Amid mounting short-term economic challenges, states must not lose sight of the need to position themselves to thrive in a changing world, writes Aset Irgaliyev, chairman of Kazakhstan’s Agency for Strategic Planning and Reforms.
Asia-Pacific
Latest articles from Kazakhstan


Roman Vassilenko: a change in outlook for Kazakhstan
January 2, 2020The deputy minister of foreign affairs of Kazakhstan explains the country’s developing relationship with the EU, its partnerships with China, and its plans to diversify its economic output.

Kazakhstan opens up to new ideas
January 2, 2019Kazakhstan has bold ambitions to become not just a strong regional player, but one of the world's top economies in the next 30 years. Kimberley Long looks at how it intends to achieve this goal.

Finance minister looks to safety in diversity for Kazakhstan economy
May 19, 2018The 2014 oil price drop saw Kazakhstan go from stellar success story to global underperformer. Bakhyt Sultanov, the country's deputy prime minister and minister of finance, talks to Adrienne Klasa about its comeback strategy, which includes major infrastructure investment and positioning itself as a regional trade hub.

Kazakhstan's wait for a Belt and Road boom goes on
April 3, 2018China and Kazakhstan have signed many agreements for the Belt and Road Initiative but tangible projects have yet to materialise. Chinese investors blame red tape, while Kazakhs express concern over land reforms and the environment, as Nikkei Asian Review contributing writer Naubet Bisenov reports.

Tough talk from Kazakhstan’s central bank governor
December 1, 2016Kazakhstan’s central bank governor outlines his strategy to Nick Kochan, which include a free-floating tenge, tackling high dollarisation levels and non-performing loans.

The sovereign wealth fund behind Kazakhstan's privatisation drive
November 1, 2016Kazakhstan’s reorganised sovereign wealth fund is spearheading the privatisation of the country’s major assets. Stefanie Linhardt finds out how the fund is planning to make privatisation pay for the Kazakh economy.

Will China's New Silk Road progress smoothly?
September 1, 2015China's One Belt, One Road initiative – building a new Silk Road between western Europe and China's east coast as well as improving the Maritime Silk Road – will be a major game changer for international trade. Stefania Palma assesses its possible impact.

Kazakhstan's banks turn a page
January 5, 2015With consolidation under way, non-performing loans finally showing a downward trend and banks readying for the implementation of Basel III, Kazakhstan’s banking sector finally appears to be in recovery mode after a difficult period.

Kazakhstan enters into the unknown
July 1, 2014International sanctions against Russia and uncertainty over commodity prices have had an impact on Kazakhstan and its banking sector. However, the country's central bank governor tells Nick Kochan of his plans to smarten up the country's financial landscape, starting with targeting unacceptably high NPL levels.