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The statistics of the largest of them show that trillions of tenge are spent out of control.
For the past few days, pension payments from a single accumulative pension fund in Kazakhstan will be able to determine from the bottom line. As the head of the government noted, in the address of the Senators, studying the social significance of the issue, as well as the international practice on visits and visits, it is proposed to resolve the IPN pension issue from the ENPF.
Our guest is Okhonov Farhad Rashidovich, Chairman of the Board of Halyk Finance. The accumulative element of the pension system is the object of constant public criticism. One of the problems is the low investment profitability. During the period of the UAPF's existence (2013-2023), the accumulated investment yield amounted to 139.2% with accumulated official inflation of 153.8%. At the same time, during this time, the tenge exchange rate weakened by 202%.
Kazakhstan uses a modern survey instrument to assess trust and safety. Its results are substantive, but they require greater methodological transparency.
Material No. 1 in the series “School in the Age of Artificial Intelligence.” TALAP Center for Applied Research, in collaboration with Global Education Futures.
Material No. 2 in the series “School in the Age of Artificial Intelligence.” TALAP Center for Applied Research in partnership with Global Education Futures.
Everyone was watching oil, food, and aviation kerosene. But the most durable consequences of the war manifested themselves in other sectors: fertilizers, petrochemicals, aluminum, insurance, and ocean freight. This is a story about why the loudest fears do not always turn out to be the main impact.
The Gulf War passed by Kazakhstan’s export route — but not by its economy. The real blow came not through Hormuz, but through the Black Sea, the CPC, Tengiz, and the limited capacity of alternative routes. This is the story of a country for which a high oil price proved weaker than an infrastructure disruption.
The war became a test for forecasters. Almost everyone identified the key point: the risk for Kazakhstan was not in Hormuz, but in the CPC, Tengiz, and export infrastructure. But beyond that, forecasts diverged. Some focused on GDP, others on the oil price, and still others on the tenge exchange rate. Reality showed that the key variable was not the Brent price, but the country’s ability to produce, export, and monetize oil.
