Kazakhstan Sees Surge in Cashless Payments and Decline in Cash Withdrawals
Kazakhstan shows significant increase in cashless transactions and digital banking, indicating a shift towards a more efficient and convenient financial system.
Latest Kazakhstan Economy publications
in Economy / Kazakhstan,
Possibility of Adjusting Transport Tax Rates Discussed by Deputy Finance Minister
Deputy Finance Minister discusses possible revisions to transport tax rates, focusing on older vehicles in rural areas and luxury tax on high-end cars.
in Economy / Kazakhstan,
Over 943,000 People to be Employed in Kazakhstan by 2024
Over 943,000 people are set to be employed in Kazakhstan through various initiatives to boost the labor market and support job seekers.
in Economy / Kazakhstan,
Kazakhstan Boasts Highest Average Salaries in Some EAEU Sectors
Kazakhstani average salaries in certain sectors are the highest in the EAEU, with the average monthly salary in 2023 reaching $791 USD.
in Economy / Kazakhstan,
Changes in Housing Financing Rules Introduced in Kazakhstan
Amendments have been made to the Rules for financing housing construction in Kazakhstan, with Otbasy Bank now providing housing loans at very low interest rates for specific categories of individuals in need.
in Economy / Kazakhstan,
Kazakh MPs Propose Adjustments to Mobile Payment Monitoring
Members of the "Ak Zhol" faction in Kazakhstan address concerns over new measures for monitoring mobile transfers by Kazakh citizens, proposing adjustments to thresholds to support small businesses.
in Economy / Kazakhstan,
Kazakh Parliament Approves Tax Incentives for Science Investors
Members of the Mazhilis approved amendments to the Tax Code to provide tax preferences for private investors in science, aiming to stimulate investments in scientific activities and engage entrepreneurs in innovation.
in Economy / Kazakhstan,
Kokshetau Transport Prosecutor Protects Rights of Entrepreneurs
The Kokshetau transport prosecutor's office in Kazakhstan has intervened to cancel unreasonable toll road fees for over 600 carrier entrepreneurs on the Astana-Petropavlovsk highway section.
in Economy / Kazakhstan,
Regulating Coal Market: Increased Trading Leads to Cheaper Prices for Kazakh Consumers
The increase in trading on exchange platforms in the coal retail market has reduced intermediaries, providing Kazakh citizens access to cheaper coal without markups.
in Economy / Kazakhstan,
Government to Restrict Foreign Suppliers in State Procurements, Supporting Local Economy
The Ministry of Industry and Construction in Kazakhstan is preparing a draft resolution to exclude certain foreign goods from the national regime to safeguard the domestic market and support local producers.
in Economy / Kazakhstan,