Long-Term and Repayable Investments: The Government Implements Projects with Maximum Economic Effect
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Prime Minister Olzhas Bektenov, in response to questions from a Senate deputy, emphasized that borrowings should be attracted mainly for commercially attractive and cost-effective projects which, during operation, make it possible to service the debts attracted for construction by generating revenues to the budget, primeminister.kz reports.
As an example, he cited road projects that are already yielding significant returns. Last year, 48 billion tenge was received in the budget from toll roads, of which 10 billion came from foreign vehicles passing in transit. Over 10 months of the current year, 72 billion tenge has already been received, of which 17 billion came from foreign vehicles.
Olzhas Bektenov stressed that the Government will continue this work. At the same time, it is important for certain experts to take into account the overall economic effect generated by facilities built with borrowed funds.
Where a high-quality highway is laid, the level of economic activity is completely different. For some reason, it is not taken into account that along this road 50 gas stations and 100 roadside cafés have been built. This is employment, paid taxes, and all of this is economic growth. If we do not invest in such infrastructure projects, naturally, there will be no development. Therefore, in our view, those borrowings - which are attracted and spent wisely - generate a significant effect for economic development. We will take a careful approach to determining which projects to spend and attract such funds for," the Prime Minister emphasized.
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New head of Presidential Administration’s investment and trade department named
New head of Presidential Administration’s investment and trade department named,Qazinform News Agency cites Akorda.
The Head of State, Kassym-Jomart Tokayev, on Wednesday signed a decree appointing Meirzhan Baigunusov to lead the investment and trade department in the Presidential Administration.
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Tokayev discusses joint investment projects with RCC founder Igor Altushkin
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Kazakh President Kassym-Jomart Tokayev met with founder of the Russian Copper Company (RCC) Igor Altushkin on Tuesday, Qazinform News Agency reports via Akorda.
The meeting focused on delivering joint investment projects in the mining and metallurgical industry in Kazakhstan.
Kassym-Jomart Tokayev was briefed on the Russian Copper Company’s production operations in the country, plans to build processing infrastructure, as well as address social challenges in the regions of operation.
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Kazakhstan approves intelligence cooperation deal with Armenia
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The Government of Kazakhstan has endorsed a draft Agreement on military intelligence cooperation with Armenia, Qazinform News Agency reports.
To approve the attached draft Agreement on cooperation in the field of military intelligence between the Government of the Republic of Kazakhstan and the Government of the Republic of Armenia," reads the corresponding government resolution.
It is noted that the agreement was developed based on the Treaty on Friendship and Cooperation between Kazakhstan and Armenia, dated September 2, 1999.
The Parties, in accordance with the national legislation of their states and generally recognized norms and principles of international law, are to cooperate in the following areas:
- Official visits by agency heads and expert-level working meetings;
- Mutual exchange of military intelligence and expert assessments on current issues;
- Sharing information on countering international terrorism and other organizations threatening the national security interests of the Parties' states;
- Sharing and monitoring information on regional political and military developments and situations posing a threat to the Parties' states;
- Other mutually agreed-upon areas of cooperation.
The Agreement is concluded for a term of five years, after which it will be automatically renewed for subsequent five-year periods unless one of the Parties notifies the other Party in writing through diplomatic channels of its intention to terminate the Agreement no later than six months before the expiration of the current five-year period.
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President Tokayev chairs Security Council meeting to review new Security Strategy
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President Kassym-Jomart Tokayev on Monday held a meeting of the Security Council, focusing on the outcomes of the National Security Strategy for 2021-2025, Qazinform News Agency reports via Akorda.
During the meeting, a report was made by the Government on the achievement of key indicators, as well as information was presented by heads of government agencies concerned regarding key areas.
The Head of State highlighted the need to further address issues of public, economic, ecological, water, and food security in the context of the geopolitical situation.
Additionally, the meeting reviewed the draft of the National Security Strategy of the Republic of Kazakhstan for 2026-2030. The Strategy is intended to become one of the key components of the state planning system, outlining the main approaches to addressing major challenges expected over the upcoming five-year period.
At the meeting, Deputy Prime Minister and National Economy Minister Serik Zhumangarin presented information on priorities, target indicators, and mechanisms for managing strategic risks in the medium term.
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Kazakh President awards Yervand Ilyinsky Kazakhstannyn Yenbek Yeri title
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Legendary mountaineer Yervand Ilyinsky was awarded Kazakhstan’s highest honor, Kazakhstannyn Yenbek Yeri title, Qazinform News Agency learnt from the Akorda press service.
President Kassym-Jomart Tokayev warmly welcomed Yervand Ilyinsky at the Akorda Palace, calling him a true legend of Kazakh and world mountaineering.
Thanks to your tremendous efforts and professionalism, the sky-blue flag of Kazakhstan has flown proudly atop the most inaccessible peaks of the planet. You became the first Kazakh to join the prestigious Seven Summits club, and under your leadership, Kazakhstan’s team was the first in the world to conquer all 14 eight-thousanders. You founded the Kazakh school of mountaineering, which has become a global brand, and trained more than 100 masters of sport, including international-class athletes and champions," Kassym-Jomart Tokayev said.
The President highlighted Ilyinsky’s role as a mentor who raised generations of elite climbers and contributed greatly to the development of sports and public life in Kazakhstan.
Earlier, the Head of State signed a decree awarding Yervand Ilyinsky the title for his outstanding achievements in mountaineering, his contribution to sports development, and active civic engagement.
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EAEU heads of government convene in Shymkent
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Kazakh Prime Minister Olzhas Bektenov chaired a narrow-format meeting of the Eurasian Intergovernmental Council in Shymkent, Qazinform News Agency reports, citing the Government of Kazakhstan.
The meeting was attended by Prime Minister of Belarus Alexander Turchin, Chairman of the Cabinet of Ministers and Head of the Presidential Administration of Kyrgyzstan Adylbek Kasymaliev, Prime Minister of Russia Mikhail Mishustin, Deputy Prime Minister of Armenia Mher Grigoryan, and Chairman of the Eurasian Economic Commission Board Bakytzhan Sagintayev.
This year, Kazakhstan presides over the Eurasian Economic Union bodies. In his address to the heads of state of the EAEU Member States, President Kassym-Jomart Tokayev of Kazakhstan outlined the key priorities of our presidency: the use of artificial intelligence as a new tool for developing economic integration, creating a barrier-free environment, and expanding the geography of trade. I am certain that through joint efforts, we will be able to give an additional boost to the integration processes," emphasized Olzhas Bektenov.
During the session, participants exchanged views on the further development of trade and economic relations, as well as cooperation in the fields of digital technologies and artificial intelligence. It should be noted that the session was held on the eve of the Digital Qazaqstan 2026 International Digital Forum, themed "Industry 5.0: The Power of Interaction," which also contributes to deepening multilateral dialogue.
Special attention was paid to the Kazakh President's initiative on the responsible development of artificial intelligence within the EAEU, as well as to the prospects for further economic development of the countries and improving the efficiency of industries as a whole. The parties noted that AI technologies help speed up logistics processes, enhance transparency, and shape more efficient digital supply chains.
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