The World Bank Board of Executive Directors on February 15 endorsed an adjusted approach to support the people of Afghanistan. “Approach 3.0” will deploy funds from the International Development Association (IDA) through grants to United Nations agencies and other public international organizations. These funds will continue supporting basic services nationwide, particularly those benefiting women, and
The European Bank for Reconstruction and Development (EBRD) on February 14 said it has invested $41.99 million into shares of Kazakhstan’s flagship carrier, Air Astana, supporting the country’s first partial privatisation through an initial public offering (IPO). The EBRD’s investment represents a 5 per cent shareholding in Air Astana. The shares will be listed on both the London
During his official visit to Qatar on February 14, Kazakhstan President Kassym-Jomart Tokayev held talks with Amir of Qatar Sheikh Tamim bin Hamad Al-Thani and participated in the Kazakhstan–Qatar Investment Roundtable in Doha. During his talks with the Amir of Qatar, Tokayev expressed his firm belief that in the near future Qatar will become one
On February 12, President of Kazakhstan Kassym-Jomart Tokayev met with Nikolai Podguzov, the chairman of the Eurasian Development Bank’s (EDB) Management Board. Podguzov informed President Tokayev about the Bank’s plans and said that the EDB’s annual investment in Kazakhstan’s economy has exceeded $1 billion for the second consecutive year, the EDB’s press service reported. The EDB
Kyrgyzstan and Turkey have signed a contract for the export of 400 tons of walnuts from the Kyrgyz Republic. The first batch of walnuts will be exported to Turkey on February 15, the Kyrgyz Ministry of Economy and Commerce said. The contract comes as a result of the Kyrgyz-Turkish business forum held in the Turkish
On February 9, the new Prime Minister of Kazakhstan, Olzhas Bektenov, held a Government meeting on the implementation of instructions of the Head of State Kassym-Jomart Tokayev announced at an expanded Government session on February 7. Bektenov emphasized that state budget expenditures must be clearly prioritized with an emphasis on obtaining full economic returns, and
The recent developments in Kazakhstan, with the appointment of Prime Minister Olzhas Bektenov and the subsequent meeting chaired by President Kassym-Jomart Tokayev, signal a proactive stance towards addressing economic challenges. President Tokayev’s emphasis on achieving a GDP growth target of 6% annually and increasing the economy to $450 billion by 2029 demonstrates a commitment to
Ambassador of Kazakhstan Viktor Temirbayev on February 6 visited the largest city of Northeastern Bulgaria and the “maritime capital” of the country – Varna. During the meeting with the Mayor of Varna, Blagomir Kotsev, the parties noted the important role of interregional cooperation in the progressive development of trade, economic, cultural and humanitarian ties, and also
One day after appointing a new prime minister, Kazakhstan President Kassym-Jomart Tokayev on February 7 chaired an extended meeting of the Government. The meeting was attended by the new Prime Minister Olzhas Bektenov, Government ministers, the chairman of the National Bank, governors of the regions, and mayors of the country’s three largest cities of Astana,
In the wake of the recent accident at the Bishkek thermal power plant, Kazakhstan and Kyrgyzstan have once again showcased their strong and amicable relationship. Following the explosion at the power plant on February 2, which resulted in significant damage and disruption to the supply of hot water and heat in parts of the capital
Olzhas Bektenov, the head of the presidential administration, has been named as the new Prime Minister of Kazakhstan. Bektenov was nominated for the post by Kazakhstan’s ruling Amanat party on February 6. On the same day, Bektenov’s candidacy was presented to the Kazakh parliament, the Majilis, at a plenary session attended by President Kassym-Jomart Tokayev.
The United States Agency for International Development (USAID) has reaffirmed its dedication to advancing women’s empowerment in the information technology (IT) sector in Central Asia. On February 5, USAID partners gathered at the IT Park in Tashkent, Uzbekistan, to celebrate the achievements of women in technology and the impact of the Tumaris.Tech and FoundHer initiatives,
The Kazakh presidential press service said on February 5 that the Central Asian nation’s President, Kassym-Jomart Tokayev, accepted the government’s resignation and appointed First Deputy Prime Minister Roman Sklyar as acting prime minister. According to the presidential decree, the government will continue its duties until the cabinet’s new staff is approved. No reason for the
Kazakhstan increased the supply of electricity from its Zhambyl power plant to neighboring Kyrgyzstan following an explosion at the Bishkek thermal power plant on February 2. Three workers of the power plant were seriously injured in the explosion, which caused the plant’s breakdown and left parts of the capital city without hot water and heat.
Kazakhstan ranks 8th in the world in the development of online services. In 2023, 50 million services were provided online and citizens received 92% of services without leaving their homes, the Minister of Digital Development, Innovations and Aerospace Industry of Kazakhstan, Bagdat Musin said, summing up the results of Digital Almaty-2024 forum held last week.
A meeting of the Eurasian Intergovernmental Council was held in Almaty on February 2, attended by heads of government of the Eurasian Economic Union (EEU) member countries — Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia. Kazakhstan Prime Minister Alikhan Smailov reminded that this year marks the 10th anniversary of the signing of the EEU Treaty. Today
The first SCO Digital Forum was held on February 1 in Almaty, gathering the heads of ministries and agencies of the Shanghai Cooperation Organization (SCO) member states responsible for the development of information and communication technologies. The SCO includes China, India, Kazakhstan, Kyrgyzstan, Russia, Pakistan, Tajikistan, and Uzbekistan. In his welcoming remarks at the forum,
Kazakhstan and Kyrgyzstan have agreed to speed up the issue of opening an additional checkpoint for freight vehicles on the Kazakh-Kyrgyz border, as well as to strengthen cooperation in the water and energy sector. This was the result of the meeting between the Prime Minister of Kazakhstan, Alikhan Smailov and the Chairman of the Cabinet
On February 1, the Ministry of Foreign Affairs of Uzbekistan hosted a presentation of ongoing and planned US grants in the area of economic development. The event, organized together with the US Embassy in Tashkent, was attended by Deputy Minister of Foreign Affairs of Uzbekistan Muzaffar Madrakhimov, Director of the US Agency for International Development
Afghanistan’s acting Minister of Defense, Mawlawi Mohammad Yaqoob Mujahid, met with Abdulsalam Azizov, the head of Intelligence and Border Services of Uzbekistan, to discuss border issues, strengthening bilateral relations, and economic and transit cooperation, Afghan broadcaster TOLOnews reported on February 1. At the meeting, the Afghan minister said that the Islamic Emirate’s security forces are
