Policy

SME Inspection Moratorium Proposed

President Kassym-Jomart Tokayev proposed a three-year moratorium on inspections of small and medium-sized enterprises beginning January 1, 2027, during his state-of-the-nation address on October 28.

In focus

Technology

Drone Industry Targeted for 2029

Kazakhstan aims to build a domestic drone industry by 2029, covering local manufacturing, a unified digital flight management platform and workforce training, the Ministry of Artificial Intelligence and Digital Development reported on October 27.

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Policy

SMR Talks with United States

Kazakhstan and the United States discussed prospects for peaceful nuclear energy use, small modular reactor development and scientific cooperation, the Agency for Atomic Energy reported.

Infrastructure

KZT6.5 Trillion Infrastructure Plan

President Kassym-Jomart Tokayev said about 6.5 trillion tenge would be allocated from the National Fund by the end of 2029 for a large-scale infrastructure modernization plan.

Finance

KazAvtoZhol $700M Bank Deal

National road operator KazAvtoZhol signed a loan agreement worth up to $700 million with a consortium of Halyk Bank, Bank CenterCredit and Eurasian Bank to support road infrastructure financing.

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Finance

Moody's lifts FCC to B1

Moody's Ratings raised the corporate family rating of Kazakhstan's state-owned grain trader Food Contract Corporation to B1 from B2 on 27 October 2026, maintaining a positive outlook.

Policy

City development plans mandated

President Kassym-Jomart Tokayev said on 28 October 2026 that every major city in Kazakhstan should have a medium and long-term development plan approved by the Government.

Technology

Digital economy push

President Kassym-Jomart Tokayev said on 28 October 2026 that Kazakhstan must build a digital economy and instructed the Government to create a simplified regulatory framework for digital employment by the end of the year.

Trade

Dushanbe economic talks

The 20th Meeting of the Tajikistan-Kazakhstan Intergovernmental Commission on Economic Cooperation is scheduled to take place in Dushanbe on 27 October 2026, according to Khovar.

Markets

Food prices decline again

Food prices in Kazakhstan declined for a second consecutive month, a government meeting chaired by Minister of National Economy Serik Zhumangarin was told, according to 24.kz.

economy

Fuel Export Ambitions

Kazakhstan aims to meet domestic petroleum demand fully and begin exporting finished fuels to Central Asian neighbours by 2030, with plans to double the Shymkent refinery's capacity from six million to 12 million metric tons annually.

In focus

Finance

Debt Servicing Burden

Kazakhstan allocates 11.1% of government expenditure to net interest payments on public debt, equivalent to 3.8% of GDP, exceeding the OECD average of 4.9% and the US figure of 10.7% despite public debt of only about 22% of GDP.

Business

Growth Since 2019

Speaking at a 23 October 2026 Republic Day ceremony, President Kassym-Jomart Tokayev said Kazakhstan's economy has grown 30% since 2019 and GDP per capita has surpassed $15,000.

Regions

Shymkent plans Temir metals zone

Shymkent will create a new industrial zone called Temir dedicated to metallurgical firms, as its eight existing zones are about 90% occupied, First Deputy Akim Aidyn Karimov said during Prime Minister Olzhas Bektenov's working trip to the city.