President Tokayev urges to tackle inflation, increase citizens’ income
"What we see is a protracted regional crisis. There are fears the situation will lead to a global crisis,"
The Government and the National Bank should prioritize stabilizing the inflation and increasing the income of citizens, Kazakhstan President Kassym-Jomart Tokayev said Thursday at the extended of the Government, Kazinform correspondent reports.
While speaking at the Government’s extended session, Head of State Kassym-Jomart Tokayev pointed out that international institutes warn of a global economic slowdown followed by a spurt in inflation.
What we see is a protracted regional crisis. There are fears the situation will lead to a global crisis," President Tokayev told participants of the session.
He went on to emphasize that the Government and the National Bank should prioritize stabilizing the inflation and increasing the income of citizens. New workplaces need to be created.
Earlier the Head of State revealed that inflation had accelerated to 14,5 percent, highest since 2015.
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Kazakhstan produces over 1mn tons of meat in 11M2025
Kazakhstan’s livestock industry is showing steady growth across all key areas, Qazinform News Agency learned from the Ministry of Agriculture.
Positive dynamics is observed both in the number of farm animals and in the volume of products manufactured.
The cattle population increased by 2.7% to reach 8.3 million head. The number of calves rose to 2.8 million, which is 17.8% more compared to the same period last year.
The horse population grew by 6.9% to 4.4 million head, with 1 million foals born (an increase of 8.8%).
The number of camels rose by 6.3% to 300 thousand head, with 53.8 thousand camel calves (+5.9%).
The poultry population increased by 8.8% to 48.5 million head.
The sheep population reached 19.6 million head, with 7.7 million lambs born, showing a 5% increase.
During the reporting period, the country produced 1,021.6 thousand tons of meat of all types, which is 3% higher than in 2024. This includes: 358.8 thousand tons of beef (351.4 thousand tons in 2024), 111.8 thousand tons of mutton (109.1 thousand tons), 146.8 thousand tons of horse meat (140 thousand tons), 337.1 thousand tons of poultry meat (326.3 thousand tons), and others.
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President Tokayev Meets with Shingo Ueno, President and CEO of Sumitomo Corporation
Images | akorda.kz
President Kassym-Jomart Tokayev held a meeting with Shingo Ueno, Representative Director, President and CEO of Sumitomo Corporation, one of Japan’s largest and most influential trading and investment companies, akorda.kz reports.
The President of Kazakhstan noted that our country highly values Sumitomo’s commitment to sustainable growth and responsible business practices, and considers the company a long-term strategic partner.
In turn, Shingo Ueno informed the Head of State about the preparation of a joint project with the national atomic company Kazatomprom in the field of nuclear medicine. The project aims to develop scientifically grounded approaches to the production of medical radioisotopes from by-products of uranium manufacturing.
The interlocutors also discussed prospects for implementing joint investment projects in transportation and logistics, energy, nuclear industry, metallurgy and geological exploration.
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KazTransOil and Transneft sign agreement on transportation of kazakh oil for 2026
Images | kaztransoil.kz
KazTransOil and Transneft sign agreement on transportation of kazakh oil for 2026. A working meeting between delegations of JSC KazTransOil and PJSC Transneft was held today in Astana, kaztransoil.kz reports.
During the meeting, the parties discussed key issues of bilateral cooperation and signed an agreement for the provision of services for the transit transportation of oil through the territory of the Russian Federation for 2026.
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