Articles by Assel Satubaldina

IMF Sees Inflation Staying Elevated, Urges Kazakhstan to Maintain Tight Monetary Policy

ASTANA – Kazakhstan’s push for investment and continued subsidized lending through state-owned enterprises is keeping the broader public sector on an expansionary path, offsetting budget tightening and fueling demand, a key reason inflation is expected to remain elevated, said Ali Al-Eyd, head of the International Monetary Fund (IMF) mission to Kazakhstan, at a Nov. 19…

Foreign Currency Sales Hit $660 Million in October

ASTANA – Sales of foreign currency from the National Fund reached $660 million in October, with the transactions accounting for 11% of overall market activity, or roughly $30 million in daily trading, the National Bank of Kazakhstan said in its monthly update. The sales helped cover transfers to the state budget and finance the construction…

Kazakhstan Takes Part in COP30 in Belém

ASTANA – Kazakhstan is participating in the United Nations Climate Change Conference in Belém, Brazil, on Nov. 10-21. Minister of Ecology and Natural Resources Yerlan Nyssanbayev leads the country’s delegation. The UN Climate Change Conferences, known as COPs, are held annually and serve as the world’s sole multilateral platform where nearly all nations come together…

Experts Stress Skills Development in Central Asia’s Booming Transport Sector

ASTANA – European officials say Central Asia’s transport expansion should go hand in hand with workforce development, as both areas are emerging as key pillars in Central Asia’s growing engagement with the European Union.  Transport has become one of the core priorities in Central Asia – EU cooperation, a focus reaffirmed at the first EU–Central…

European Training Foundation Director Talks Skills Development, Engagement with Central Asia

TURIN – Pilvi Torsti, director of the European Training Foundation, sat down for an interview with The Astana Times on the sidelines of the fourth high-level group meeting of the European Union-funded DARYA program in Turin on Oct. 30-31. She discussed the program’s key deliverables and what lies ahead. ETF is a key EU agency…

Experts Assess Stakes as Central Asia–US Summit Kicks Off in Washington D.C. 

ASTANA – The upcoming Central Asia-United States summit in C5+1 format could deliver concrete deals in critical minerals and transport, according to Ibrahim Mammadov, head of the Turkic-Western Engagement Initiative at the Danube Institute, who expects new U.S. investments to take shape in both sectors. “When assessing the importance of this summit, it is crucial…

What to Expect from C5+1 Summit in Washington This Week

ASTANA – Central Asian leaders are set to gather in Washington on Nov. 6 for a C5+1 summit with President Donald Trump, marking 10 years of U.S. engagement with the region through this platform. The summit, the second at the presidential level since the format was launched in 2015, is expected to focus on security…

Canada Looks to Expand Engagement with Kazakhstan, Builds on Shared Priorities

ASTANA – Christopher Duggan, Ambassador of Canada to Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan, describes the relationship with Kazakhstan as deeply constructive and values-aligned, noting strong convergence on multilateralism and shared global priorities, from peace and security to climate and economic resilience. In an interview with The Astana Times, he reflects on his priorities…

IOM Chief Shares Latest Data on Mobility in Kazakhstan

ASTANA – Kazakhstan now hosts over 550,000 international migrant workers, nearly 21,000 more than in January, said International Migration Organization (IOM) Chief of Mission Serhan Aktoprak as he discussed the latest Baseline Mobility Assessment during the Astana Think Tank Forum on Oct. 16. “There are over 550,000 migrant workers taking up jobs in various sectors…

Astana Marks UN Day with Orchestra Concert, Blending Kazakh Classics and Global Soundtracks

ASTANA – A full house gathered inside the main hall of the Kuanyshbayev Kazakh State Drama Theater on Oct. 17 evening in Astana, as the United Nations in Kazakhstan marked UN Day with “Music for Global Goals,” a full orchestral concert that replaced policy rhetoric with Kazakh classical depth and global soundtracks. Performed by the…

Hungarian Expert Calls for Evidence-Driven Water Diplomacy at Astana Think Tank Forum

ASTANA – Marton Krasznai, scientific director of the Center for Central Asia Research at the Corvinus University of Budapest, highlighted water diplomacy as a strategic imperative for Central Asia in his remarks to an Oct. 16 panel session at the Astana Think Tank Forum.  He reiterated that around 54–56% of Kazakhstan’s water flows originate outside…

Central Asia’s Demographic Dividend is Time-Bound Opportunity, Says UNFPA Expert

ASTANA – Central Asia’s vibrant youth population could become the region’s greatest asset or its greatest risk, hinging on coordinated policy action, said Fabio Losa, regional demographic resilience and policy adviser at the Regional Office for Eastern Europe and Central Asia of the United Nations Population Fund.  Losa warned that without strategic investment in education,…

Astana Think Tank Forum Aims to Turn Analysis Into Action, Says KazISS Director

ASTANA – The upcoming Astana Think Tank Forum, set for Oct. 15–16 in the Kazakh capital and convened by the Kazakhstan Institute for Strategic Studies (KazISS), reflects a growing ambition to turn expert debate into actionable policy blueprints.  The Astana Times sat down for an interview with Zhandos Shaimardanov, the institute’s director, to discuss how…

Decade after Paris Agreement: New Report Takes Stock of Global Progress, Spotlights Kazakhstan’s Path 

ASTANA – Ten years after the Paris Agreement, a new report from the Deep Decarbonization Pathways (DDP) Initiative takes stock of global progress. Analyzing 21 countries, including Kazakhstan,  it concludes that the agreement has spurred new approaches to climate governance and policy in these countries, but also warns that momentum has stalled.  The DDP initiative,…

UN Nuclear Ban Treaty Gets Majority of States on Board Following Kyrgyzstan’s Signing

ASTANA – The UN Treaty on the Prohibition of Nuclear Weapons now has a majority of countries as either signatories or parties, reflecting the momentum in global nuclear disarmament and non-proliferation efforts, and marking a milestone that underscores the treaty’s growing influence, even as nuclear powers remain outside it. The Kyrgyz Republic became the 99th…

From Telegram’s AI Lab to Venture Mindset: Digital Bridge Opens with Bold Ideas in Astana

ASTANA – Telegram’s new AI lab in Astana, AI as a digital worker, and a call for a venture mindset set the tone as the Digital Bridge forum opened on Oct. 2 in Astana. World leaders, including President Kassym-Jomart Tokayev and Hungary’s President Tamás Sulyok, tech leaders and professors staked out bold ideas on how…

Kazakhstan Eyes Role as Eurasian Crypto Destination, Says National Bank Official at WFC2025

ALMATY – Kazakhstan has all the potential to become a key crypto destination of Eurasia, said Binur Zhalenov, the chief digital officer at the National Bank of Kazakhstan, at the World Forum of Central Securities Depositories (WFC 2025) on Sept. 25 in Almaty. He expressed hope that the efforts of the NBK as a regulator…

Girls for Girls Program Helps Women in Central Asia Find Strength via Mentorship

ASTANA – In a world where girls and women struggle with personal doubts and societal pressures that hold them back, what makes a difference is often the helping hand of a person who has already walked that path. That’s precisely what the Girls for Girls mentorship program has been doing for three and a half…

What to Expect from UN High-Level Week in New York

ASTANA – It is this time of year when world leaders are gathering in New York for the United Nations General Assembly’s High-Level Week, an annual diplomatic marathon that sets the tone for global priorities, from peace and security to climate action and development. This year, it coincides with a particularly important occasion as the…

Kazakhstan’s Digital Tenge Project Wins Award at Global CBDC Conference

ASTANA – The National Bank of Kazakhstan (NBK) has received the Pioneering CBDC Initiative Award at this year’s CB+DC Conference, which took place on Sept. 9-11 in Nassau, Bahamas. Kazakhstan’s central bank was recognized for advancing the Digital Tenge, seen as a natural extension of the country’s growing digital finance ecosystem. The project has been…

Kazakhstan Ranks 81st in Latest Global Innovation Index

ASTANA – The World Intellectual Property Organization (WIPO) released the Global Innovation Index (GII) 2025 on Sept. 16, with Kazakhstan positioned at the 81st spot.   Published annually since 2007, the ranking uses 80 indicators – from research and development (R&D) spending, venture capital deals, to high-tech exports and intellectual property filings – to evaluate how…

Scientist Arkhat Abzhanov on Why Evolution Isn’t Over, and Challenges of Modern Genetics

ASTANA – High school textbooks may frame evolution as a thing of the past, but it is very much alive, said Dr. Arkhat Abzhanov, a Reader in Evolution and Developmental Genetics at Imperial College London and researcher at the Natural History Museum in London. “Nothing in biology makes sense except in the light of evolution,”…

Natural Gas Production Soars 9.2% in 7 months

ASTANA – Kazakhstan’s natural gas production grew by 9.2% in seven months, according to the Kazakh Energy Ministry. The ministry reports steady growth in natural gas production. In the first seven months of 2025, the country produced 17.3 billion cubic meters of gas, an increase of 1.46 billion cubic meters, or 9.2%, compared to the…

Kazakhstan’s First Gamified Eco-Trail Opens in Burabay

BURABAY – For years, the steep slopes of Bolektau, one of Burabay’s most prominent sites, have tested even experienced hikers, becoming more challenging in the winter season. Now, a new eco-trail, unveiled on Sept. 5, makes it safer to climb to the peak, while also being more playful and sustainable.  Bolektau is considered one of…

Why Safe-Haven Asset Matters and How Kazakhstan is Betting on Gold

ASTANA – Global gold demand surged 45% year-on-year in value terms to $132 billion in the second quarter of 2025, reaffirming the metal’s strong role as a safe-haven asset. Kazakhstan is aligning itself with this global trend, leveraging its gold market and substantial reserves, as experts highlight the resilience of gold amid geopolitical shocks and…