Kazakhstan’s Prosecutor General Reveals Details оf Investigation Into January Events
NUR-SULTAN – Kazakhstan’s Prosecutor General Berik Assylov revealed some details from their month-long investigation into the tragic January unrest during the March 14 plenary session of the Majilis, a lower house of the Kazakh Parliament. The official request was submitted by the deputies of the Zhana Kazakhstan (new Kazakhstan) group demanding an explanation for why…
Kazakhstan’s Oil Production Grows 14 Percent Over Year
NUR-SULTAN – Oil production in Kazakhstan increased by 14 percent over the year with daily production reaching 1.7 billion barrels of oil, according to the latest report published by energyprom.kz. Kazakhstan produced 6.7 million tons of crude oil in January, 14.2 percent more than a year earlier. By region, the largest volume of production is…
Kazakhstan Renders Medicines to Ukraine Worth $2.2 Million
NUR-SULTAN – Kazakhstan will provide Ukraine with a batch of 25 medicines worth US$2.25 million, after the decision of the country’s Commission on International Humanitarian Aid which the Kazakh government announced on their official Telegram channel on Wednesday. The humanitarian aid weighs 82 tons. Its delivery is now being considered by the government because the…
U.S. Embargo on Russian Oil Will Not Affect Kazakhstan’s Caspian Pipeline Consortium, Says U.S. Treasury Department
NUR-SULTAN – The U.S. embargo on Russian oil will not affect the Caspian Pipeline Consortium that delivers Kazakh oil to global markets via Russia, said the U.S. Department of Treasury. On Tuesday, U.S. President Joe Biden banned the import of Russian oil, liquefied natural gas, and coal to the United States, among other measures taken…
Turkish Vice President Fuat Oktay Pays Working Visit to Kazakhstan to Reaffirm Political and Cultural Commitments, Boost Economic Cooperation
NUR-SULTAN – Turkish Vice President Fuat Oktay went on a working visit to Kazakhstan on March 4, meeting President Kassym-Jomart Tokayev and attending the business forum to boost economic ties, reports the Akorda press service. During their meeting in the Akorda, President Tokayev and Fuat Oktay discussed the prospects for the development of the Kazakh-Turkish…
Kazakhstan Should Not Delay Further Economic Reforms, Says Sir Suma Chakrabarti
NUR-SULTAN – Kazakhstan cannot afford to delay further economic reforms and should think of different approaches to its economic development as the full realization of the impact of Western sanctions on Russia is yet to come, said Sir Suma Chakrabarti, Adviser to the President of Kazakhstan on economic development and effective governance, in an exclusive…
S&P Affirms Stable Outlook for Kazakhstan’s Sovereign Credit Rating
NUR-SULTAN – Standard & Poor’s international rating agency affirmed Kazakhstan’s ‘BBB-/A-3’ foreign and local currency sovereign credit ratings and maintained the stable outlook, according to the agency’s March 4 release. A strong fiscal position, significant external reserves, favorable situation in the oil market are credit rating supporting factors. At the same time, the availability of…
OPEC+ Agrees to Stick to Steady Oil Production Increase
NUR-SULTAN – OPEC (Organization of the Petroleum Exporting Countries) and non-OPEC partners, an energy alliance known as OPEC+, agreed to stick to the existing oil production plan during their 26th ministerial meeting on March 2, reports the organization’s press service. Kazakhstan was represented by Energy Minister Bolat Akchulakov. The alliance, which includes Russia, has agreed…
No Region in Red Zone As Epidemiological Situation Stabilizes in Kazakhstan
NUR-SULTAN – No region in Kazakhstan is currently in the high-risk red zone, as the overall epidemiological situation has stabilized. As of March 2, only the North Kazakhstan Region is in the moderate risk yellow zone, while all other regions are in the low-risk green zone. Kazakhstan reported 1.3 million coronavirus cases and 88,156 coronavirus…
Kazakh Government Prepares for Adverse Consequences For Its Economy From Anti-Russian Sanctions
NUR-SULTAN – The Kazakh government began implementing its joint action plan with the country’s National Bank to mitigate the adverse effects on its economy stemming from the Russia-Ukraine conflict, reports the Kazakh Prime Minister’s press service. Having close economic ties with Russia, Kazakhstan is preparing for the negative impact of the Western sanctions imposed on…
President Tokayev Participates in Extraordinary Congress of Amanat Party, Urges Russia and Ukraine to Reach Agreement
NUR-SULTAN – Kazakhstan’s ruling party convened an extraordinary meeting on March 1, where the party members voted for a new name and discussed new stages of political modernization. By vote, the party’s name was changed from Nur Otan to Amanat, which in Kazakh means the legacy of ancestors and a mandate for future generations. “I…
Diplomatic Efforts Help Kazakh Citizens Return from Ukraine
NUR-SULTAN – The Feb. 28 evening was tense with emotions running high at the Almaty international airport, where families and friends were ready to greet their loved ones returning from Ukraine on the first repatriation flight that brought 175 Kazakh citizens home. The journey was long and exhausting and sometimes quite dangerous, but the idea…
Kazakh Government, National Bank Prepare Anti-Crisis Plan to Address Negative Impact on Economy
NUR-SULTAN – The Kazakh government and the National Bank have prepared an anti-crisis plan to mitigate the negative impact on the country’s economy stemming from the Russia-Ukraine conflict, reports the Kazakh prime minister’s press service. A set of anti-crisis measures is aimed at supporting financial stability after the country’s national currency tenge lost its value…
President Tokayev Discusses Future of Eurasian Integration with EAEU Heads of Government
NUR-SULTAN – President Kassym-Jomart Tokayev discussed the future of Eurasian integration among other acute issues during his meeting with the heads of the governments of the Eurasian Economic Union member states on Feb. 25, reports the Akorda press service. Armenian Prime Minister Nikol Pashinyan, Belarus Prime Minister Roman Golovchenko, Kazakh Prime Minister Alikhan Smailov, Chairman…
ADB Raises $32 Million from Second Gender Bond Issue in Kazakhstan
NUR-SULTAN – The Asian Development Bank (ADB) has raised 14 billion tenge ($32 million) from its second gender bond issue in Kazakhstan, reports the ADB press service. “This is ADB’s second gender bond in Kazakhstan tenge, adding to the brace of green bonds that we issued in 2020,” said ADB Treasurer Pierre Van Peteghem. “Raising…
Kazakh PM Reports to President Tokayev on Measures to Reduce Negative Impact on Economy From Crisis in Ukraine
NUR-SULTAN – Prime Minister Alikhan Smailov reported on the measures his government is taking to minimize the impact of the crisis in Ukraine on the country’s economy during his meeting with President Kassym-Jomart Tokayev on Feb. 24, reports the Akorda press service. The measures are aimed at maintaining the current social and economic situation in…
National Bank Makes $33 Million Currency Intervention to Dampen Tenge Volatility
NUR-SULTAN – The National Bank of Kazakhstan scaled up its currency intervention to US$33 million on Feb. 22 to dampen the volatility of the tenge, said National Bank Deputy Chair Aliya Moldabekova. “In light of sharply increased volatility and to avoid destabilizing the situation on the domestic currency market, during today’s trading the National Bank…
President Tokayev Invites Foreign Investors to Contribute to Economic Transformation and Renewal at Foreign Investors’ Council Meeting
NUR-SULTAN – President Kassym-Jomart Tokayev invited foreign investors to take part in the transformation and renewal of the country’s economic sector as it strives towards New Kazakhstan, the proposed government policy encompassing upcoming progressive political and economic reforms, reports the Akorda press service. “I think you are as much interested in real reform of the…
Epidemiological Situation with COVID-19 Stabilizing in Kazakhstan, Says Healthcare Minister
NUR-SULTAN – The epidemiological situation with COVID-19 is stabilizing in Kazakhstan, Kazakh Healthcare Minister Azhar Giniyat said at a Feb. 22 government meeting. “The epidemiological situation in Kazakhstan on coronavirus infection is stabilizing after the daily increase in incidence over the last week decreased to 1,200 cases per day, which was reflected in the rate…
Kazakhstan Removes IDC Permit Requirement for Foreign Nationals Eligible for Visa-Free Regime
NUR-SULTAN – Kazakhstan has eased the rules on crossing state borders for foreign nationals, according to the Feb. 7 decision of the interdepartmental commission (IDC) on preventing the spread of the coronavirus infection, reports the Kazakh Foreign Ministry. According to the amendments, an IDC permit is not required for foreign citizens traveling by air from…
President Tokayev to Deliver Address to Nation in March, Announce Political Reforms
NUR-SULTAN – President Kassym-Jomart Tokayev will deliver his address to the nation in mid-March, his spokesperson Berik Uali announced on Friday. The address, which usually takes place in September, is expected to announce political reforms for the near future. Tokayev is also expected to release the preliminary results of the investigation into the January events…
President Tokayev on January Events: Efforts Must Be Focused to Separate Peaceful Protesters from Criminals
NUR-SULTAN – As Kazakhstan continues its investigation into the tragic events of January, the difficult task is to figure out who were peaceful protesters and who were criminals taking advantage of the unrest, Kazakh President Kassym-Jomart Tokayev explained in an interview to the Qazaqstan TV channel on Thursday. “This is a very complicated job, everything…
Kazakhstan Investigates 181 Cases Related to Mass Riots and Terrorism During January Unrest
NUR-SULTAN – The Prosecutor General’s Office continues to investigate crimes committed during the January events with a total of 3,096 pre-trial investigations, said Yeldos Kilimzhanov, deputy head of the first services of the Prosecutor’s General Office at a press briefing late on Wednesday, Feb.16. An interdepartmental investigation team led by special prosecutors is also investigating…
Close to Nine Million People Fully Vaccinated in Kazakhstan, Risks Remain High Due to Omicron Variant
NUR-SULTAN – Nearly 8.9 million people in Kazakhstan have been fully immunized against the coronavirus infection as of Feb. 16, and 9.3 million have received at least one dose, according to the Ministry of Health data. The Turkistan Region and the city of Almaty lead in terms of the number of fully vaccinated, where the…
European Ambassadors Pledge Support For Building New Kazakhstan
NUR-SULTAN – The European Union member states are interested in strengthening comprehensive cooperation with Kazakhstan and consistently supporting a course of political and socio-economic modernization as part of the country’s New Kazakhstan policy, reports the Ministry of Foreign Affairs. This was reaffirmed during the meeting at the ministry on Monday that gathered the European envoys…
