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In Kazakhstan, there has been a debate for many years about whether the National Welfare Fund brings real prosperity to the country
Comments from various economists, financiers and other people from the world of "money" have already been "infused" after Tokayev's message, where he called on everyone to "live within their means." And who does he make these traditional messages for anyway? One of these about the "National Fund", from which it is "impossible" to take, has long been forgotten. And what did he say this time? It didn't work out very well for us in a completely human language, but Dima tried his best.
In one of our previous issues, we talked about the catastrophic debt burden of Kazakhstanis. Among the reasons for the current situation, experts then called the policy of banks, which in previous years were in great honor with the country's leadership, and, as a result, received gigantic financial injections. Financial institutions used it, got rich, gave these funds at interest to customers and got rich again. But it couldn't go on like this anymore.
Material No. 3 in the series “School in the Age of Artificial Intelligence.” TALAP Center for Applied Research in partnership with Global Education Futures.
Material No. 4 in the series “School in the Age of Artificial Intelligence.” TALAP Center for Applied Research in partnership with Global Education Futures.
Material No. 5 in the series “School in the Age of Artificial Intelligence.” TALAP Center for Applied Research in partnership with Global Education Futures.
This is the first paper in the Kazakhstan Economic Radar, Q2 2026 series. It explains how the radar is constructed and how it can be used.
This is the second paper in the Kazakhstan Economic Radar, Q2 2026 series. It presents the issues being discussed by the country's economic experts.
This is the third paper in the Kazakhstan Economic Radar, Q2 2026 series. It presents the Institutional Radar, based on an analysis of government economic policy.