakhstan, Turkey to create joint chamber of commerce and industry

ASTANA – Kazakhstan and Turkey are planning to establish a joint chamber of commerce and industry, according to the Deputy Chairman of the board of the Atameken National Chamber of Entrepreneurs Nurzhan Altayev. “The fifth meeting of the Business Council of the Turkic-speaking countries is considering the establishment of a joint chamber of commerce and…