Since the beginning of 2022, assets of Kazakhstan’s bank sector have decreased by $2 billion or 2.3% due to repurchase agreement operations. The loan portfolio of the sector has downsized by $1.151 billion or 2.5% which is also linked to repo transactions for $1.105 billion.
Prime Minister Alikhan Smailov has approved the new index of children’s well-being. He’s ordered the Ministry of Education and Science to monitor the index throughout the year and add the index’s results to the national status report on children.
The new mayor of Almary Erbolat Dosaev, who was appointed to the position on January 31, has authorized a rally that some residents of the city are going to organize on February 5. The only slogan of the rally is a demand to discharge the new mayor.
Galymzhan Niyazov, deputy head of the Mangystau region has been arrested by a local court for two months, according to the Interfax-Kazakhstan news agency.
The city of Shymkent that owns the Shymkent International Airport is going to sell 100% of the asset for $13.1 million. The bidding is scheduled for February 9; it’s going to be a transfer to discretionary management without a purchase option.
Galymzhan Pirmatov has been appointed to the position of chairman of the National Bank of Kazakhstan. His predecessor Erbolat Dosaev is now the new mayor of Almaty.
There is a big difference between the statistical data of Kazakhstan and China over their mutual trade. President Kassym-Jomart Tokayev believes that the difference may reach billions of dollars even though no one can explain how this could have happened. The president addressed the issue at a meeting devoted to…
Companies that rely on predatory pricing have to be cut from state procurements. President Tokayev made this statement at the meeting on fighting against corruption.
The country’s Ministry of Education and Science has published a draft rule of the government about passing over the North Kazakhstan University (NKU) named after Kozybayev under the governance of the University of Arizona (UA) as its subsidiary. The NKU is going to be under discretionary management for ten years…
Nur Otan deputies have suggested removing individual income tax for those who earn less than $276 a month. The request has already been sent to Eraly Tugzhanov, deputy prime minister of the country.
At the extraordinary meeting of Mazhilis of Kazakhstan, Erlan Koshanov has been elected as a new chairman of the lower chamber of the country’s parliament. Nurlan Nigmatulin, a former chairman has voluntarily left the parliament.
In January 2022 the US dollar become a bit cheaper in Uzbekistan and more expensive in Kazakhstan and Turkmenistan. In Kyrgyzstan and Tajikistan, there were no changes in the exchange rates.
The German airline Lufthansa is going to resume air travel from Frankfurt to Nur-Sultan and Almaty twice per week by A330 aircraft, according to the Committee of Civil Aviation.
In 2021 the cement industry of the country produced 12.65 million tons of product which is a 15.4% increase if compared to the previous year when the industry produced 11 million tons of cement. This is a new record for the industry, according to the Bureau of National Statistics’ data…