Articles by Assel Satubaldina

Kazakhstan to Accept More International Flights as Epidemiological Situation Stabilises

NUR-SULTAN – Kazakhstan’s commission on the fight against coronavirus allowed for an increase in the number of international flights, reported the Kazakh Civil Aviation Committee.  Starting Feb. 24, there will be more flights from Kazakhstan to Kyrgyzstan, Ukraine, and Uzbekistan.  Almaty-Tashkent-Almaty flights will be increased from four to eight per week and operated by Air…

More than 50,000 Citizens Participate in Enbek Employment Program in January

NUR-SULTAN – Kazakhstan’s Enbek state program covered 52,400 people in January, getting 49,300 of them employed, reported the Kazakh Ministry of Labour and Social Protection of Population.  The country’s Enbek (labour) program addresses the unemployment problem by offering training, retraining, grants and loans that subsequently help its participants in finding jobs.  In 2020, 649,000 participated…

No Region Left Behind in Red Zone, as Epidemiological Situation Stabilises in Kazakhstan

NUR-SULTAN – No region in Kazakhstan is currently in the high risk red zone. Only the Kazakh capital of Nur-Sultan, as well as Akmola, Pavlodar, West Kazakhstan, and Kostanai regions are in the moderate risk yellow zone.  All other regions in the country are in the green zone.  “The country’s epidemiological situation has stabilised. Many…

Kazakh Government Signs Agreement to Coordinate Macroeconomic Policy for Next Three Years

NUR-SULTAN – The Kazakh government, the National Bank, and the Agency for Regulation and Development of Financial Markets signed an agreement on coordination of macroeconomic policy measures for the next three years, the Kazakh Prime Minister’s press service reported.  “Improving living standards and the well-being of the population is the main priority of the country’s…

Fitch Affirms Kazakhstan at ‘BBB’ Rating, Outlook Stable

NUR-SULTAN – The Fitch credit rating agency affirmed Kazakhstan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’ with a stable outlook.  The report noted the country’s strong fiscal and external balance sheets along with accumulated oil revenues. External and fiscal buffers showed good performance against coronavirus and oil price shocks.  “Large sovereign external buffers are…

45-Foot Ice Volcano Goes Viral in Kazakhstan, Attracts Tourists (Video)

NUR-SULTAN – With winter destinations already abundant in Kazakhstan, one more spot can be added to the tourist map. A 14-metre ice volcano in the Almaty region has become a popular sight among locals despite the four-hour drive from Almaty.   The ice tower is located in the Kegen district between the Kegen and Shyrganak villages.…

Kazakh Foreign Minister, OSCE Senior Officials Address International Conference Commemorating Astana 2010 Summit

NUR-SULTAN – Deputy Prime Minister – Minister of Foreign Affairs of Kazakhstan Mukhtar Tileuberdi, OSCE Chair Ann Linde and OSCE Secretary-General Helge Schmid opened an international conference commemorating the historical significance and relevance of the OSCE Summit hosted by Nur-Sultan (then Astana) in 2010 and the Astana Declaration. The event was organized by and held…

Projects Worth $3.3 billion Planned in Shymkent Over Next Five Years

NUR-SULTAN – Over the next five years, the Shymkent authorities are planning a pool of 123 investment projects worth 1.36 trillion tenge (US$3.3 billion) that are expected to create 11,500 jobs, reported the Kazakh Prime Minister’s press service. Kazakh Prime Minister Askar Mamin visited the cities of Shymkent and Turkestan Feb. 17 as part of…

Freedom of Expression is the Constitutional Right of Every Citizen, Says Tokayev

NUR-SULTAN – Freedom of expression is a constitutional right of every citizen, said Kazakh President Kassym-Jomart Tokayev at a virtual meeting with the country’s Prosecutor General office, reported the Akorda press service.  “Since last year, Kazakhstan has had a fundamentally new law on peaceful assemblies, which introduced a notification system to organise rallies instead of…

ADB Raises $20 Million from First Gender Bonds in Kazakhstan

NUR-SULTAN – The Asian Development Bank has raised nearly 8.4 billion tenge (US$20.1 million) from the first gender bonds issued in Kazakhstan, reported the bank’s press service.  The funds will help finance ADB’s Promoting Gender Equality in Housing Finance project meant to expand lending operations of Kazakhstan’s Otbasy Bank and promote affordable mortgage loans to…