Bi-Weekly Economic News Summary

KAZAKHSTAN - In Brief 23 Sep 2026 by Evgeny Gavrilenkov
Sep 11 Ministry of Justice: Enforcement proceedings to recover KZT 2.3 trillion from the operator of the Kashagan field (North Caspian Operating Company) will resume once the court returns the materials. Energy Ministry: Kazakhstan and the US will continue dialogue within the framework of the strategic energy partnership. Moody’s: The economy and the financial sector of Kazakhstan demonstrate high resilience to geopolitical shocks, despite their vulnerability to infrastructure disruptions and risks of secondary sanctions. NBK: Kazakhstan has agreed with telecom company VEON to sign a memorandum on cooperation in developing payment services and national payment infrastructure. Sep 12 President: Mr. Tokayev and the Russian President Mr. Putin held an informal meeting during the BRICS summit. Sep 13 President: Mr. Tokayev discussed the prospects for trade and economic cooperation with the Prime Minister of Ethiopia. President: Mr. Tokayev has proposed launching a BRICS+ partnership in the field of artificial intelligence (AI) to unite national AI centres. President: Mr. Tokayev pointed to the threat to cross‑border infrastructure posed by regional conflicts and called on nuclear powers to engage in dialogue. Sep 14 Government: Oil production in Kazakhstan fell by 8.4% y-o-y in 8M26. Government: Kazakhstan’s GDP grew by 4.1% y-o-y in 8M26 Sep 15 Ministry of Artificial Intelligence and Digital Development: Miners in Kazakhstan will be allowed to install autonomous power plants at oil and gas fields. One private investor is ready to spend $145 mln for the construction of a 100 MW power plant in Kazakhstan for mining needs. NBK: The Bank will determine the list of assets that...

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