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The growth of the mortgage portfolio in 2023 has halved.
In the past year of 2023, a number of important laws were adopted in Kazakhstan. Some of them have already come into force. Thus, from today, the country has begun to conduct fingerprint registration of citizens. However, this procedure is voluntary for Kazakhstanis, while foreigners and stateless persons over the age of 16 will have to submit their fingerprints whether they want to or not.
What concerns Kazakhstanis the most? Why is it cheaper to bring Chinese goods from Russia than from China? A crisis of strategic planning has emerged in Kazakhstan, and why is the plan to increase the population's income not working? These and many other questions on the country's economic agenda were discussed by Rakhim Oshakbaev with the director of the Applied Research Center "Talap", Askar Kysykov.
We are glad to announce the update and relaunch of the site openbudget.kz ! The portal is dedicated to increasing transparency and accessibility of data on the budget of Kazakhstan. Updated website OpenBudget.kz It provides users with even more opportunities to analyze budget data, which makes the process of monitoring government spending more accessible and transparent. Analytical articles and notes on public finance issues will be published periodically on the portal.
"When developing laws and various rules, financial and industrial groups and large businesses have a great influence on decision-making. This is typical for almost all countries, including developed ones. But when this happens behind the scenes, in conditions of complete legal instability, a wide field for corruption is created. In the civilized world, politics is not formed behind closed doors," Kassym-Jomart Tokayev said last spring, speaking to deputies.
A regular meeting of the economic club was held at the site of the Kazakhstan Institute for Strategic Studies under the President of the Republic of Kazakhstan, where the draft National Development Plan "Kazakhstan-2029", developed by the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan (ASPIR), was discussed. The Agency has done a lot of work on the formation of this strategy, however, experts expressed interest in reviewing and finalizing it.
This is the fourth paper in the Kazakhstan Economic Radar, Q2 2026 series. It presents the International Radar, based on an analysis of external reports on Kazakhstan's economy.
This is the fifth paper in the Kazakhstan Economic Radar, Q2 2026 series. It presents the Integrated Radar, which brings together the three underlying radars, compares their similarities and differences, and identifies cross-cutting responses.
The effective closure of the Strait of Hormuz became the largest oil supply disruption in history. But the global market did not go into an uncontrolled price spiral. The shock was sharp, but shorter than the most severe forecasts had anticipated. This is a story not only about oil, but also about which forecasting methods work better under conditions of war, physical supply shortage, and high uncertainty.
