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Reviews
2 November 2020

Kazakhstan's foreign trade turnover decreased by 12%

As of September 1, 2020, the total trade turnover of Kazakhstan amounted to 55.6 billion US dollars. At the same time, 29% of sales are in the EU


Reviews
27 May 2020

Oil Crash: Will Agriculture Become the Locomotive of Kazakhstan's Economy?

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


Reviews
29 April 2020

Gasoline price may rise by 30% to 2025

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


Reviews
22 April 2020

Kazakhstan's economy, while maintaining current oil prices, will lose from 2.3% to 2.7% of GDP per year

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


Reviews
7 April 2020

How to increase the profitability of light industry to 900 billion tenge per year?

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%.


Reviews
30 March 2020

398.3 billion tenge were earned Kazakhstan companies by cargo transportation

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%,


Reviews
25 February 2020

The development of the commercial sector is slowing down due to the increased demand of the population for housing

In 2019, the trade sector became a key driver of the growth of the national economy. However, for the third year in a row, retail growth has been


Reviews
27 December 2019

Results of 2019: support of socially vulnerable citizens from the budget provokes inflation, and enterprises lack investment and loans

In the near future, the Government and government departments will begin to summarize the activities for 2019. According to preliminary forecasts of Kazakhstan, the national economy continues to


Reviews
6 December 2019

PRODUCTION OF GASOLINE AFTER MODERNIZATION OF A REFINERY INCREASED BY 84%, DIESEL – BY 36%

After the modernization of Kazakhstan’s refineries, a surplus of gasoline is observed in the republic. At the same time, the government limited the export of oil products across


Reviews
21 November 2019

1.5 billion US dollars annually loses Kazakhstan from export of agricultural raw materials

Agriculture, forestry and fisheries account for only 4.3% of GDP. The low level of development of the sphere is associated with a lack of funding, insufficient innovative equipment,