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…
