Bi-Weekly Economic News Summary

KAZAKHSTAN - In Brief 14 Jan 2026 by Evgeny Gavrilenkov
Dec 25 Finance Ministry: The Ministry of Finance and the National Bank of Kazakhstan are teaming up to create a joint strategy for managing the country’s national debt. KMG: The company has bought Eurobonds totaling $500 million, including $250 million maturing in 2047 and $249.9 million maturing in 2048, through a tender offer. Dec 26 Ministry of Artificial Intelligence and Digital Development: Kazakhstan’s 2025 estimated exports of IT services could be up by 45% y-o-y reaching $1 bln. Dec 27 Former President: The Russian President Mr. Putin held a meeting with the first president of Kazakhstan Mr. Nazarbayev. Dec 29 Parliament: The Mazhilis, Kazakhstan’s lower house of Parliament, has passed the law “On Banks and Banking Activities in the Republic of Kazakhstan.” It aims to ease banking licensing rules by introducing basic and universal licenses, which will differ based on transaction volumes and regulatory requirements. The law also recognizes digital financial assets as a new asset class in the country and sets out related regulations for their circulation. KMG: The company and China's CITIC Construction have signed an agreement on basic principles of cooperation for construction of the Karachaganak gas processing plant. Dec 31 President: Mr. Tokayev suggested boosting cooperation among the Eurasian Economic Union (EAEU) countries in the field of artificial intelligence (AI) and signing a joint statement to promote the responsible development of AI. Jan 1 EAEU: As of January 1, 2026, Kazakhstan has taken over the chairmanship of the EAEU from Belarus. Jan 3 President: Mr. Tokayev has signed a law that lifts the general ban on civil servants engaging in entrepreneur...

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