Addis Ababa, March 4, 2026 - The Ambassador of the Republic of Kazakhstan to the Federal Democratic Republic of Ethiopia, Н.E. Mr. Zhalgas Adilbayev, held a meeting with the Minister of Trade and Regional Integration of Ethiopia, Kassahun Gofe (PhD). The parties discussed strategic priorities for economic cooperation, plans to increase bilateral trade volume and the creation of favorable conditions for the business communities of both countries.During the conversation, the Ambassador of Kazakhstan provided a detailed briefing on the large-scale state reforms currently underway in Kazakhstan. He informed the Minister about the upcoming nationwide referendum on constitutional amendments, scheduled for March 15, 2026.Continuing the dialogue, the sides exchanged views on collaboration within international trade and economic organizations. The interlocutors also touched upon the prospects for cooperation within the United Nations Conference on Trade and Development (UNCTAD).Both parties acknowledged that current trade level between Kazakhstan and Ethiopia do not reflect the true potential of their respective economies. In this regard, an agreement was reached to continue joint efforts toward the expansion of trade and economic cooperation.The meeting also addressed the importance of exchanging visits between official and business delegations to foster bilateral relations, specifically in B2B and G2G formats. Discussions included the possibility of signing bilateral agreements on trade and economic cooperation and air services, as well as the prospects for institutionalizing cooperation through the Joint Business Council.In conclusion, the parties agreed to exchange lists of export goods and to conduct a series of online consultations between relevant ministries to identify priority areas for mutually beneficial partnership. Source : https://www.gov.kz/memleket/entities/mfa-addis-ababa/press/news/details/1175116?lang=kk

Helsinki, March 4, 2026 – The Ambassador of Kazakhstan to Finland, Azamat Abdraimov, held a meeting with Anna Heusala, Director of the Aleksanteri Institute at the University of Helsinki.During the meeting, the parties conducted an in-depth exchange of views on current international and regional developments, noting the positive dynamics of political dialogue and the consistent expansion of practical cooperation across a broad range of bilateral areas.The Ambassador informed his interlocutor about the upcoming nationwide referendum scheduled for March 15 on the adoption of a new Constitution of Kazakhstan. He outlined the key constitutional amendments and the draft of the new Constitution, emphasizing that the proposed constitutional reform represents a logical continuation of the consistent political modernization initiatives advanced by President Kassym-Jomart Tokayev.For her part, A. Heusala noted that Finland is closely following the ongoing reforms in Kazakhstan and gave a high assessment of the scale and systemic nature of the political and socio-economic transformations. In her view, Kazakhstan is steadily strengthening its position as a stable and dynamically developing state, making a significant contribution to ensuring stability and predictability in Central Asia.Following the talks, the parties expressed their mutual interest in further deepening cooperation between the analytical centers of the two countries, including through systematic exchange of expert and analytical materials, organization of interviews, and reciprocal visits.  Source : https://www.gov.kz/memleket/entities/mfa-helsinki/press/news/details/1175104?lang=kk

On March 2, 2026, the UN ESCAP delegation conducted a field visit in Almaty as part of the third meeting of the Ad Hoc Working Group on the establishment of the Asia-Pacific Digital Solutions Centre for Sustainable Development. During the visit, participants were introduced to the UN Plaza complex and its potential as a regional hub for exchanging practical digital solutions across the Asia-Pacific regionAmbassador-at-Large and Head of the Representative Office of the Ministry of Foreign Affairs of the Republic of Kazakhstan in Almaty, Zhanibek Abdrashov, highlighted Kazakhstan’s commitment to advancing the digital agenda and fostering international cooperation under the UN framework. He also underscored the importance of Kazakhstan’s initiative to establish the Digital Solutions Centre as a platform for enhancing regional collaboration and sharing best practices.Source : https://www.gov.kz/memleket/entities/mfa-almaty/press/news/details/1173131?lang=kk

Source : https://www.gov.kz/memleket/entities/digital-nauryz/press/news/details/1173135?lang=kk

On February 9–10, 2026, the Central Customs Laboratory of the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan hosted a delegation from the State Customs Committee of the Republic of Azerbaijan.The delegation included Aydan Rajabova, Head of the Central Department of Customs Expertise of the State Customs Committee of the Republic of Azerbaijan, and Gunay Yunusova-Hamid-zade, Head of the Department for Expertise of Organic and Inorganic Goods of the same department.From the Central Customs Laboratory, the event was attended by the Acting Head of the Central Customs Laboratory, Madina Manarbekovna Yessimova, as well as heads of relevant structural divisions.The visit was organized with the aim of developing and strengthening international cooperation, as well as exchanging best practices in the field of customs expertise. During the meetings, particular attention was paid to improving expert activities, introducing modern analytical methods, and enhancing the quality of laboratory research.On February 9, a presentation was delivered for the Azerbaijani delegation on the accreditation of testing laboratories of the Central Customs Laboratory of the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan. In addition, an ознакомительная экскурсия (introductory tour) of the laboratory facilities was conducted, during which the guests were introduced to the laboratory's material and technical base, key areas of activity, applied analytical methods, and expert procedures.Special attention during the visit was given to the discussion of accreditation issues for laboratories conducting research on crude oil and petroleum products. The parties exchanged practical experience on accreditation requirements and procedures, as well as on the organization and conduct of laboratory research in this field.Furthermore, representatives of the State Customs Committee of the Republic of Azerbaijan familiarized themselves with modern laboratory instruments and equipment used by the Central Customs Laboratory of the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan for conducting examinations of crude oil and petroleum products, as well as with the applied analytical methodologies.The meeting also included a question-and-answer session focused on current areas of activity of customs expert units and a discussion of prospects for further bilateral cooperation.The negotiations became an important step toward strengthening partnership relations and defined priority areas for future cooperation aimed at enhancing the efficiency of customs expertise and developing interaction between the customs authorities of the Republic of Kazakhstan and the Republic of Azerbaijan in the interests of citizens and businesses of both countries. Source : https://www.gov.kz/memleket/entities/kgd/press/news/details/1173148?lang=kk

Gudauri, 28 February – The popular alpine skiing resort of Gudauri hosted the Tan Media Cup international alpine skiing tournament, which brought together athletes and winter sports enthusiasts from different countries.The event, organised by Tan Media Group in partnership with Petra Group and supported by the Embassy of the Republic of Kazakhstan in Georgia, took place in an atmosphere of high sporting spirit, mutual respect and professional competition.The participants demonstrated a high level of skill and expertise, and the competition became an important platform for exchanging experiences and strengthening international sporting ties.As part of the cultural programme, guests of the tournament had the opportunity to familiarise themselves with Kazakh culture, traditions and national cuisine.The organisers expressed their gratitude to all athletes, partners and guests of the event for their contribution to the successful implementation of the initiative and emphasised the need for further development of international cooperation in the field of sport.Source : https://www.gov.kz/memleket/entities/mfa-tbilisi/press/news/details/1173162?lang=kk

Berlin, 2 March 2026 – A Round Table on “Modernization of the Constitutional and Legal System of the Republic of Kazakhstan,” dedicated to the upcoming national referendum on the adoption of a new Constitution, was held today at the Embassy of the Republic of Kazakhstan in the Federal Republic of Germany.Representatives of German state institutions, German experts, and members of the German media took part in the event.Opening the meeting, Nurlan Onzhanov, the Ambassador Extraordinary and Plenipotentiary of Kazakhstan to Germany, emphasized that amid ongoing geopolitical transformations, Kazakhstan is entering a new stage of political renewal, with constitutional reform serving as its key element. The diplomat noted that the draft of the new Constitution reflects the country’s aspiration to strengthen its national potential, enhance the resilience of statehood, and ensure broader protection of citizens’ rights and freedoms.The main presentation was delivered by Dr. Tilo Klinner, former Ambassador of the Federal Republic of Germany to Kazakhstan, who highlighted that the draft Constitution demonstrates a commitment to balancing the branches of power, strengthening parliamentary mechanisms, and reinforcing public trust in state institutions.Gudrun Dometeit, Editor‑in‑Chief of diplo.news, underscored the importance of open public discussion of the constitutional draft and noted that Kazakhstan is demonstrating a high level of transparency and civic engagement in the process of reforming its state governance system. She also inquired about the functions of the newly established “People’s Council” (Халық кеңесі) and the powers of the future Kurultai.The discussion also featured Hans‑Friedrich von Ploetz, former State Secretary of the German Federal Foreign Office and Ambassador, who stated that the 2022 reforms were an important step toward building a more balanced political system, and that the new Constitution logically continues this trajectory. He emphasized that Kazakhstan is working to adapt to new global challenges while maintaining stability and continuity.Participants of the round table expressed confidence that the upcoming referendum will mark a significant stage in Kazakhstan’s political development and will contribute to strengthening democratic institutions, improving the effectiveness of public administration, and further advancing the country’s progressive development.Overall, the participants noted that Kazakhstan is entering a new phase of consolidating its independence and advancing national development within a changing geopolitical landscape.Source : https://www.gov.kz/memleket/entities/mfa-berlin/press/news/details/1173167?lang=kk

Astana, March 2, 2026 – A telephone conversations took place between Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev and Ministers of Foreign Affairs of the Republic of Azerbaijan Jeyhun Bayramov, Kyrgyz Republic Jeenbek Kulubaev, Republic of Tajikistan Sirojiddin Muhriddin, Turkmenistan Rashid Meredov, and Republic of Uzbekistan Bakhtiyor Saidov.During the conversation, the ministers exchanged detailed views on the evolving military and political situation in the Middle East, noting the importance of maintaining close coordination and prompt interaction amid the crisis.Kazakh Foreign Minister expressed gratitude to his colleagues from Azerbaijan and Turkmenistan for their constructive cooperation on evacuation-related matters.The interlocutors reaffirmed their shared commitment to resolving conflict-related issues exclusively through political and diplomatic means, as well as to adhering to international law and joining efforts in the interests of maintaining regional security, peace and stability.At the conclusion of the call, the parties expressed their readiness to continue providing the necessary support in organizing the possible evacuation of citizens, as well as to maintain close working contacts through the foreign ministries. Source : https://www.gov.kz/memleket/entities/mfa/press/news/details/1173170?lang=kk

2 March 2026, Brussels – The Embassy of Kazakhstan in the capital of the European Union hosted a discussion on the draft of Kazakhstan’s new Constitution and the upcoming referendum, with the participation of representatives of key EU institutions, as well as official and expert circles in Brussels.The discussion was organized as part of the official launch of the new dialogue platform “Shanyraq Dialogues,” designed to serve as an open forum for substantive exchanges among government representatives, the expert community, and civil society on issues related to Kazakhstan.Opening remarks were delivered by Ambassador of Kazakhstan to Belgium and Luxembourg, Permanent Representative to the European Union and NATO, Roman Vassilenko. He spoke about the current stage of constitutional reform in Kazakhstan, being implemented amid geopolitical turbulence and global uncertainty, and highlighted its importance for the country’s domestic development and engagement with European partners.Mr. Vassilenko informed that a nationwide referendum on the adoption of the new Constitution of Kazakhstan will be held on 15 March this year. He noted that the reform initiative forms part of a large-scale modernization of the country’s political system led by President Kassym-Jomart Tokayev and aimed at establishing a more effective, transparent, and accountable model of public governance.It was emphasized that the drafting process was marked by unprecedented openness. The Kazakh diplomat underlined that a Working Group on parliamentary reform had been established, followed by a Constitutional Commission comprising 130 members, ensuring broad representation of various social and regional groups. For the first time in Kazakhstan’s history, commission meetings were broadcast live, and the interim draft text was published for nationwide public discussion. As a result, approximately 10,000 proposals and comments were received from citizens, many of which were reflected in the draft Constitution submitted to referendum.Presenting the key proposed institutional innovations, the Ambassador stressed that the document is human-centered in nature and strengthens guarantees for the protection of rights and freedoms. He drew participants’ attention to the enshrinement of sovereignty, independence, territorial integrity, and the unitary nature of the state as immutable values; the reaffirmation of the ban on the death penalty; and the introduction of new provisions on protecting citizens’ rights in the digital environment.Mr. Vassilenko further expressed the view that adoption of the new Constitution could provide additional impetus to Kazakhstan’s strategic partnership with the European Union and its Member States. He noted that strengthening institutions, increasing transparency, and prioritizing human rights contribute to closer ties based on shared principles of the rule of law and dialogue.The event also featured an invited speaker, Georgi Gotev, founder and editor-in-chief of the European online publication “EUalive,” who offered an expert perspective on the significance of the ongoing processes for relations between Kazakhstan and the European Union.The speeches were followed by a lively and constructive Q&A session. Guests showed genuine interest in the details of the constitutional reform, its implementation mechanisms, as well as prospects for the development of Kazakhstan’s political system and the deepening of cooperation with European partners. The discussion was open and substantive, enabling participants to exchange views and receive comprehensive comments on the most pressing aspects of the reform.The event confirmed the relevance of the new dialogue platform as a space for professional and meaningful discussion. The launch of “Shanyraq Dialogues” marked a new step in strengthening mutual understanding and trust between Kazakhstan and its European partners, demonstrating readiness for open dialogue on key issues of development and cooperation.Source : https://www.gov.kz/memleket/entities/mfa-brussels/press/news/details/1173188?lang=kk

Skopje, February 27, 2026 – Ambassador of Kazakhstan to North Macedonia Satybaldy Burshakov, at the invitation of the leadership of the leading University of Saints Cyril and Methodius (UKIM) in Skopje, as an honorary guest addressed the special session "Kazakhstan: a New Stage of Modernization and Reforms" at an international scientific and practical conference.The event with the participation of students, scientists and academic circles of a number of European countries took place within the framework of the 8-th International Week 2026 "Promoting Youth Excellence", organized with the support of the UN Office in North Macedonia.The Ambassador spoke about the political and socio-economic development of Kazakhstan, priorities in foreign policy, the dynamic process of digitalization, as well as the prospects for Kazakh-Macedonian cooperation.The Kazakh diplomat informed the audience in detail about the implementation of political reforms initiated by President Tokayev,which culminated in the draft of a new Constitution submitted to a national referendum on March 15. Key innovations such as the establishment of the post of Vice President, strengthening parliamentary control over the Government, and the constitutional consolidation of guarantees of rights and freedoms were explained to the conference participants.Special attention was paid to the development of the family institute in Kazakhstan. Mr Burshakov stressed that the state policy in this area is aimed at combining traditional values with modern social support measures. It was noted that the draft of the new Constitution establishes marriage as a voluntary union of a man and a woman, a provision formulated as a measure to protect traditional values and strengthen the legal protection of women's rights.The audience was particularly interested in the dynamic demographic indicators of Kazakhstan,due to the high birth rate compared to many countries, as well as programs to support children and youth.The prospects for the development of university education in our country and the possibilities of cooperation for Macedonian educational institutions were presented. Ambassador referred to the positive experience of the “Bolashak” (Future) program and branches of the world's leading universities in Kazakhstan.Videos and photo slides also have been demonstrated to the university audience talking about Kazakhstan, its traditions and people. After his speech, Ambassador Burshakov answered numerous questions from the conference participants.Source : https://www.gov.kz/memleket/entities/mfa-skopje/press/news/details/1173189?lang=kk

Source : https://www.gov.kz/memleket/entities/mod/press/news/details/1173214?lang=kk

The first bright holiday of spring — Gratitude Day — has quickly taken a special place in our society, becoming a celebration of warmth and kindness, friendship and unity. Today, in the meeting hall of the district akimat, District Akim Zhandos Yerkinbek congratulated everyone on this heartfelt holiday and honored a number of citizens who have made significant contributions to the development of the district. Among them are true heroes of peaceful times who work tirelessly to ensure the uninterrupted functioning of essential public services.Honoring workers and promoting their dedicated service has become a good tradition in our country.By decree of the President, a decision has been made to hold a national referendum on the new Constitution on March 15, 2026. The new document, which is one of the main symbols of our statehood, clearly establishes the principle: “The state exists for the person, not the person for the state.” Indeed, our country provides all the necessary conditions to protect human rights and freedoms and to ensure a comfortable life.As everyone knows, in the last days of winter our region experienced severe weather conditions. The temperature suddenly rose and heavy rain fell throughout the day. This was followed by strong winds and freezing temperatures. It should be noted that such natural phenomena have not occurred in our district before.In several settlements, power lines, equipment, and trees were covered with thick ice, and heavy snowfall caused reinforced concrete poles and trees to collapse. To eliminate the consequences of the emergency, an оперативный штаб was established by order of the regional akim, and a special commission began its work.Efforts to restore electricity are being carried out around the clock, in an intensified two-shift schedule, to reconnect residents as quickly as possible.This situation became a serious test for our region. The uninterrupted provision of essential services (water, electricity, gas, heating, etc.) is under the direct supervision of the regional akim. The difficulties caused by severe weather are being overcome together in unity.During this challenging time, a number of citizens who demonstrated dedication and unity received Letters of Appreciation from the regional akim.We express our sincere gratitude to all residents for their understanding of the temporary inconveniences and to the utility workers who carried out their duties day and night with great responsibility.May our unity remain strong and our independence everlasting!Source : https://www.gov.kz/memleket/entities/kyzylorda-karmakshy/press/news/details/1173221?lang=kk

Kostanay fans solemnly welcomed the football club "Tobol," which won the Kazakhstan Super Cup.This victory belongs not only to the club but to our entire region. By winning the Super Cup for the fourth time, "Tobol" has proven itself to be one of the strongest and most competitive teams in the country."The hard work of the coaching staff and players, their unity, and high professionalism have elevated the team to a high level. In doing so, the footballers have brought immense joy to all Kostanay fans. Ahead lies a new season and new heights. I wish the team robust health, inexhaustible energy, and brilliant victories!", noted regional governor Kumar Aksakalov in his congratulatory speech.Source : https://www.gov.kz/memleket/entities/kostanay/press/news/details/1173276?lang=kk

On February 26, 2026, a meeting was held to discuss the support of investment projects in the tourism sector and address problematic issues faced by investors.During the meeting, state support mechanisms and project support tools aimed at implementing investment initiatives in the tourism sector and related fields were reviewed.Talgat Zhanatovich Gazizov, Chairman of the Management Board of JSC “NC Kazakh Tourism,” delivered a report on the support of investment projects. He presented approaches to comprehensive investor support, the formation of investment proposals, and the promotion of projects at both national and international levels.Leila Bakhyt, Chief Manager of the Investment Projects Department of JSC “NC Kazakh Tourism,” presented the master plan for the development of the Katon-Karagay region. The document предусматриes the phased implementation of infrastructure and tourism projects aimed at forming a competitive tourism cluster.Nartay Bolatovich Beisekov, Regional Director of JSC “NC Kazakh Invest,” explained the procedure for concluding investment contracts and outlined the state support measures available to investors under the current legislation.Ainur Daribayeva, Senior Banker at JSC “Development Bank of Kazakhstan,” provided information on concessional financing programs and opportunities for attracting long-term funding for the implementation of large-scale projects.Kanatbek Bolatovich Mirzabekov, Deputy Chairman of the Management Board of JSC “SPK Ertis,” presented mechanisms for working with investors through the social and entrepreneurial corporation, including co-financing and the provision of land plots.Aigul Omirzakovna Kassymova, Director of the East Kazakhstan Regional Branch of the Damu Fund, spoke about support instruments for entrepreneurs, including interest rate subsidies and guarantee mechanisms.Following the meeting, specific proposals were developed to further strengthen interagency cooperation and enhance the support of investment projects. Work in this area will continue on an ongoing basis.Source : https://www.gov.kz/memleket/entities/tourism-vko/press/news/details/1173280?lang=kk

2026 village of the branch of the party "AMANAT" dedicated to the village The request of the heads of the regional press and deputies of the advisory council was accepted by mobile phone.During the acceptance, the requests and complaints of the Turgyns were listened to and the penalties were imposed.We invite you to accept the struggles of the whole country.Source : https://www.gov.kz/memleket/entities/mangystau-munaily-qyzyltobe/press/news/details/1173305?lang=kk

A Meeting with Representatives of the Regional Tourism Sector Held in Ust-KamenogorskOn March 2, 2026, a meeting with representatives of the regional tourism industry was held in Ust-Kamenogorsk at D. Serikbayev East Kazakhstan Technical University. The event took place in a roundtable format with the participation of members of the Republican Headquarters and representatives of the public.The meeting was opened and moderated by Denis Sergeyevich Rypakov, Chairman of the East Kazakhstan Regional Maslikhat. In his remarks, he emphasized the strategic importance of East Kazakhstan as one of the country’s key tourist regions, highlighting the ongoing work on infrastructure development, modernization of the road network, and expansion of air routes.The keynote address was delivered by Aida Galymovna Balayeva, Deputy Prime Minister – Minister of Culture and Information of the Republic of Kazakhstan, Deputy Chair of the Commission on Constitutional Reform. In her speech, she addressed issues related to the country’s further development, the role of the public in making strategically important decisions, and the significance of citizens’ active participation in the upcoming referendum.The following speakers also addressed the meeting:Lukbek Shabdanovich Tumashinov, Deputy of the Mazhilis of the Parliament of the Republic of Kazakhstan, Member of the Committee on Economic Reforms and Regional Development;Sergey Mikhailovich Ponomarev, Deputy of the Mazhilis of the Parliament of the Republic of Kazakhstan, Member of the Committee on Ecology and Environmental Management, Member of the Commission on Constitutional Reform;Satybaldy Telagysovich Dauletalin, Chairman of the Federation of Trade Unions of the Republic of Kazakhstan, Member of the Commission on Constitutional Reform;Polina Viktorovna Shimanskaya, Press Secretary of Channel One “Eurasia,” journalist, blogger, and eco-activist.During the meeting, representatives of the tourism business community, heads of industry organizations, and regional entrepreneurs asked questions, shared their views, and put forward proposals and initiatives. Among the speakers were individual entrepreneurs, representatives of educational institutions, and health and wellness tourism facilities.Participants noted that the development of tourism in East Kazakhstan Region is a key priority of the region’s socio-economic policy. The focus is on building modern service infrastructure, improving service quality, and establishing a sustainable hospitality industry.Summing up the meeting, it was emphasized that in this important historical period, consolidated public participation is essential for ensuring the country’s continued progressive development.The meeting was held in a constructive and open atmosphere, demonstrating a high level of engagement of the professional community in discussing current issues related to the development of the country and the region.Source : https://www.gov.kz/memleket/entities/tourism-vko/press/news/details/1173309?lang=kk

The results of sanitary cleaning of roadsides throughout the district of Kyzyltobe village were carried out.📍Kyzyltobe village of the district administration.Source : https://www.gov.kz/memleket/entities/mangystau-munaily-qyzyltobe/press/news/details/1173318?lang=kk

An extraordinary session of the Kostanay Regional Maslikhat of the VIII convocation considered a number of issues. The regional akim, Kumar Aksakalov, participated in the meeting.The deputies discussed amendments to the regional budget for 2026–2028, setting rental rates for the use of monuments of history and culture of local significance, and approving the tariff per cubic meter of drinking water supplied from water supply systems subject to subsidization in the Kostanay region.Furthermore, changes to certain decisions of the Maslikhat were considered.The meeting also raised the issue of Arkalyk city's development. Currently, the largest gap in key indicators of infrastructure quality among the region's cities is recorded precisely in Arkalyk. The share of roads in good and satisfactory condition there is 31.6%."For comparison: in Tobyl city — 51.5%, in Rudny — 63.6%, in Zhetikara — 73.2%, in Lisakovsk — 93.6%, in Kostanay — 99.5%. The difference between the regional center and Arkalyk reaches 70%. The actual share of quality roads in Kostanay is more than three times higher. Courtyard areas and facades of apartment buildings in Arkalyk have not been renovated for many years. In the Address to the People of Kazakhstan, the President of the country emphasized that special attention should be paid to the development of the Torgay region," stressed the regional akim.Since last year, programs for improvement have begun to be implemented in Arkalyk, which will improve the living conditions of the population.The considered issues received support from the deputies.Source : https://www.gov.kz/memleket/entities/kostanay/press/news/details/1173324?lang=kk

The enpf.kz website presents a report on the management of pension assets of the National Bank of the Republic of Kazakhstan and the IPM as of February 1, 2026. UAPF JSC (UAPF, the Fund) presents a report on the management of pension assets by the National Bank of the Republic of Kazakhstan (NBRK) and investment portfolio managers (IPM) on the website enpf.kz in the section "Statistics and Analytics - Investment Management of Pension Assets". As of February 1, 2026, the total volume of pension assets managed by the NBRK and the IPM amounted to KZT26,337.27bln. As of this date, UAPF pension assets held in trust by the NBRK, formed from compulsory pension contributions (CPCs), compulsory occupational pension contributions (COPCs), and voluntary pension contributions (VPCs), amounted to approximately KZT25,435.96bln. The volume of pension assets formed from employer compulsory pension contributions (ECPCs) held in trust by the NBRK amounted to KZT806.69 bln.Pension assets under IPM management amounted to KZT94.62 bln.  Investment portfolio of pension assets managed by the National Bank of the Republic of Kazakhstan The National Bank, as the trustee of the UAPF pension assets, pursues a balanced investment policy: investing in various types of financial instruments by currency, country, sector, and issuer.The main areas of investment of pension assets formed through CPC, COPC, and VPC, as of February 1, 2026, are as follows: government securities of the Ministry of Finance of the Republic of Kazakhstan - 42.92%, bonds of quasi-public companies - 9.36%, deposits of the National Bank of the Republic of Kazakhstan - 2.53%, bonds of second-tier banks of the Republic of Kazakhstan - 2.48%, shares and depositary receipts of issuers of the Republic of Kazakhstan - 2.38%, government securities of foreign states - 2.09%, microfinance organizations - 1.23%.The investment portfolio, broken down by currencies in which financial instruments acquired through the CPC, COPC, and VPC are denominated, as of February 1, 2026, is as follows: investments in national currency account for 59.33%, and investments in US dollars account for 40.66% of the pension asset portfolio.An analysis of the income structure shows that interest income on securities, including deposits and reverse repo transactions, amounted to KZT179.5 bln, income from the revaluation of securities amounted to KZT105.48 bln, and other income amounted to KZT0.14 bln. The revaluation of securities, foreign currency, and externally managed assets, including taking into account exchange rate revaluation, was negative.The accrued investment income for the last 12 months from February 2025 to January 2026 amounted to approximately KZT2.28 trln, with a yield of 9.74% for this period. ECPC's investment portfolio as of February 1, 2026, was as follows: government securities of the Ministry of Finance of the Republic of Kazakhstan – 87.90%, repo transactions – 6.23%, NBRK deposits – 5.85%, and cash in investment accounts – 0.01%.The ECPC investment portfolio includes only financial instruments denominated in the national currency. Interest income on securities, including deposits and reverse repo transactions, amounted to KZT9.42 bln. The market revaluation of securities was negative.As of February 1, 2026, ECPC's return over the past 12 months was 10.36%.As a reminder, pension savings are long-term investments. Therefore, it is advisable to analyze investment income over a period of at least one year. In certain periods, a decrease in returns may be observed due to foreign exchange rate volatility, changes in the market value of financial instruments, and the impact of inflation. Diversifying an investment portfolio, whereby income from some instruments offsets temporary losses from others, ensures the safety and sustainable return of pension savings over the long term. For example, investment income has shown stable growth over the past three years, and the return on pension assets exceeds the inflation rate.A detailed breakdownof the investment portfolio of financial instruments managed by the National Bank of the Republic of Kazakhstan, including issuers, and an overview of investment activities are available on the official UAPF website. Information on the portfolio structureof pension assets formed through ECPC is also available on the enpf.kz website.Investment Portfolio Managers The total pension assets under IPM management amount to KZT94.62 bln.As of February 1, 2026, pension assets under the trust management of Alatau City Invest JSC amounted to KZT15.71 bln.The company's main investments: Exchange Traded Funds (ETF) units – 25.22%, government securities of the Ministry of Finance of the Republic of Kazakhstan – 14.01%, bonds of second-tier banks of the Republic of Kazakhstan – 13.41%, repos – 11.37%, corporate bonds of issuers of the Republic of Kazakhstan – 10.17%, bonds of quasi-public organizations of the Republic of Kazakhstan – 10.00%, corporate bonds of foreign issuers – 5.34%, microfinance organizations – 4.72%, shares and depositary receipts of issuers of the Republic of Kazakhstan – 3.51%, government securities of foreign states – 2.12%. It should be noted that 68.35% of the portfolio is represented in tenge, 30.52% in US dollars, 1.13% in other currencies.The return on pension assets over the past 12 months from February 2025 to January 2026 was 12.35%.A detailed breakdownof the investment portfolio of financial instruments managed by Alatau City Invest JSC, including issuers, is available on the UAPF website. As of February 1, 2026, pension assets under trust management by Halyk Global Markets JSC amounted to KZT8.19 bln.The main investments in the portfolio structure are as follows: equity instruments of foreign issuers (ETF units) – 25.58%, reverse repos (up to 90 calendar days) – 16.43%, bonds of second-tier banks of the Republic of Kazakhstan – 14.51%, government securities of the Ministry of Finance of the Republic of Kazakhstan – 12.83%, bonds of quasi-public organizations of the Republic of Kazakhstan – 10.24%, shares and depositary receipts issued by organizations of the Republic of Kazakhstan – 4.05%, corporate bonds of organizations of the Republic of Kazakhstan – 4.05%.Investments in national currency accounted for 65.68% of the portfolio, and in US dollars – 34.32%.The return on pension assets over the past 12 months from February 2025 to January 2026 was 10.41%.A detailed structure of the investment portfolio of financial instruments managed by Halyk Global Markets JSC, with an indication of issuers, is presented on the UAPF website. As of February 1, 2026, UAPF pension assets held in trust by BCC Invest JSC amounted to KZT11.71 bln.Main investment areas: bonds of Kazakhstan's second-tier banks – 23.39%, government securities of the Ministry of Finance of the Republic of Kazakhstan – 17.73%, bonds of quasi-public organizations of the Republic of Kazakhstan – 15.23%, repo – 12.93%, corporate bonds of issuers-residents of the Republic of Kazakhstan – 10.86%, government securities of foreign governments – 8.46%, corporate bonds of foreign issuers – 7.50%.Investments in national currency accounted for 67.76% of the portfolio, in US dollars – 32.24%.The return on pension assets for the last 12 months from February 2025 to January 2026 was 10.17%.A detailed breakdownof the investment portfolio of financial instruments managed by BCC Invest JSC, including issuers, is available on the UAPF website. As of February 1, 2026, UAPF's pension assets held in trust by Centras Securities JSC amounted to KZT5.26 bln.21.61% of the portfolio was invested in bonds of quasi-public organizations of the Republic of Kazakhstan, bonds of second-tier banks of the Republic of Kazakhstan – 19.04%, corporate bonds of issuers of the Republic of Kazakhstan – 14.24%, government securities of the Ministry of Finance of the Republic of Kazakhstan – 9.93%, US government bonds – 9.62%, repo – 7.34%, shares and depositary receipts of issuers-residents of the Republic of Kazakhstan – 4.29%, shares and depositary receipts of foreign issuers – 2.25%.Investments in national currency constituted 68.31% of the portfolio, and in US dollars – 31.69%.The return on pension assets over the last 12 months from January 2025 to February 2026 was 16.72%.A detailed breakdownof the investment portfolio of financial instruments managed by Centras Securities JSC, including issuers, is available on the UAPF website. As of February 1, 2026, pension assets held in trust by Halyk Finance, a subsidiary of Halyk Bank of Kazakhstan, amounted to KZT53.75 bln.The main investments in the portfolio structure are as follows: reverse repo (up to 90 calendar days) – 21.83%, government securities of the Ministry of Finance of the Republic of Kazakhstan – 15.53%, bonds of second-tier banks of the Republic of Kazakhstan – 15.18%, microfinance organizations – 11.92%, Exchange Traded Funds (ETF) units – 7.28%, corporate bonds of foreign issuers – 6.50%, corporate bonds of issuers of the Republic of Kazakhstan – 5.50%, bonds of quasi-public organizations of the Republic of Kazakhstan – 5.16%, shares and depositary receipts of issuers of the Republic of Kazakhstan – 2.71%.64.11% of the portfolio is invested in instruments denominated in national currency, and 35.89% in US dollars.The return on pension assets over the past 12 months from February 2025 to January 2026 was 8.96%.A detailed structureof the investment portfolio of financial instruments managed by Halyk FinanceJSC, including issuers, is available on the UAPF website.  From July 1, 2023, contributors can transfer up to 50% of their pension savings through compulsory pension contributions (CPCs) and compulsory occupational pension contributions (COPCs) to an investment portfolio manager (IPM) of their choice, regardless of the minimum adequacy threshold. Contributors with voluntary pension savings can transfer 100% of their savings to an IPM.As a reminder, a system for evaluating IPM performance based on Ki composite indices was introduced on January 1, 2026. A composite index is a benchmark that includes national and global stock market indices, providing an objective assessment of IPM performance, taking into account global economic trends and capital market conditions. Since 2026, IPMs have been implementing pension asset management activities based on a new approach, which involves choosing one of three investment portfolios with different levels of risk, return, and investment terms.If the return on pension assets falls below the established minimum (composite benchmark), the IPM must offset the negative difference from its own capital. Thus, private managers are responsible for ensuring the safety of savings using their own capital. It should be noted that since 2021, when it became possible to transfer pension savings to IPM management, all management companies have complied with the established standards, and therefore there has been no need to offset the established difference.Source : https://www.gov.kz/memleket/entities/kostanai-rudnyi-kalasy-akimat/press/news/details/1173343?lang=kk

With expanded opportunities for managing pension savings, citizens have the right, in accordance with the Social Code of the Republic of Kazakhstan, to transfer a portion of their savings from the trust management of the National Bank of the Republic of Kazakhstan (NBRK) to investment portfolio managers (IPMs), transfer funds from one IPM to another, and return pension funds from IPM management back to the NBRK.Therefore, under current legislation, contributors have the right to reconsider previously made investment decisions based on their personal financial goals and preferences.In response to inquiries regarding the procedure for returning pension funds from IPM management to the NBRK, the UAPF explains the conditions and steps involved in making this decision.In accordance with paragraph 10, clause 1, Article 40, Chapter 5 of the Social Code of the Republic of Kazakhstan, contributors of co[pulsory pension contributions (CPC), individuals for whom employer’s compulsory pension contributions (ECPC), mandatory occupational pension contributions (COPC), voluntary pension contributions (VPC) have been transferred, and recipients of pension benefits from the Unified Accumulative Pension Fund (UAPF) have the right to submit an application to the Fund for the return of pension savings held in trust by an IPM to the trust management of the National Bank of the Republic of Kazakhstan no earlier than one year from the date of transfer of pension savings to the trust management of the IPM.If pension savings have been transferred to the trust management of the same IPM several times, the return of pension savings to the National Bank of the Republic of Kazakhstan is carried out no earlier than one year from the date of the initial transfer of pension savings to trust management.The procedure and timeframe for the transfer of pension assets from the trust management of an IPM to the trust management of the National Bank of the Republic of Kazakhstan are determined by the rules approved by the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (ARDFM).[1] The procedure for transferring pension savings from IPM trust management to the management of the National Bank of the Republic of Kazakhstan: If a contributor decides to return pension savings from the IPM to the NBRK, they submit an application to the UAPF using the form established by the UAPF's internal documents, either in person or through the UAPF website, signed with an electronic digital signature. If a contributor submits an application to return pension savings from the IPM's trust management to the NBRK's, the Fund will transfer the funds within 30 calendar days of receiving the application. In some cases, the return of pension savings from the IPM trust management to the NBRK management is carried out automatically (without the mandatory requirement of submitting an application for the return of pension savings from the IPM trust management to the NBRK management):within 10 business days - until reaching retirement age;within 2 business days from the date of receipt of an application for the appointment of pension benefits in connection with the death of a person with pension savings in the UAPF (for burial, to heirs), or a court decision that has entered into legal force, as well as in other cases stipulated by the Social Code of the Republic of Kazakhstan: for example, upon receipt of an application for the payment of pension savings from persons with disabilities of the first and second groups, if the disability is established indefinitely; the established package of documents from persons who have left for permanent residence outside of Kazakhstan, etc.within 10 business days from the date of termination of the trust management agreement for pension assets with the IPM, if the contributor has not exercised the right to transfer pension savings to trust management of another IPM. The Fund notifies the IPM of the upcoming transfer of assets no later than 10 working days before the date of transfer of pension assets, except in cases related to the death of the contributor, a court decision that has entered into legal force, and other grounds provided for by law.[2]. The UAPF has the right to refuse the return of pension savings within 5 working days from the date of receipt of the corresponding application for return in the following cases:the contributor's identity document is invalid on the date of application;the application is submitted earlier than one year after the initial transfer of pension assets from the NBRK management to the IPM management (except in cases related to reaching retirement age, the contributor's death, a final court decision, termination of the trust management agreement with the IPM, and other grounds provided for by law[3]). Refunds from IPM trust management to the National Bank of the Republic of Kazakhstan (NBRK) are made in the amount specified in the application for the return of pension savings. Upon receipt of a payment order for the return of the contributor's pension savings from the UAPF, the IPM custodian bank transfers the contributor's pension savings to the UAPF account at the NBRK within one business day.  [1]Resolution of the Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market dated May 26, 2023 No. 28 "On approval of the Rules and terms for the transfer of pension assets to the trust management of an investment portfolio manager and the transfer of pension assets from one investment portfolio manager to another investment portfolio manager or the National Bank of the Republic of Kazakhstan"[2]in the cases provided for in subparagraphs 2), 3) of paragraph 1 and paragraph 1-1 of Article 220, subparagraphs 2), 2-1) and 3) of paragraph 1 of Article 221, paragraph 1 of Article 223 of the Code;[3]in the cases provided for in subparagraphs 2), 3) of paragraph 1 and paragraph 1-1 of Article 220, subparagraphs 2), 2-1) and 3) of paragraph 1 of Article 221, paragraph 1 of Article 223 of the Code; Source : https://www.gov.kz/memleket/entities/kostanai-rudnyi-kalasy-akimat/press/news/details/1173345?lang=kk