Link to the interviewSource : https://www.gov.kz/memleket/entities/mfa-skopje/press/news/details/1082097?lang=kk

Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev took part in the meeting of the Council of Foreign Ministers of the member states of the Organization of Turkic States (OTS), which was held ahead of the 12th OTS Summit.During the ministerial meeting, participants exchanged views on further developing cooperation within the Organization and “compared the notes” on current international and regional issues.Source : https://www.gov.kz/memleket/entities/mfa-baku/press/news/details/1089041?lang=kk

The Ambassador of the Republic of Kazakhstan to the Hashemite Kingdom of Jordan and concurrently to the Republic of Iraq H.E. Mr. Talgat Shaldanbay held bilateral meetings at Iraq’s Ministry of Foreign Affairs with the Director of the Asia Department Mats As-Samarai, and the Director of the Consular Department Falah Abdel Hassan.The parties discussed a wide range of issues, including strengthening political dialogue, developing a legal framework, and cultural interaction, as well as expanding consular cooperation between Kazakhstan and Iraq. The meetings were held in the framework of the сeremony of presenting copies of credentials to the Deputy Prime Minister-Minister-Minister of Foreign Affairs of Iraq Fuad Hussein.Source : https://www.gov.kz/memleket/entities/mfa-amman/press/news/details/1082147?lang=kk

Brussels, October 6, 2025 – The adaptation of Kazakh students in Belgian and Luxembourg universities, their career prospects, as well as the upcoming celebration of Republic Day were discussed at a meeting held at the Embassy of Kazakhstan in Brussels.Kazakh youth were represented by members of the Qazaq Society in Belgium, a student association that unites Kazakhs studying and living in Belgium.Ambassador of Kazakhstan to Belgium, Roman Vassilenko, warmly welcomed the participants and congratulated the newly arrived students on beginning their studies at leading universities in Belgium and Luxembourg:“You are far from Kazakhstan, but each of you carries a part of our country within you. Your achievements abroad are a contribution to the future of our homeland. You are already informal ambassadors of Kazakhstan in the student, academic and youth communities of Europe.”He also highlighted the active participation of many students in events organized by the Embassy.During the meeting, the Ambassador informed the students about the activities of the diplomatic mission and the key priorities of Kazakhstan’s foreign and domestic policy. Particular attention was paid to the recent Address of President Kassym-Jomart Tokayev to the Nation, the country’s international initiatives, as well as upcoming cultural and public events in Belgium:“Today, Kazakhstan is moving towards a digital future. President Tokayev’s Address outlined important goals — among them the digitalization of all spheres of life and the development of artificial intelligence. This is not only a strategy but also concrete opportunities, especially for young professionals like you. Within the framework of building a digital economy, new programs and international partnerships are being launched, opening prospects for internships and research. We want you to be at the heart of these processes.”In turn, the young compatriots asked the Ambassador and Embassy staff about the organization of events in Belgium and Luxembourg, the expansion of international academic cooperation, and opportunities for internships and training in companies and institutions across Kazakhstan, Belgium, and Luxembourg.As noted by A. Nurbalin, leader of the Qazaq Society in Belgium:“It is important for us that Europeans learn more about Kazakhstan. We strive to represent our country through culture, education, and engagement with other communities. By bringing Kazakhs together abroad, we not only preserve our culture but also continue to develop it, all in close cooperation with our Embassy.”Participants noted that the informal atmosphere allowed students to better connect with Embassy staff and each other, facilitating valuable information exchange, stronger networks, and the preservation of close ties with the Homeland during their time abroad.Source : https://www.gov.kz/memleket/entities/mfa-brussels/press/news/details/1081769?lang=kk

Bern, October 6, 2025 - Ambassador of the Republic of Kazakhstan to the Swiss Confederation Kairat Sarzhanov met with the President of the Government of the Canton of Bern, Christoph Neuhaus.During the meeting, the Ambassador briefed his counterpart on the key points of the Address of the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev, entitled «Kazakhstan in the Era of Artificial Intelligence». The Swiss side commended Kazakhstan’s strategic course aimed at modernizing the economy, promoting digital transformation, developing human capital, and enhancing the country’s investment attractiveness.The parties discussed prospects for expanding bilateral cooperation, with particular emphasis on the potential of interregional partnerships and the establishment of direct contacts between the regions of Kazakhstan and the cantons of Switzerland, including the Canton of Bern. In particular, mutual interest was confirmed in organizing business missions and developing cultural exchanges.Source : https://www.gov.kz/memleket/entities/mfa-bern/press/news/details/1081770?lang=kk

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To improve the effectiveness of educational work and enhance service conditions within the National Guard of the Ministry of Internal Affairs of the Republic of Kazakhstan, the Institute of Senior Soldiers is being implemented in military unit 5573. This innovation aims to develop a mentorship system among conscript servicemen and is already demonstrating positive results.Under the new model, soldiers of a senior draft who have shown discipline, leadership qualities, and a responsible attitude toward service are awarded the third qualification class and the status of “senior soldier.” They are assigned several junior conscripts to mentor, assisting them in adaptation, daily life organization, discipline, and moral-psychological support. Senior soldiers also accompany their mentees during cultural and patriotic events, acting as mentors and role models.A distinctive feature of the new system is that senior soldiers are entitled to wear a maroon-striped undershirt, symbolizing their special service status.According to the command of the capital brigade, the introduction of this system helps reduce the workload of contract servicemen, especially in areas of daily supervision and educational work. More than 15 soldiers who have earned the status of senior soldiers have already taken the opportunity to continue their service under contract, which indicates growing motivation and awareness of their personal contribution to the common cause. In a ceremonial setting, they were presented with keys to individual rooms in the barracks located within the unit’s territory.The introduction of the Institute of Senior Soldiers became possible thanks to the initiative and support of the Main Command of the National Guard. It is part of a comprehensive effort to improve service conditions, strengthen military discipline, and foster a strong sense of unity among personnel.Such measures not only ensure continuity between generations within units but also help form a responsible, motivated, and well-organized contingent capable of effectively fulfilling the tasks assigned to the National Guard.It is worth noting that the new system is currently being tested in the capital brigade, and if it proves successful, the practice of the Institute of Senior Soldiers will be implemented in all military units of the National Guard.Press Service of the National GuardMinistry of Internal Affairs of the Republic of KazakhstanSource : https://www.gov.kz/memleket/entities/kvv/press/news/details/1081791?lang=kk

“When all the descendants of the Alash gather, the place of honor belongs to the teacher” — these wise words have never lost their relevance. Teachers, who light the flame of knowledge and become the spiritual foundation of society, have always been and will remain its true support.As a sign of respect for these great people, a festive evening entitled “The Name of the Teacher is Noble and Eternal” was organized in the Karmakshy district in honor of Teacher’s Day. The event took place at the Shamshat Tolepova House of Culture and began with a video prologue. The video presentation highlighted the district’s achievements in the field of education, the work of the best educational teams, and the outstanding results of recent years, serving as a tribute to the dedication of local teachers.The solemn evening was attended by the Akim of the district, Zhandos Yerkinbek, who congratulated teachers on their professional holiday. In his congratulatory speech, he noted:“If the foundation of the independent country’s path to civilization is the school, then the central figure of the school is the Teacher. The words of Abylai Khan: ‘The era ahead belongs not to the strength of the hand, but to the strength of knowledge,’ vividly reflect the teacher’s high place in society. The work of those who dedicate themselves to this noble profession and contribute to the nation’s future deserves the utmost respect. I wish you strong health, boundless energy, and success in your work!”During the event, on behalf of the Akim of the region and the Akim of the district, the best teachers were awarded Certificates of Honor, Letters of Appreciation, and commemorative gifts.The festive evening continued with songs and dances performed by district schoolchildren, spiritual compositions, and performances by pop singers, which added a special atmosphere to the celebration and filled teachers with joy and festive spirit.It should be noted that in recent years, the district has shown remarkable results in the field of education. In 2025, 766 students graduated from school, of whom 688 took part in the Unified National Testing, achieving an average score of 85%. Notably, two graduates received the maximum possible score of 138 points, 54 were awarded the “Altyn Belgi” distinction, and 48 received diplomas with honors. These achievements are the result of the dedicated efforts of district teachers and systematic work aimed at improving the quality of education.Source : https://www.gov.kz/memleket/entities/kyzylorda-karmakshy/press/news/details/1081804?lang=kk

Every year on October 5, our country widely celebrates Teacher’s Day — a special occasion that highlights the social importance of teachers who dedicate their lives to educating and nurturing the younger generation. In honor of this day, a ceremonial reception for education workers was held today at the district administration office.The event was led by the Akim of the district, Zhandos Yerkinbek, who expressed his gratitude to teachers for their dedicated work in raising an educated generation:“Education gives a person confidence and freedom in choosing their life path, the ability to achieve success, and realize their potential. Therefore, developing the education sector, supporting teachers, and creating the best conditions for students and graduates will always remain among our top priorities.I sincerely congratulate all of you on your professional holiday — Teacher’s Day!I wish you strong health, well-being for your families, and success in your noble service for the future of our country!” said the district head in his address.During the ceremony, several teachers who made significant contributions to the development of the district’s education system were awarded the Veteran of Labor medal, Certificates of Honor and Letters of Appreciation from the regional akim, as well as bouquets of flowers and commemorative gifts.Veteran teachers Dameli Zhalgasbayeva and Gaziza Kulmurzayeva also spoke at the event, sharing their kind wishes and valuable experience from their teaching careers.Sincere gratitude to a teacher is higher than words and deeper than respect. Today’s event became a vivid expression of appreciation for those who faithfully serve the cause of education.Source : https://www.gov.kz/memleket/entities/kyzylorda-karmakshy/press/news/details/1081805?lang=kk

Danil Musabaev and Nikita Tumakov from Karaganda rose to the first place in the world trampoline gymnastics ranking with a score of 179 points. The athletes have proven their leadership with a series of successful performances this season.The World Championship started in February in Baku (Azerbaijan), where the Karaganda duo won silver. In July, the third stage of the Trampoline Gymnastics World Cup was held in the Portuguese city of Coimbra. Danil Musabaev and Nikita Tumakov took the fourth place, stopping one step away from the medal. Two months later, they won the next stage in Cottbus (Germany).Karaganda trampolinists won medals at other prestigious competitions – the III Games of the CIS countries were held in Azerbaijan. 1,840 athletes from eight countries participated in the tournament.- The competitions were very difficult, as the strongest participated in them, for example, the Olympic champion from Belarus Ivan Litvinovich, - said Sergey Vertyankin, the head coach of the national team of Kazakhstan and the senior coach of the Karaganda region in trampoline gymnastics. – But Nikita Tumakov, our youngest member of the team, was able to show an excellent result – he won a bronze medal, and he was the best in the preliminary stage.This is Nikita's first international award in individual jumping. Yerlan Tasmagambetov, another Karagandian, distinguished himself at the Games by taking third place in synchronized jumping.According to the press service of the Department of Physical Culture and Sports of the Karaganda regionSource : https://www.gov.kz/memleket/entities/karaganda/press/news/details/1081814?lang=kk

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The meeting of the Expert Council under the Ministry of National Economy reviewed the vision of a new proactive policy of economic growth in Kazakhstan. The government's main goal is to double the country's GDP by 2029, bringing it to $450 billion. For this, investments in the economy should increase by more than 2.5 times.As noted by Vice Minister of National Economy Arman Kasenov, we are talking about the transition from a model where the state only accompanies business to a model of active participation in the organization and creation of industries and projects."We studied the experience of Japan, South Korea, and Singapore, countries that have achieved record growth rates precisely because the government has also participated in determining growth points and strategic directions for 5-10 years ahead," he explained. According to him, the implementation of this goal will require a large–scale increase in investments in fixed assets - from $41 billion in 2024 to $103 billion in 2029. During this period, the investment-to-GDP ratio is expected to rise from 14% to 23%, and the total investment volume for 2025-2029 will amount to about $400 billion.As part of a proactive economic growth policy, government agencies will receive new functions – not only to attract, but also to organize large export-oriented projects, providing their structuring, financing and management support. The main tasks of government agencies in this area are to attract leading foreign and domestic companies to jointly implement export-oriented high-performance projects and to provide financing through development institutions included in the Baiterek holding. "We are not replacing the business, but working with it. Entrepreneurs create added value – they are the ones who drive progress. We are appealing to domestic and foreign companies to attract their experience, technology and capital, and we will form lists of foreign champions and leading companies in our key areas of investment development – deep and medium grain processing, metallurgy, petrochemistry, and others. We are initiating negotiations with them regarding their participation in Kazakhstani projects. We hope that their investments, expertise, first—class understanding of the industry, technologies and much more will allow us to implement these projects most successfully," Arman Kasenov emphasized. Serik Zhumangarin, Deputy Prime Minister and Minister of National Economy, noted that the Investment Board, an investment service that will identify and support country-wide priority projects, is of key importance in the new model."In the new policy of proactive economic growth, we are talking about large projects that require high expertise. We plan to structure the development directions and create an Investment Board, an investment service, of professionals with high competencies in managing large projects, who will determine the directions and projects of our economy for the most effective development," Serik Zhumangarin emphasized.According to him, the previous system of attracting investments will remain, but it is the Investment Board that will become the driver of proactive policy.The experts made a number of suggestions and recommendations regarding the proposed vision of economic growth policy. In particular, how the new document will differ from the previous ones, whether the level of localization of new production facilities in Kazakhstan will be increased, what channels of distribution of funds will be, the impact of active economic growth and consumer lending on inflation, as well as many others. Chairman of the Public Council of the Ministry of National Economy Eldar Shamsutdinov noted that the main topic of discussion was the model of ensuring economic growth and the implementation of the state industrial program."One of the key issues concerned who would be involved in lending: the state itself through its own development institutions or commercial banks, to which funds would be allocated for subsequent lending. The logic is probably as follows: lending through banks inevitably leads to an increase in inflation, since it is the banking system that is the main mechanism for implementing inflationary processes. At the same time, it was noted that consumer lending makes a significant contribution to GDP growth today. In addition, it is planned to form an investment service, which will include participants who identify priority projects. The issue is the choice of specific financing mechanisms. These details will probably be worked out in the process," he said.Galim Khusainov, a member of the Board of Directors of Teniz Capital Investment Banking, stressed that the new policy meets the modern challenges facing the economy of Kazakhstan and focuses on the country's domestic investment potential."Today we discussed how to achieve the stated target level of 450 billion dollars of GDP. This is impossible without a significant increase in investment. Therefore, the proposal of the Ministry of National Economy on the transition to a more active state participation in investment policy seems justified and timely," he said. According to him, the large-scale involvement of development institutions, primarily the Baiterek holding, will create a financial infrastructure that will ensure the movement of capital from the state to specific industries and projects within the country. At the same time, it will be important to attract foreign companies not only as sources of capital, but also as carriers of competencies, technologies and management practices."The main thing is that the projects initiated by the state have a clear economic model, transparent selection and support mechanisms. Then they will be able to attract private capital and international participation. Without this, growth will be limited by budget financing," the expert noted.He also added that the new policy should clearly define the role of the private sector and the banking system."The question remains how investments will be distributed and how actively commercial banks will be involved in this process. On the one hand, the direct participation of the state provides guarantees and speed, on the other hand, it is important to preserve market mechanisms so as not to displace private initiative," Galim Khusainov explained.As the expert summarized, a competent combination of government and market instruments will allow Kazakhstan to reach a qualitatively new level of economic growth, while avoiding overheating and excessive inflation.https://www.gov.kz/memleket/entities/economy/press/news/details/1081075?lang=ruSource : https://www.gov.kz/memleket/entities/kostanai-ekonomika-zhosparlau/press/news/details/1081915?lang=kk

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On October 06, 2025, a meeting of the Permanent Commission of the Kegeni district Maslikhat was held in the building of the office of the district Maslikhat.In connection with all the issues on the agenda of the meeting of the Standing Committee, the relevant resolution was adopted and submitted to the extraordinary XXXVII session of the Kegeni district Maslikhat, which will be held on October 07, 2025.Source : https://www.gov.kz/memleket/entities/maslihat-kegen/press/news/details/1081583?lang=kk

From October 1st to 6th, 2025, the QITFest International Theatre Festival, dedicated to the 25th anniversary of the I. Omarov Regional Kazakh Drama Theatre, will be held in Kostanay.The festival aims to preserve, develop, and popularize the best achievements of global theatre and enhance the status of theatre in society.The festival featured theatre companies from Kazakhstan, Turkey, Armenia, Georgia, Iran, Kyrgyzstan, and Russia.Distinguished guests of the festival included renowned theatre and film actors, state prize winners, and People's Artists of the USSR and Kazakhstan Asanali Ashimov and Tungyshbai Zhamankulov, and Altyngul Nurbekova, Head of the Theatre Arts Department of the Culture Committee of the Ministry of Culture and Information of the Republic of Kazakhstan.The jury included Erkebay Anar Saimzhankyzy, Professor of the Kazakh National University of Arts named after T. Zhurgenov, theatre scholar, PhD in Art History, and Chairman of the Association of Theatre Critics of the Republic of Kazakhstan. Theater critic, candidate of art history, associate professor, chairman of the Association of Theater Critics of the Republic of Kazakhstan – Mұқan Amangeldі Orazbayұly; professor, theater critic, doctor of art history, member of the Association of Theater Critics of the Republic of Kazakhstan – Nұrpeyіs Baқyt Kәkiқyzy; Honored figure of Kazakhstan – Bakhtygereev Beybіt Salauatұly; theater critic, cultural figure of the Russian Federation – Kuznetsova Evgeniya Borisovna.Source : https://www.gov.kz/memleket/entities/kostanay/press/news/details/1081593?lang=kk

Today, the regional akim, Nurlybek Nalibayev, met with the head of the Bureau of National Statistics, Maksat Turlybayev. The meeting focused on the National Agricultural Census.To conduct the census in accordance with requirements, an organizing committee was established, and an action plan and media plan for information support were approved. The census results will help clarify the current state of the country's agricultural sector and will play a significant role in the development of effective government policies and programs in the agro-industrial complex.Thanks to government support, the agricultural sector is showing growth. This year, 31.3 billion tenge were allocated, including 14.2 billion tenge for subsidies.In the first eight months of the year, output totaled 66.9 billion tenge, a 2.5% increase compared to the same period last year, while food processing volume increased by 16%. Investments in agriculture totaled 9.9 billion tenge, 1.4 times more than last year. Steady growth in livestock numbers and production of their main species is observed. Meat production increased by 3.8%, milk by 3.3%, and eggs by 7.9%.The region's land resources comprise 24 million hectares, 12% of which is agricultural land. This year, 189,600 hectares of sown area were harvested, including 80,900 hectares of rice. Harvesting is currently underway. 73,000 hectares of sown rice have been harvested, 64,000 hectares have been threshed, and 340,000 tons of produce have been collected, with an average yield per hectare of 52.9 centners. Over the next three years, 37 investment projects will be implemented in the region.This year, 16 investment projects worth 8.8 billion tenge are planned, of which eight projects worth 3.4 billion tenge have already been launched. Over the past two years, the «Auyl Amanaty» project has financed 782 projects totaling 5.5 billion tenge. This year, 559 projects totaling 5.5 billion tenge are planned.Source : https://www.gov.kz/memleket/entities/kyzylorda/press/news/details/1081599?lang=kk

Interview for Forbes.kz.         The new Law on Banks and Banking Activities introduces a modern system for regulation of insolvent banks that complies with international standards and takes into account national characteristics of Kazakhstan's financial market. This reform is designed to protect interests of depositors, reduce systemic risks and minimize use of budgetary funds in crisis situations.         Timur Abilkassymov, First Deputy Chairman of the Agency for Regulation and Development of the Financial Market, explains what the new regulation mechanism will be, how it will work in practice, and why it is important for long-term stability of the country's financial sector.– Timur Bokeikhanovich, Kazakhstan has experienced several cases of troubled banks in the past. How will the new law help prevent recurrence of such situations?– In the past, our financial system faced situations where individual banks lost their stability and became insolvent. To maintain market stability, the state was forced to allocate budgetary funds to support them. I believe this approach was a temporary measure, and I am confident that responsibility for mistakes of bank owners and management should not be shifted to the society. The new law fixes a different principle. Primary strain of bank's recovery is put on its shareholders, creating a fairer and more sustainable model.To ensure operation of these principles in practice, the law improves the early response system. This means the regulator has more tools to work with the bank even at the stage of initial challenges. If indicators begin to deteriorate, supervision is enhanced and the bank is obligated to take measures to rectify the situation. Each bank is required to have a recovery plan agreed upon with the regulator, clearly outlining the measures which its shareholders and management will take to improve financial stability. If they default on their obligations to restore stability, a regulation mechanism will be kicked off to protect interests of depositors. In other words, the new law fixes the principle that shareholders bear primary responsibility for recovery of a bank. This mechanism mitigates the risk of sudden crises and increases predictability for the entire market.– You have mentioned enhancement of shareholder responsibility. How does the new law strengthen responsibility of bank shareholders and management? – In my opinion, the key change is in the philosophy of the approach itself. While previously, when problems arose, the main strain was put on the state, now shareholders must change their approach to potential crises. They must not only maintain capitalization, but also constantly confirm their readiness to maintain stability under any circumstances. This means that shareholders must have a realistic financial and management action plan, rather than limiting themselves to formal promises.For large, backbone banks, we have reinforced capital requirements. This is what is known as the loss-absorbing capacity or TLAC. To put it more simply, such banks must have a safety margin that will allow them to survive tough time without government assistance.We have also significantly revised our approach to corporate governance. From members of the board of directors, we now expect less formal participation and more genuine engagement and professionalism. It is important that the board be comprised of independent and competent people who know how to ask tough questions and make informed decisions. Additional requirements to the senior management as regards their experience, qualifications and risk awareness have also been established.I would like to specifically mention supervisory practices. We are expanding the use of motivated judgment as a key tool in risk-based supervision. This approach will make supervision more meaningful and focused on problem prevention.Taken together, these measures create a more mature system in which each participant understands his responsibilities, and key decisions are made given actual risks and interests of depositors.– One of the most discussed elements of the law is the mechanism for collective bank contributions to a fund to be used in regulation of backbone banks. Market participants fear that this could serve as an "insurance policy" for unscrupulous owners. Why was it necessary to create such fund?– It's important to understand that we're not talking about establishment of a new fund in the traditional sense. The idea is completely different. We want to establish a mechanism whereby banks contribute to covering the losses only if the state incurs actual losses during the regulation process.This is necessary to establish a transparent and fair procedure in case of a crisis. Previously, such situations were regulated on an one-off basis, often with the use of the budget. Now the state only intervenes in relation to backbone banks and only in exceptional circumstances. The remaining banks will have to rely on themselves and their shareholders.If losses arise during regulation of backbone banks, they are compensated by the market, that is, by the banks themselves, proportionally to their shareholding. In practice, such scenario is extremely unlikely because the new law rests on the principles of early response, enhanced capital requirements and shareholder responsibility. All these make a situation in which the country's budget suffers losses extremely unlikely.Along with that, it is important to understand that such mechanism allows for maintaining a balance between sustainability and development. To cover all risks, it would be possible to continually increase capital and liquidity requirements, but this would entail excessively stringent regulation and restrict lending. For example, to support lending to small and medium-sized businesses, we have now introduced a reduced risk-weighting of assets, although calculations indicated the need for an increase. Such decisions may be possible precisely because in the future a mechanism will be in place that allows the system to compensate for risks without the use of budget funds. This creates space for more flexible regulatory policy.– Is this approach to bank regulation unique to us, or are there similar mechanisms worldwide? What international practices have you relied on when developing the law, and what have you taken into account from your own experience in previous years?– This approach is not unique. Similar mechanisms are in place in many countries, for example, the European Union, the United Kingdom, South Korea, Canada and other jurisdictions. They rest on common international principles fixed in G20 and Basel Committee documents.For several years, we have consulted with international experts, including representatives of the IMF, ECB, World Bank, EBRD and national regulators who have undergone similar reforms. We also closely studied our own experience and bank regulation cases in recent years with international experts. Combined efforts have helped us determine which elements of the international models are truly applicable in Kazakhstan and which require adaptation to our market structure and the scale of our banking system. As a result, the new regulation mechanism combines best international practices and lessons learned from our experience.Overall, the new law reflects our vision for consistent development and enhancement of the financial sector. International organizations and rating agencies agree that quality of banking supervision in Kazakhstan has significantly improved in recent years. This suggests that the banking system is ready to enter a new stage of development and become even more efficient, open to innovation, and, most importantly, resilient. Therefore, it is important to consolidate the achieved progress and move on to the next stage – development of a modern regulatory system that combines sustainability, development and trust. Source : https://www.gov.kz/memleket/entities/ardfm/press/news/details/1081605?lang=kk