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On June 12, the United States imposed blocking sanctions against the Moscow Stock Exchange. Meanwhile, domestic experts are asking a reasonable question how sanctions against the Moscow Exchange will affect the formation of the tenge exchange rate and trade relations between Kazakhstan and Russia. And they are also afraid of a repeat of the situation in 2014, when the ruble fell to three tenge and domestic goods became not competitive. What to expect in the near future?
The Economic Development Council was established last year under the auspices of the Kazakhstan Institute for Strategic Studies under the President of the Republic of Kazakhstan (KazISS). Meetings at this venue are chaired by the Governor of the National Bank of Kazakhstan, Timur Suleimenov. The topic of the third meeting was the optimization and improvement of the efficiency of public finances to ensure the dynamic development of our country.
Today, on May 23, the deputies of the Senate considered and returned to the Mazhilis a bill on minimizing risks in lending, protecting the rights of borrowers, regulating the financial market and improving enforcement proceedings
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.
