KZT in the spotlight: latest news

The Government of Kazakhstan has submitted a three-year socio-economic development forecast and the republican budget to Parliament for approval.

Kazakhstan's updated socio-economic development forecast indicates that the country's GDP is expected to grow by 5.4% by 2026.

Kazakhstan aims to eliminate its budget deficit by 2030, prioritizing sustainable fiscal policies as outlined by President Tokayev.

The Kazakh Government plans to invest 129.4 billion tenge in 2025 for the refurbishment and reconstruction of 323 kilometers of heating networks.

During a Government session led by Prime Minister Olzhas Bektenov, the forecasts for socio-economic development for the years 2026 to 2028, along with projections extending to 2035, were approved. The draft budget for this period was also discussed and endorsed.

At a recent government meeting, Kazakhstan's Deputy Prime Minister and National Economy Minister Serik Zhumangarin unveiled the country's economic development plan for 2035.

Kazakhstan's GDP is expected to increase by 5.4 percent in 2026, with an average annual growth rate of 5.3 percent projected until 2028. This growth is primarily fueled by advancements in the manufacturing and mining sectors.

Kazakhstan's Deputy Prime Minister and National Economy Minister Serik Zhumangarin announced that the country's budget revenues are projected to reach 19.2 trillion tenge by 2026.

At a recent government meeting in Kazakhstan, officials reviewed the country's socio-economic development forecast for the years 2026 to 2028, aiming for an average annual GDP growth of 5.3%.

The Kazakh government will discuss the socioeconomic development forecast for the years 2026 to 2028 as a key agenda item in today's meeting.

Kazakhstan's GDP is projected to grow by 5.4% in 2026, with an average annual growth rate of 5.3% leading up to 2028, as part of the nation's new economic strategy.