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…

Kazakh National Chamber of Entrepreneurs seeks to enter Russian, Chinese food markets

Kazakhstan is proposing to create joint ventures with the countries of the Turkic world to supply its products to the markets of China and Russia. This was announced during the fifth meeting of the Turkic Business Council by Deputy Chairperson of the Board of the Atameken National Chamber of Entrepreneurs of Kazakhstan Nurzhan Altayev. “Today,…

Kazakh Government approves construction budget for National Pantheon, Kuryk port

ASTANA – The Kazakh government approved Feb. 21 a resolution to implement the state budget for 2017-2019. The budget includes the construction of the National Pantheon and Kuryk port. “We added projects worth 63.5 billion tenge (US$203 million), which include building the National Pantheon and Kuryk port, as well as financing for Zhilstroisberbank. The list…

Nurly Zhol programme created 100,000 jobs in 2016

ASTANA – More than 100,000 jobs were created as part of the Nurly Zhol programme in 2016, said Minister of National Economy Timur Suleimenov at a Feb. 14 governmental meeting. The programme is designed to spur economic growth, particularly in the construction in transport, housing and social sectors. “At the end of the year, 469.6…

KazMunayGas Introduces QR-Code Payments for Fuel Cards

ASTANA – The KazMunayGas National Company has introduced a QR-code payment option for fuel cards at one of its gas stations with plans to extend the service system wide. The service is in test mode and is the first time such technology has been introduced at a gas station in Kazakhstan. The innovation is now…

Gazprom Neft Launches Sales of Euro-5 Standard Gasoline in Kazakhstan

ASTANA – The first batch of gasoline corresponding to the higher Euro-5 standard has arrived in Kazakhstan and went on sale Nov. 19. “In the near future, this type of fuel will be delivered to all three gas stations of Gazprom Neft in Almaty. To be more exact, to gas stations Nos. 105, 131 and…

Bolashak Association Leader Urges Youth to Test Themselves in Business

In 1993, Kazakh President Nursultan Nazarbayev launched Bolashak (Future), an international scholarship programme which has become one of the most important breakthrough projects aimed at increasing Kazakhstan’s competitiveness as a nation. Throughout the 23 years, 12,040 scholarships have been awarded. In 2001, some of the first graduates created the Bolashak Association, which today brings together…

Farm Loans to Reach up to 16 Million Tenge

ASTANA – Micro loans for rural entrepreneurs will be increased up to 16 million tenge (US$46,912), announced Minister of Healthcare and Social Development Tamara Duissenova at the Nov.7 government meeting. Last year, 11 billion tenge (US$32 million) was allocated from the Employment Roadmap 2020 funding for preferential micro loans as part of the memorandum between…

Khorgos Dry Port to Process more than 500,000 Containers by 2020

ASTANA – More than 70,000 containers were handled through the Khorgos dry port during its first year of operation and by 2020, the terminal will be able to process more than 500,000 containers. The Khorgos Eastern Gate Special Economic Zone contributes to the development of multimodal logistics and large-scale industrial production and trade, connecting East…

Building Low Enriched Uranium Bank at Ulba Metallurgical Plant to Cost $150 million

ASTANA – Building a low enriched uranium bank on the territory of Ulba Metallurgical Plant (UMP) will cost about $150 million, according to Kazakhstan’s Vice Minister of Energy Bakhytzhan Dzhaksaliyev. The construction of the building for the low enriched uranium bank is scheduled to be completed at the end of May 2017. “According to a…

Astana Pyramid Celebrates 10 Years

ASTANA – The Palace of Peace and Harmony, a unique building symbolising the friendship, unity and accord of all the nationalities living in Kazakhstan, recently celebrated its 10th anniversary. Throughout the years, the building has taken a worthy place among the cultural attractions of the capital and because of its unusual design became known as…

Towards Green Economy in Kazakhstan

In this interview, Saltanat Rakhimbekova, coalition chair and member of the Council on Transition to Green Economy under the Kazakh President, talks about the challenges the country has to overcome to reach its ambitious goals of “greening” its economy. Could you please tell us about the history of the Coalition for Green Economy and G-Global…

Green Technologies Distribution Centre Opens in Astana

The green technologies distribution centre was opened Aug. 12 as part of the Karaganda Agro-Technical College, reported the press service of the G-Global Coalition for Green Economy and Development. According to the organisers, the main objectives of such centres are to raise the awareness about energy-efficient technologies, which have been implemented in the country; to…

Kazakh Singer Places Second at Slavic Bazaar 2016 Contest

ASTANA – Kazakh singer Dauren Orazbekov, known as Adam, took second place at the International Slavic Bazaar 2016 music contest in Vitebsk, Russia. Adam was satisfied with his result and his award, which included a $15,000 prize that he plans to spend on his wedding this fall. “Slavic Bazaar is a contest, a festival where…

PM Massimov Comments on Use of National Fund

ASTANA – Member of the Finance and Budget Committee of Mazhilis Yekaterina Nikitinskaya asked Prime Minister Karim Massimov about the National Fund’s savings during a June 17 joint session of the Parliament and members of the government. According to the prime minister, the budget expenditures due to the high state presense in the Kazakh economy…

Arnasai Village in Akmola Region Goes Green

The Coalition for Green Economy together with G-Global and the Akbota Fund have presented May 11 the new social project Arnasai-the Green Valley, reported the press service of the coalition. The ceremony was organised by the National Academy for Green Technologies. The project seeks to demonstrate the efficiency of resource and energy saving technologies in…

Astana Opera Stages Puccini’s Famous ‘Madame Butterfly’

ASTANA – One of Giacomo Puccini’s greatest operas, “Madame Butterfly,” was staged at the Astana Opera April 15-16 within the framework of the Year of Italian Culture in Kazakhstan. The opera tells the story of young Japanese geisha Cio-Cio-San, also known as Madame Butterfly, who decided to change her traditions and beliefs in order to…

Deputy PM Nazarbayeva Briefed on Transition to Academic Freedom

ASTANA – Kazakh Deputy Prime Minister Dariga Nazarbayeva, while recently visiting social objects of the capital city, commented on the transition of universities to academic freedom. Nazarbayeva visited Saken Seifullin Agro-Technical University, where she met professors of educational institutions located in Astana and discussed international accreditation issues, as well as employment opportunities for graduates. “The…

Vivaldi’s Masterpieces to be Performed at Astana Opera

The masterpieces of great Venetian composer, conductor and violinist Antonio Vivaldi will be performed in the Baroque Hall of the Astana Opera Theatre on March 29. The concert is organised as part of the Music Salon programme, which has recently gained big popularity in Astana. “The success of the Eight Seasons of the Year music…

Economy Minister Discusses Oil Sector with Parliament, Says Petrol Prices Stable

Minister of National Economy Yerbolat Dossayev addressed the state of the country’s oil sector in remarks to Parliament, saying petrol prices in the country are stable. “Indeed, after the deregulation, the AI-92 gas price hasn’t been reduced. However, in light of the transition to a free-floating exchange rate of the tenge, the price didn’t go…

Minister of Agriculture Proposes Measures to Protect Domestic Market

ASTANA – The Mazhilis (lower house of Parliament) held Nov. 9 a governmental hour on the topic of improving the efficiency of subsidisation in the agricultural complex. Minister of Agriculture Assylzhan Mamytbekov declared the need to strengthen measures of protecting the internal market. “We consider deregulating prices for food necessary. Unfortunately, today we force agricultural…

Kazakh Singer Wins Second Place in International Contest

ASTANA – Kazakh singer Ademi recently captured second place and the Audience Award at the international contest New Wave in Sochi, Russia. This year the competition attracted 15 finalists from Armenia, Belarus, Bulgaria, Croatia, Greece, Indonesia, Italy, Kazakhstan, Latvia, Ukraine, Switzerland and Russia. Kazakhstan was represented by Dinara Kairova, also known by her stage name…

EAEU Bank Chiefs Discuss Currency Policy in the Region

ASTANA – An advisory board on the monetary policy of the central banks of Customs Union and Single Economic Space member states recently reviewed the economic situations in those countries, the TASS Russian News Agency reported Sept. 26. Representatives of Eurasian Economic Union (EAEU) states met at the educational and research centre of Armenia’s Central…

Private Investment in National Housing Savings Bank Won’t Hurt Existing Depositors, Says Bank

ASTANA – New private investment in the Housing Construction Savings Bank of Kazakhstan will not negatively impact the existing deposits of Kazakh citizens, the bank announced in a recent press release. “The bank will only benefit after a new partner appears. It is about new investments, additional injections, newer technology and information technology services. Meanwhile,…

Energy Ministry Decreases Five-Year Oil Production Forecast

The Kazakh Ministry of Energy has decreased its oil production forecast through 2020 by 11.5 percent. The new forecast has production reaching 92 million tonnes in 2020. “Oil production will reach 77 million tonnes in 2016 and 92 million tonnes in 2020, which is less than the amount of 3.8 million tonnes and 12 million…