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National companies of Kazakhstan will again be obliged to sell half of foreign currency earnings. The relevant resolution was prepared by the Government and the National Bank. The measure is aimed at improving the balance of the foreign exchange market, according to the responsible persons. The dollar is getting more expensive, oil is getting cheaper and the tenge is under stress again.
In Kazakhstan, there has been a debate for many years about whether the National Welfare Fund brings real prosperity to the country
Comments from various economists, financiers and other people from the world of "money" have already been "infused" after Tokayev's message, where he called on everyone to "live within their means." And who does he make these traditional messages for anyway? One of these about the "National Fund", from which it is "impossible" to take, has long been forgotten. And what did he say this time? It didn't work out very well for us in a completely human language, but Dima tried his best.
The Center for Applied Research "TALAP" presented the findings of a series of strategic discussions and research. Experts warn: without rules and measurements, the implementation of AI in schools could exacerbate inequality and reduce the quality of basic skills.
In three years, we have become a little less afraid of our neighbors, but we still do not trust them.
China is one of the key countries that seriously affects the economic, geopolitical and cultural space of Kazakhstan. However, despite the active cooperation, the perception of China in society remains ambiguous - Kazakhstanis do not hide their fears that they will eventually become economically dependent. At the same time, the volume of Chinese investments continues to grow, reports Ulysmedia.kz .
Everyone was watching oil, food, and aviation kerosene. But the most durable consequences of the war manifested themselves in other sectors: fertilizers, petrochemicals, aluminum, insurance, and ocean freight. This is a story about why the loudest fears do not always turn out to be the main impact.
The Gulf War passed by Kazakhstan’s export route — but not by its economy. The real blow came not through Hormuz, but through the Black Sea, the CPC, Tengiz, and the limited capacity of alternative routes. This is the story of a country for which a high oil price proved weaker than an infrastructure disruption.
The war became a test for forecasters. Almost everyone identified the key point: the risk for Kazakhstan was not in Hormuz, but in the CPC, Tengiz, and export infrastructure. But beyond that, forecasts diverged. Some focused on GDP, others on the oil price, and still others on the tenge exchange rate. Reality showed that the key variable was not the Brent price, but the country’s ability to produce, export, and monetize oil.
