The construction of a submarine fiber-optic communication line (FOCL) in the Caspian Sea is set to begin in 2025, according to Kazakh Prime Minister Olzhas Bektanov.

The expected rise in the VAT rate will affect the inflation, which may increase by 4%, Deputy Prime Minister Serik Zhumangarin said.

Kazakh President Kassym-Jomart Tokayev has directed that the integration of the western region’s electric grid into the country’s unified energy system be completed by 2027.

Kazakhstan's Ministry of Energy expects a gradual increase in fuel and liquefied gas prices starting in February due to the lifting of government price caps on certain petroleum products.

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The VAT rate (value added tax) may be raised from today’s 12% to 20%, the final decision has yet to be made, Deputy Prime Minister Serik Zhumangarin said.

The government of Kazakhstan will abolish the social taxes and the mandatory pension contributions paid by the employers in exchange for raising the VAT rate, Deputy Prime Minister and Minister of ...

Kazakh President Kassym-Jomart Tokayev has emphasized the urgent need for infrastructure development to enable the broader, legal use of digital assets, helping the country’s crypto investors ...

Strategic projects with a high economic return may be financed using "long" money from the Unified Accumulative Pension Fund (UAPF), President Kassym-Jomart Tokayev said.

The new VAT rate (value added tax) will be announced in Kazakhstan no later than February 15-20, Deputy Prime Minister Serik Zhumangarin said.

Kazakh President Kassym-Jomart Tokayev has called for urgent efforts to build the infrastructure needed to unlock the country's tourism potential.

Kazakh President Kassym-Jomart Tokayev has called on the government to develop well-considered solutions to address the presence and needs of labor migrants in Kazakhstan.