Articles by Staff report

National Security Committee releases film about Kazakh citizen who returned from Syria

NUR-SULTAN – The National Security Committee released the film “Accusation and Regret” on its YouTube channel about a Kazakh citizen who returned from Syria. Bakhtiyar Ibrayev tells the story of the way he fought for terrorist groups prohibited in Kazakhstan. A native of the Akmola Region, Ibrayev studied in Egypt in 2007, then joined the…

Majilis approves 2020-2022 draft budget 

NUR-SULTAN – The Majilis (lower chamber of Parliament) approved the draft law of the 2020-2022 national budget at its Oct. 23 plenary session.  The main principle is to consistently implement the course and medium-term tasks set for the nation as a part of the Strategic Development Plan through 2025, said First Deputy Prime Minister and…

Kazakhstan losing $11 million monthly due to Russia’s restrictions on coal transit to Ukraine

NUR-SULTAN – Kazakhstan is losing $11 million monthly due to Russia’s restricts coal transit to Ukraine through its territory, according to the Kazakh Ministry of Trade and Integration press service. “The current ban on the transit of certain Kazakh goods by Russia discredits the treaty on the Eurasian Economic Union’s (EAEU) basic principles on restricting…

5G to be implemented in Nur-Sultan, Almaty and Shymkent by 2021, says Zhumagaliyev

NUR-SULTAN – A 5G network will be implemented in the capital by 2021, Minister of Digital Development, Innovations and Aerospace Industry Askar Zhumagaliyev said at the Oct. 1 government meeting. “According to the President’s order, work is underway to introduce a 5G network in Kazakhstan. The roadmap was approved. Testing of 5G mobile communications has…

Toll roads will add more than $10 million annually to Kazakh budget

NUR-SULTAN – Toll roads will add more than four billion tenge ($10 million) annually to the Kazakh budget, said Minister of Industry and Infrastructure Development Beibut Atamkulov on Oct. 22. “At the moment, the length of toll roads has been increased to 682 kilometres. Nur-Sultan – Schuchinsk road is 211 kilometres, Nur-Sultan – Temirtau is…

Kazakh military participates in Unbreakable Brotherhood training in Tajikistan

NUR-SULTAN – The Kazakh military participated in the Collective Security Treaty Organisation (CSTO) Unbreakable Brotherhood 2019 training at the Harb-Maidon training ground in Tajikistan with military representatives from Armenia, Belarus, Kyrgyzstan, Russia and Tajikistan, reported the Kazakh Ministry of Defence press service Oct. 26. “Today the second stage begins, in which the Collective Peacekeeping Forces…

FlyArystan presents results for first six months of operations

NUR-SULTAN – FlyArystan has carried more than 455,000 passengers with a load factor of 94 percent during its first six months of operations. Since commencing flights on May 1, 2019, the low-cost airline has made more than 2,500 flights, of which 93 percent were completed on time. FlyArystan has sold more than 600,000 seats since…

Kazakh pension fund totals $27 billion, includes broad range of assets

NUR-SULTAN – The Unified Accumulation Pension Fund (UAPF) portfolio of pension assets totalled 10.43 trillion tenge (US$26.77 billion) as of Oct. 1, reported the Kazakh National Bank in a brief overview of the UAPF investment activities on pension assets for September. According to the Kazakh National Bank, 65.7 percent of the total portfolio is cash…

Average car price in Kazakhstan increases 5.6% in first nine months of 2019

NUR-SULTAN – The average cost of a new car in Kazakhstan rose 5.6 percent in the first nine months of 2019 compared to the same period in 2018, according to a recent report by the KazAutoProm Automobile Employer’s Union. The report put the average new car price in Kazakhstan at $23,000. Cars made in Kazakhstan…

Kazakhstan’s payment balance develops $1.9 billion deficit, external debt shrinks by $467.6 million in first half of 2019 

NUR-SULTAN – Kazakhstan’s current account payment balance developed a $1.9 billion deficit in the first half of 2019 and external debt was $158.3 billion, or 87.7 percent of gross domestic product (GDP), reported the National Bank of Kazakhstan press service. “In the first half of 2019, the external debt decreased $467.6 million. The state external…