Traditionally, on July 6, Kazakhstan celebrates Capital Day. Our capital is one of the fastest growing cities in the world. The Nur-Sultan city has undergone a transformation from
Traditionally, on July 6, Kazakhstan celebrates Capital Day. Our capital is one of the fastest growing cities in the world. The Nur-Sultan city has undergone a transformation from
Small and medium-sized businesses account for 29.5% of the country’s total production volume, while about 3.4 million people are employed in this area. In the context of the
The ongoing crisis caused by the Coronavirus pandemic has shown how interconnected the economies of different countries with a commodity focus are. Now a ton of flax costs
During the growing crisis due to the Covid-19 pandemic, the relevance of the return of capital illegally exported from Kazakhstan increased. Over the years of independence, its volume
March business activity index fell to multi-year lows. Entrepreneurs note a worsening situation in all real sectors of the economy. Even e-commerce does not allow businesses to contain
The share of oil in the cost of gasoline is only 11-14%, so its cheapening slightly affects the retail cost of fuel. Nevertheless, prices will increase in the
But even in this situation, the accumulated international reserves of Kazakhstan will allow supporting the national economy for 15 years. That is, Kazakhstan has great potential to survive
Under the state of emergency in the country caused by the coronavirus pandemic, the most important issues for stabilizing the economy were support measures for SMBs and the
Now the industry’s profitability is about 45 billion tenge. In the structure of GDP, light industry forms 0.2%, while domestic enterprises cover the consumer market by only 7%.
About 30% of sector profitability is lost due to high costs and low digitalization. For example, depreciation for certain types of transport infrastructure takes from 40% to 100%,