News
Kazakhstan’s Economy Grows 6.4% in 2025 as Government Reviews Inflation and Growth Risks
3+ hour, 16+ min ago (154+ words) By Ayana Birbayeva in Business, Editor's Picks on 26 December 2025 ALMATY " Kazakhstan's economy expanded by 6.4% in the January-November 2025 period, Prime Minister Olzhas Bektenov said at a Dec. 25 meeting of the Economic Policy Council, where officials reviewed measures to sustain growth, curb…...
New Year’s Table to Cost Kazakh Families Around US$ 136
6+ day, 6+ hour ago (391+ words) By Aiman Nakispekova in Nation on 20 December 2025 "If we take 37 basic food items typically purchased for a New Year's basket, including two hot dishes such as chicken and meat, the total now comes to around 70,000 tenge. Some products have become…...
Kazakh National Bank Keeps Base Rate at 18% Amid Persistent Inflation Pressures
4+ week, 2+ hour ago (526+ words) By Ayana Birbayeva in Business, Editor's Picks on 28 November 2025 ALMATY " The Monetary Policy Committee of the National Bank of Kazakhstan (NBK) has decided to keep the base rate unchanged at 18%, citing updated macroeconomic forecasts and a continued balance of inflationary…...
Kazakhstan Projects 5.4% GDP Growth in 2026 as Government Unveils Budget Framework
1+ mon, 5+ day ago (681+ words) in Business, Editor's Picks on 20 November 2025 ALMATY " Kazakh government expects the national economy to expand by 5.4% in 2026, according to projections presented in the Senate, an upper chamber of Parliament, on Nov. 20, as Deputy Prime Minister " Minister of National Economy Serik…...
Kazakhstan’s Inflation Slows to 12.6% in October
1+ mon, 3+ week ago (245+ words) By Dana Omirgazy" in Business on 5 November 2025 ASTANA " Kazakhstan's annual inflation rate slowed for the first time this year, reaching 12.6% in October compared to 12.9% in September. Monthly inflation also declined sharply, to 0.5% from 1.1% a month earlier, the lowest rate since…...
Can Kazakhstan’s 18% Base Rate Strike Right Balance?
1+ mon, 3+ week ago (790+ words) By Aiman Nakispekova in Business, Editor's Picks on 4 November 2025 ASTANA " The National Bank of Kazakhstan (NBK) has raised the base rate from 16.5% to 18% in October, marking the second sharp monetary tightening this year. The move underscores growing concerns about accelerating…...
Excess Liquidity Drives Inflation in Kazakhstan, Says National Bank Governor
2+ mon, 3+ day ago (245+ words) By Ayana Birbayeva in Nation on 23 October 2025 ALMATY " Rising prices in Kazakhstan are primarily driven by excessive liquidity in the economy, said the National Bank of Kazakhstan (NBK) Governor Timur Suleimenov on the sidelines of an Oct. 22 Mazhilis (lower house…...
Countering Inflation Demands Balanced Approach, Says Expert
3+ mon, 2+ week ago (612+ words) By Nagima Abuova in Editor's Picks, Nation on 9 September 2025 ASTANA " President Kassym-Jomart Tokayev described high inflation as the country's most pressing challenge in his Sept. 8 address and urged the government and the National Bank to act as one team, a…...
National Bank of Kazakhstan Keeps Base Rate at 16.5%
3+ mon, 4+ week ago (251+ words) By Dana Omirgazy in Business on 29 August 2025 ASTANA " The Monetary Policy Committee of the National Bank of Kazakhstan has decided to keep the base rate unchanged at 16.5% per annum with a corridor of +/-1 percentage point. The decision reflects updated forecasts…...
Kazakhstan Keeps Base Rate at 16.5%, Likely Until Year-End
5+ mon, 2+ week ago (248+ words) By Saniya Sakenova in Business on 11 July 2025 ASTANA " The Monetary Policy Committee of the National Bank of Kazakhstan (NBK) decided on July 11 to keep the base rate at 16.5%. NBK Governor Timur Suleimenov reported that it will most likely remain at…...