News
В The Ministry of Defense of Kazakhstan held a meeting with the military attaché of Hungary 29.05.2025
Source : https://www.gov.kz/memleket/entities/mod/press/news/details/1007440?lang=kk
The implementation of the "Taza Kazakhstan" program was discussed in Kostanay region 29.05.2025
A working meeting on the implementation of the republican environmental program "Taza Kazakhstan" was held in the Akimat of the Kostanay region under the chairmanship of the regional akim Kumar Aksakalov.The program was initiated by the Head of State and is aimed at improving the quality of life of the population, raising environmental culture and creating a comfortable urban environment.Interim results of 2024As Kumar Aksakalov noted, in 2024, a significant amount of work was carried out within the framework of the program in the Kostanay region:327 squares and courtyards were improved;354 unauthorized landfills were eliminated;more than 133 thousand trees were planted;13.5 thousand new street lamps were installed - street illumination was increased from 80% to 90%;71 apartment buildings were reconstructed;362 emergency and abandoned buildings were demolished.Budget and priorities for 2025The work continues this year.12.7 billion tenge has been allocated for the implementation of measures to improve the region's populated areas in 2025, which is 12% more than last year.Of these:more than 44% are aimed at landscaping, developing parks and squares;over 30% - for major repairs of apartment buildings, including replacing roofs, updating facades and balconies.The Akim of the region emphasized the need to adhere to uniform approaches to the architectural appearance of buildings and the urban environment:"We should abandon the flashy colors of facades and give preference to a calm, restrained palette - gray-brick and beige tones. It is important to create mini-squares and green areas within walking distance of residential areas, and use any free areas for improvement."Feedback and Involvement of ResidentsSpecial attention at the meeting was paid to the issue of informing and involving the population in the implementation of the program.During the analysis, it was found that in five districts of the region there are no citizen requests via the Telegram chatbot "Taza Kazakhstan". This indicates weak information coverage and low activity of the population."Akimats should not perceive the lack of applications as an indicator of well-being. On the contrary, this is a signal of insufficient work with the population. Citizen involvement is a key indicator of the effectiveness of the program," said Kumar Aksakalov.A systematic approach is the basis for the resultThe akim of the region emphasized that the implementation of "Taza Kazakhstan" is not a one-time event, but a systematic and strategic work that requires the personal participation of leaders at all levels.At the end of the meeting, Kumar Aksakalov instructed the akims of cities and districts to take special control over the implementation of all activities and ensure an open dialogue with the population.Source : https://www.gov.kz/memleket/entities/kostanay/press/news/details/1007444?lang=kk
Investment portfolios of pension assets managed by the NBRK and IPM as of May 1, 2025 29.05.2025
UAPF JSC (hereinafter referred to as UAPF) presents a report on the management of pension assets by the National Bank of the Republic of Kazakhstan (hereinafter referred to as NBRK) and investment portfolio managers (hereinafter referred to as IPM) on the enpf.kz website in the section "Indicators - Investment activities". The total volume of pension assets as of May 1, 2025, under the management of the NBRK and IPM amounted to KZT23,065.95 bln. As of this date, UAPF pension assets under the trust management of the NBRK, formed through compulsory pension contributions (hereinafter referred to as CPC), compulsoryoccupational pension contributions (hereinafter referred to as COPC), voluntary pension contributions (hereinafter referred to as VPC), amounted to about KZT22,630.73 bln[1]. The volume of pension assets formed by employer’scompulsory pension contributions (hereinafter referred to as ECPC), which are in the trust management of the NBRK, is KZT372.84 bln.Pension assets under IPM management amounted to more than KZT62.38 bln. Investment portfolio of pension assets managed by the National Bank of the Republic of Kazakhstan The National Bank, as a trustee of UAPF pension assets, pursues a balanced investment policy: invests in various types of financial instruments by currencies, countries, sectors and issuers.The main areas of investment of pension assets formed through CPC, COPC, VPC, as of May 1, 2025, are as follows: government securities of the Ministry of Finance of the Republic of Kazakhstan - 43.14%, bonds of quasi-public companies - 9.09%, bonds of second-tier banks of the Republic of Kazakhstan - 3.21%, deposits of the National Bank of the Republic of Kazakhstan - 2.22%, shares and depositary receipts of issuers of the Republic of Kazakhstan - 1.49%, IFOs - 1.37%.The investment portfolio broken down by currencies in which financial instruments acquired through CPC, COPC, VPC are denominated as of May 1, 2025, looks like this: investments in national currency - 59.63%, in US dollars - 40.37%, in other currencies - 0.01% of the pension asset portfolio.From the analysis of the structure of the received income it follows that the income in the form of remuneration on securities, including on placed deposits and reverse repo transactions, amounted to KZT590.71 bln. The market revaluation of securities, foreign currency, on assets under external management was negative. Other income amounted to KZT4.32 bln.Despite short-term fluctuations in profitability, over the past 12 months from May 2024 to April 2025, the amount of accrued investment income amounted to about KZT2.63 trillion, the yield for this period was 13.35% with inflation at 10.70%. ECPC investment areas as of May 1, 2025 are as follows: government securities of the Ministry of Finance of the Republic of Kazakhstan - 77.98%, repo transactions - 15.94%, NBRK deposits - 6.08%.The investment portfolio at the expense of ECPC includes only financial instruments denominated in national currency.As of May 1, 2025, the yield of ECPC PA over the past 12 months was 9.03%.Let us recall that pension savings are long-term investments. Therefore, it is advisable to analyze the size of investment income for a period of at least one year. In certain periods, a decrease in return may be observed due to the volatility of foreign exchange rates, changes in the market value of financial instruments, as well as the impact of inflation. Diversification of the investment portfolio, when income from some instruments covers temporary losses on others, ensures the safety and stable return on pension savings in the long term. Thus, investment income in dynamics over the past 3 years shows stable growth, the return on pension assets exceeds the inflation rate. A detailed structureof the investment portfolio of financial instruments managed by the NBRK, indicating issuers, and an overview of investment activities are posted on the official website of UAPF. Information on the structure of the portfoliofor pension assets formed through ECPC is also posted on the enpf.kz website.Investment Portfolio Managers The total volume of pension assets under IPM management is over KZT62.38 bln.As of 01.05.2025, pension assets under trust management of Jusan Invest JSC amounted to KZT11.70 bln.The company's main investments: Exchange Traded Funds (ETF) units - 21.55%, bonds of second-tier banks of the Republic of Kazakhstan - 18.88%, government securities of the Ministry of Finance of the Republic of Kazakhstan - 17.78%, Repo - 10.35%, corporate bonds of foreign issuers - 7.91%, MFIs - 6.22%, corporate bonds of issuers of the Republic of Kazakhstan - 6.03%, government securities of foreign states - 4.75%. It should be noted that 67.00% of the portfolio is presented in tenge, 31.58% - in US dollars, 1.42% - in other currencies.As of May 1, 2025, the return on UAPF pension assets over the past 12 months, distributed to the accounts of contributors (beneficiaries), amounted to 16.42%. A detailed structureof the investment portfolio of financial instruments managed by Jusan Invest JSC, indicating the issuers, is presented on the UAPF website. As of 01.05.2025, pension assets under trust management of Halyk Global Markets JSC amounted to KZT5.46 bln.The main investments in the portfolio structure are as follows: "reverse repo" (up to 90 calendar days) - 22.90%, corporate bonds of foreign issuers - 14.26%, government securities of the Ministry of Finance of the Republic of Kazakhstan - 12.87%, bonds of second-tier banks of the Republic of Kazakhstan - 11.45%, corporate bonds of organizations of the Republic of Kazakhstan - 10.94%, bonds of quasi-public organizations of the Republic of Kazakhstan - 8.96%, equity instruments of foreign issuers (ETF units) - 7.50%, shares and depositary receipts issued by organizations of the Republic of Kazakhstan - 2.61%, securities with government status issued by the central governments of foreign states - 2.54%. Investments in national currency accounted for 69.72% of the portfolio, in US dollars - 30.28%. As of May 1, 2025, the return on UAPF pension assets over the past 12 months, distributed to contributors (beneficiaries) accounts, amounted to 16.74%. A detailed structureof the investment portfolio of financial instruments managed by Halyk Global Markets JSC, indicating the issuers, is presented on the UAPF website. As of May 1, 2025, UAPF pension assets under the trust management of BCC Invest JSC amounted to KZT6.17 bln. Main investment areas: bonds of the second-tier banks of the Republic of Kazakhstan - 26.20%, bonds of quasi-public organizations of the Republic of Kazakhstan - 19.17%, corporate bonds of issuers-residents of the Republic of Kazakhstan - 16.62%, corporate bonds of foreign issuers - 11.01%, REPO - 9.19%, government securities of the Ministry of Finance of the Republic of Kazakhstan - 8.45%.Investments in national currency amounted to 75.77% of the portfolio, in US dollars - 24.23%.As of May 1, 2025, the yield of UAPF pension assets over the past 12 months, distributed to contributors (beneficiaries) accounts, amounted to 17.45%.A detailed structureof the investment portfolio of financial instruments managed by BCC Invest JSC, indicating the issuers, is available on the UAPF website. As of 01.05.2025, UAPF pension assets under trust management of Centras Securities JSC amounted to KZT2.31 bln.21.17% were invested in government securities of the Ministry of Finance of the Republic of Kazakhstan, corporate bonds of issuers of the Republic of Kazakhstan - 19.94%, bonds of quasi-public organizations - 18.34%, bonds of second-tier banks of the Republic of Kazakhstan - 10.23%, US government bonds - 6.58%, repo - 5.54%, shares and depositary receipts of issuers-residents of the Republic of Kazakhstan - 4.31%.Investments in national currency amounted to 69.82% of the portfolio, in US dollars - 30.18%.As of May 1, 2025, the return on UAPF pension assets over the past 12 months, distributed to contributor (beneficiaries) accounts, was 15.66%.A detailed structureof the investment portfolio of financial instruments managed by Centras Securities JSC, indicating the issuers, is presented on the UAPF website. As of 01.05.2025, pension assets under the trust management of Halyk Finance JSC, amounted to KZT36.74 bln.The main investments in the portfolio structure are as follows: Government securities of the Ministry of Finance of the Republic of Kazakhstan - 25.23%, corporate bonds of issuers of the Republic of Kazakhstan - 14.12%, corporate bonds of foreign issuers - 10.87%, bonds of second-tier banks of the Republic of Kazakhstan - 11.78%, units of Exchange Traded Funds (ETF) - 10.04%, shares and depositary receipts of foreign issuers - 7.30%, government securities of foreign states - 6.48%, bonds of quasi-public organizations of the Republic of Kazakhstan - 6.77%. 60.20% of the portfolio is invested in instruments in national currency, 39.80% in US dollars.As of May 1, 2025, the return on UAPF pension assets over the past 12 months, distributed to contributors (beneficiaries) accounts, amounted to 16.49%.A detailed structureof the investment portfolio of financial instruments managed by Halyk Finance SOof Halyk Bank of Kazakhstan JSC with the indication of issuers is presented on the UAPF website. Recall that from July 1, 2023, contributors can transfer no more than 50% of pension savings to trust management through compulsory pension contributions (CPC) and compulsory occupational pension contributions (COPC) without taking into account the minimum sufficiency threshold by investment portfolio managers (IPM), choosing such a company themselves. Contributors who have voluntary pension savings can transfer them to their IPM in the amount of 100%. UAPF was founded on August 22, 2013 on the basis of GNPF APF JSC. The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan represented by the State Institution Committee of State Property and Privatization of the Ministry of Finance of the Republic of Kazakhstan. Trust management of UAPF pension assets is carried out by the National Bank of the Republic of Kazakhstan. In accordance with the pension legislation, the UAPF attracts compulsory pension contributions, employer’s compulsory pension contributions, compulsory occupational pension contributions, voluntary pension contributions, as well as carries out enrollment and accounting of voluntary pension contributions formed at the expense of the unclaimed amount of guaranteed compensation for the guaranteed deposit, transferred by the organization carrying out mandatory guarantee of deposits, in accordance with the Law of the Republic of Kazakhstan "On mandatory guarantee of deposits placed in second-tier banks of the Republic of Kazakhstan", ensures the implementation of pension benefits. The Fund also carries out accounting of target assets and target requirements, accounting and crediting of target savings (TS) to target savings accounts, payments of TS to their recipients in bank accounts, accounting for returns of TS in the manner determined by the Government of the Republic of Kazakhstan within the framework of the National Fund for Children program (More details at www.enpf.kz) [1] без учета денег на счетах пенсионных взносов и выплатSource : https://www.gov.kz/memleket/entities/kostanai-rudnyi-kalasy-akimat/press/news/details/1007396?lang=kk
To date, 1.6 million hectares of agricultural crops have been sown in Akmola region. 29.05.2025
This is twice as much as in the same period last year.A total of 5.5 million hectares of agricultural land are planned to be sown in the region this year.Source : https://www.gov.kz/memleket/entities/aqmola-ush/press/news/details/1007403?lang=kk
Statement President of the Republic of Kazakhstan Mr. Kassym-Jomart Tokayev at the Plenary session of the Astana International Forum 29.05.2025
Excellencies, Distinguished Guests,It is my great pleasure to welcome all of you to the Astana International Forum.We are very happy to be with our friends and colleagues representing governments, diplomacy, business, and academia.I would like to express my sincere gratitude to our special guests, President of Rwanda Paul Kagame, President of North Macedonia Gordana Siljanovska-Davkova, the Secretary General of the Council of Europe Alain Berset, former UN Secretary-General Ban Ki-moon, heads of the United Nations organizations and other distinguished participants.We are very hopeful for a fruitful exchange of views on global economic affairs, regional cooperation and other acute problems that emerge in the international agenda.We meet at a time of profound global uncertainty. It is tempting to describe this moment as a crossroad, as an inflection point in world affairs.But such formulas should be left for historians to fix. What matters now is how we respond. That choice lies with us – in the decisions we make and the values we uphold.Conflicts and wars continue to spread across continents and communities. As of last year, 52 states were experiencing armed conflict. Meanwhile, the economic impact of violence reached $19 trillion – nearly 13.5% of global GDP.Yet beyond the numbers lies a more troubling reality: modern conflicts are increasingly protracted and complex. They often involve a multitude of actors, including non-state groups, and are fuelled by deep-seated grievances.These factors make lasting peace far more difficult to achieve. And the most concerning aspect of this kind of global situation is that it fully contradicts a new trend of Artificial Intelligence which is gaining upper hand in bringing the whole human-kind to entirely renovated and still unknown reality with new senses and new assessments.And in this context military conflicts and even wars based on historical judgements or political animosities look absolutely outdated and even bizarre.Instead of making wars we must embrace our peoples, first of all the younger generation, to become more engaged in making progress and creating enlightened societies.While conventional conflicts demand urgent attention, we must also focus on even more challenging perspective: the growing strain between nuclear-armed states.Today, nine states possess a combined arsenal of over 13,000 nuclear weapons. Experts warn that the risk of use is increasing – whether by miscalculation, accident, or escalation.The consequences of a single detonation would become disastrous. Scientists estimate that beyond the immediate destruction, it could trigger global climate disaster and destroy harvests.We know what this means. Kazakhstan lives with the historical legacy of 450 nuclear tests. We relinquished our inherited nuclear arsenal in the name of peace. Today, we continue our advócacy for non-proliferation of nuclear and biological weapons.We must recognize that the threats to global security are not only geopolitical.The post-war global order is fragmenting. Protectionism is rising. Multilateralism is faltering.In this emerging disorder, the task before us is clear: to preserve cooperation where it still exists, and to restore it where it has broken down.Kazakhstan approaches today’s turbulent world with a spirit of constructive engagement. Our foreign policy is based on the belief that dialogue is more powerful than division, and that sovereign rights must be respected.There should be no room for nationalistic hubris and ígnorance of historic and cultural traditions of the peoples.Meanwhile there also should be due respect to the right of all national minorities to speak their languages and cultivate their cultures. That’s what we in Kazakhstan strongly pursue: “The unity in diversity”. Dear friends,Over the past few years, Kazakhstan has undergone profound economic and institutional reforms. Our goal is clear: to build a more diversified, inclusive, and future-ready economy – one where growth is not just sustained, but shared.We have taken nation-building efforts to get modernized Kazakhstan and to make sure our country will definitely become Just and Fair.Through a nationwide referendum, we have amended our Constitution and reformed the key institutions of power.We moved away from a “super-presidential” system towards a presidential republic with consolidated system of checks and balances – based on the concept of a “Strong President - Influential Parliament and Accountable Government.”I firmly believe that this concept remains the most appropriate model for Kazakhstan’s political system.We have enacted a limit of a single, seven-year term for president. This unprecedented step in Kazakhstan and even beyond, from my point of view, will make my country politically safer, economically more vibrant, and more civilized as a society.I am convinced that President is a state-manager hired by his people for certain term, in our case for seven years.As to our parliamentary system, it enjoys a wider representation of civil society, new political parties, women, youth, and people from vulnerable groups.I also firmly believe that no further development is possible without functional system of protecting human rights reflected by the concept of “Law and Order”.We acknowledge that our reforms are taking place in a highly fragile geopolitical environment. But as the saying goes, “the road will be mastered by the walking one” - we will not deviate from this strategic path, reforms will be continuously carried out.Despite global headwinds, our economy grew by 5.1% in 2024. Foreign direct investment reached record levels. Freight through the Trans-Caspian International Transport Route surged 62%.Yet our vision is not measured in numbers alone. These reforms aim to create a new social contract – one where prosperity becomes a public dividend.We are investing in human capital, expanding opportunities for young professionals. Our immediate task is to reduce regional disparities to strengthen our middle class.That is why we continue to deepen our capabilities in key sectors – from digital technologies and AI to clean energy and value-added manufacturing.We are making significant progress in digital transformation, reflecting our desire to become IT hub in Eurasia.We place emphasis on artificial intelligence. The goal is to become an academic and innovation hub with a number of foreign university branches and Research and Development partnerships.Kazakhstan is launching the most powerful supercomputer, which has already been delivered here.Finally, we are planning to create a pioneering pilot zone called CryptoCity where cryptocurrencies might be used for purchasing goods, services, and even beyond.Being the source of 40% of the world’s uranium Kazakhstan puts nuclear energy as a top priority in its national strategy.But development cannot be sustainable without addressing the climate emergency. Central Asia is one of the most climate-vulnerable regions on the planet. It is experiencing warming twice as fast as the global average.In response, we are advancing a pragmatic and regionally coordinated climate agenda. Our commitment includes membership in a number of international organizations and arrangements.In 2026, we will host a Regional Ecological Summit in partnership with the UN – a platform to combine Central Asian strategies and global ambitions.Kazakhstan remains committed to a stable, integrated, and future-oriented Central Asia – one rooted in mutual respect and regional solidarity.Two months ago, the UN General Assembly formally established the United Nations Regional Centre for the SDGs for Central Asia and Afghanistan in Almaty.This is a milestone in our multilateral development engagement. This Centre will support joint projects, offer technical expertise, and coordinate international cooperation. Distinguished guests,The threats we face are clearly transnational. Yet our responses are becoming increasingly fragmented. Institutions built for global cooperation need to be duly complied with the world which is more fragile, more volatile, and more contested.Kazakhstan firmly believes that Middle Powers should have a vested interest in an equitable and inclusive global order, which needs to be reassessed and overhauled. Accordingly, Middle powers should be ready to shoulder more multilateral responsibility.Later this year, we will mark the 80th anniversary of the United Nations in New York. Founded in 1945 by 51 states in the aftermath of a devastating World War, it offered a bold vision for a more peaceful and secure world.Today, the organization counts 193 member states, a vastly more diverse, complex, and interconnected global community.Yet, the core structures of the UN, particularly the Security Council, remain largely unchanged.This disconnect between the institutional framework of 80 years back and the realities of today undermines the organization’s credibility and effectiveness.Critical decisions that affect billions of lives cannot be made by a handful of nations alone.That is why Kazakhstan supports the expansion of the United Nations Security Council, including broader regional representation.Structural reform of the Security Council is essential to ensure that the UN remains relevant and truly reflects the world as it is, not as it was.Big powers should voice their commitment to preserve peace and security by upholding a major principle of protecting territorial integrity of all states.We all should strongly remain adherent to the UN Charter with no biased and selective approaches to its principles. Thus we would be able to restore trust in authority of the United Nations. Dear friends,You have travelled to Astana from all parts of the globe, bringing your expertise, experience and perspectives shaped by different worldviews and priorities.This intellectual diversity is precisely the reason this Forum exists.Multiple futures lie ahead – some full of promise, others full of peril. Will we move toward inclusive progress or destructive fragmentation? This will depend not on the proclamations of the few, but on the cooperation of the many.The Astana International Forum was created to support that cooperation – by offering a platform rooted in mutual respect and open exchange.Our theme this year, “Connecting Minds, Shaping the Future”, is both a call and a conviction.It reflects our belief that global challenges cannot be solved in isolation – and that diplomacy must evolve beyond formal protocol into deeper, more human forms of connection.We are entering a new phase of global development – where human-to-human trust, knowledge sharing, and civic collaboration will shape the new architecture of international relations. Therefore, we must widen the circle of cooperation.Kazakhstan stands ready to contribute to this shift – as a convener of ideas, a builder of consensus, and a trusted partner across regions and cultures.Let us make this Forum a space of reflection, but also of resolve. Let us seek dialogue, but also direction.I look forward to the conversations ahead and wish you a productive, inspiring Forum.Thank you.Source : https://www.gov.kz/memleket/entities/mfa-pretoria/press/news/details/1015280?lang=kk
2.7 mln hectares planted in Akmola rgn 29.05.2025
Agrarians of the Akmola region have sown more than half of the cultivated areas. As of May 25, spring field work was carried out on 2.7 million hectares, which is 51% of the planned area of sowing.Akim of Akmola region Marat Akhmetzhanov got acquainted with the progress of spring field work in Burabay and Akkol districts.80% of the area was sown by Askop LLP in the Akkol district. The company intends to complete the construction by the beginning of June.By the way, state support for the agricultural sector in 2025 made it possible to ensure effective preparation and conduct of spring field work.This year, the area in the region occupied by agricultural crops will amount to 5.5 million hectares, which confirms the steady dynamics of the development of the agricultural sector.Following the trip, the head of the region instructed to complete the sowing campaign and, in accordance with the deadlines, carry out all work to preserve a high-quality harvest.Source : https://www.gov.kz/memleket/entities/aqmola-ush/press/news/details/1007425?lang=kk
On May 29, 2025, a meeting of the akimat of the district was held. 29.05.2025
The chairman of the Zhaksyn district maslikhat, akims of villages and rural districts, heads of executive bodies funded from the local budget, district territorial state bodies, and media representatives were invited to the meeting of the akimat.The following issues were considered during the meeting: 1. On the results of the completion of the heating season and the preparation of heat supply facilities in the Zhaksyn district for the 2025-2026 heating season; 2. On the protection of public order and road safety in the Zhaksyn district. After the meeting of the akimat of the district, a meeting on current issues was held. The following issues were considered on the agenda of the meeting: 1. On carrying out work on landscaping and landscaping of the Zhaksyn district; 2. On the results of the reporting meetings with the population in the first half of 2025. Executive discipline and compliance with the norms of the Code of Ethics of Civil Servants; 3. Explanation of the budget Code innovations. Source : https://www.gov.kz/memleket/entities/aqmola-zhaksy/press/news/details/1007382?lang=kk
A spring sowing campaign has begun in Akmola region: about 750 thousand hectares of seeds have been sown. 29.05.2025
A spring sowing campaign has begun in Akmola region: about 750 thousand hectares of seeds have been sown. This year, the area of agricultural crops will increase by 52 thousand hectares and will amount to 5.5 million hectares. This indicates the sustainable development of the agricultural sector in the region.The area of oilseeds has significantly expanded, reaching 430 thousand hectares. Currently, summer sowing has been carried out on more than 750 thousand hectares. 37 thousand units of agricultural machinery were involved in the sowing campaign.Farmers of zharkainsky district plan to sow 663.5 thousand hectares, currently 123 thousand hectares have been sown. This district is the largest in the region in terms of arable land.Source : https://www.gov.kz/memleket/entities/aqmola-ush/press/news/details/1007352?lang=kk
Planned work is underway in Akmola region to protect agricultural land from locust insects. 29.05.2025
This year, chemical treatments will be carried out on an area of 226.5 thousand hectares, of which 89.0 thousand are at the expense of the republican budget.ha and 137.5 thousand hectares at the expense of the regional budget.During the event, specialized sprayers for farmland treatment, vehicles for monitoring locust pest outbreaks, and unmanned aerial systems (drones) for surveying large areas were demonstrated. All the equipment was shown in action. The drones worked in real mode, and experts presented monitoring and processing algorithms.Following the meeting, Deputy Akim of the region Murat Balpan instructed to ensure coordinated, timely and high-quality work of all involved services during chemical treatments.Source : https://www.gov.kz/memleket/entities/aqmola-ush/press/news/details/1007364?lang=kk
A Large-Scale Investment Project with the Participation of Turkish and Qatari Companies will be Implemented in Astana 29.05.2025
Astana, May 28, 2025 – Gabidulla Ospankulov, Chairman of the Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan, and Yuldiz Koksal Salih, General Director of Kazak Protein LLP, signed an investment agreement for the implementation of one of the largest agro-industrial projects in Kazakhstan. The project is being carried out with the participation of the Turkish holding company Tiryaki Agro and the Qatari company Hassad Food, with the support of the Kazakh Invest national company.The complex will be built in the Baikonyr district of Astana and will become the country’s first full-cycle facility focused on deep processing of grains and legumes. The total investment is estimated at around 320 million US dollars, with over 500 jobs expected to be created during the construction and operational phases.The complex’s capacity will allow for the annual processing of up to 250,000 tons of wheat and 80,000 tons of peas. The products manufactured – wheat and pea starch, gluten, lysine, GFS-55 syrup, compound feed, pea protein isolate, and other components – will be supplied both to the domestic market and for export to the CIS countries, the EU, Türkiye, North America, and Southeast Asia.During the meeting, Chairman Ospankulov emphasized the strategic importance of the project for the development of Kazakhstan’s non-commodity agro-industry and the strengthening of the country’s export potential: “This project exemplifies what agro-industrial development in modern Kazakhstan should be high-tech, export-oriented, and focused on deep processing. We have long set the goal of moving away from a raw-materials-based model, and this contract, involving some of the largest Turkish and Qatari investors, confirms that Kazakhstan is becoming a magnet for serious industrial initiatives. The Investment Committee and the Kazakh Invest national company will provide comprehensive support at all stages of implementation – from facilitating administrative procedures to assisting with access to foreign markets.”The General Director of Kazak Protein LLP, Yuldiz Koksal Salih, emphasized that the company views Kazakhstan as a key partner in the region and highly values the potential of the project: “We are proud to contribute to the food security of the Republic of Kazakhstan by applying our international experience and sustainable production technologies. We are confident that, together with our Kazakh and Qatari partners, this project will serve as an example of effective agro-industrial cooperation and will promote the development of regional and global supply chains.”Tiryaki Agro is one of the largest Turkish agro-holdings, exporting agricultural products to 55 countries worldwide. The company’s annual turnover exceeds 2.5 billion US dollars, with sales volumes surpassing 4 million tons. In 2019, Tiryaki Agro ranked 64th among the largest private companies in Türkiye according to the Fortune 500 list.Hassad Food is a subsidiary of the Qatar Investment Authority (QIA), specializing in food and agro-industrial projects. Hassad Food has invested in various international projects, including key strategic enterprises in Australia, Canada, Türkiye, Oman, and other countries.Source : https://www.gov.kz/memleket/entities/invest/press/news/details/1007392?lang=kk
The State Revenue Committee reminds about the necessity to use cash registers for all types of monetary settlements 29.05.2025
The State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan draws the attention of business entities to the mandatory use of cash registers (CCM) for all types of monetary settlements, including cash payments, bank card payments, as well as mobile payments via QR codes.In accordance with the Tax Code of the Republic of Kazakhstan, all monetary settlements in the territory of the country must be made with the use of cash registers, the models of which are included in the State Register. Monetary settlements include transactions made in cash, by payment cards (through POS terminals), as well as mobile payments, including QR payments. Exceptions to this rule are provided for certain categories of payers, such as individuals, private bailiffs, lawyers, mediators and banks, as stated in the Tax Code.Recently, however, cases have become more frequent when entrepreneurs, when paying for goods or services with bank cards or via mobile applications, issue only POS terminal receipts to customers without using a cash register. Such behavior is a violation of tax legislation and may entail administrative responsibility in accordance with the Code of Administrative Offenses of the Republic of Kazakhstan.It should be noted that there are solutions on the market that integrate the functions of cash registers and POS-terminals. For example, Kaspi Pay POS-terminals, which can be integrated with Kaspi Kassa cash registers, allow entrepreneurs to simultaneously perform the functions of payment acceptance and fiscalization of transactions, ensuring compliance with legal requirements.To check the availability of registered KKMs and get information on the models included in the State Register, entrepreneurs can use the following resources:The list of KKMs, including those integrated with banks' POS-terminals is available on the official website of the Committee at the following link:https://kgd.gov.kz/sites/default/files/gosuslugi/gosreestr_kkm_ru_0-2.docxThe KKM registration verification service is available at the following link:https://portal.kgd.gov.kz/ru/pages/info-services/proverka-registracii-kkm The State Revenue Committee urges entrepreneurs to strictly comply with the requirements of the tax legislation and use only those KKM that are included in the State Register. This not only ensures the legality of doing business, but also contributes to increasing the transparency of financial transactions and building consumer confidence.Source : https://www.gov.kz/memleket/entities/kgd-zhetysu/press/news/details/1007335?lang=kk
How periodic tax audits are conducted 29.05.2025
The Kazakhstani tax authorities conduct periodic audits based on a risk assessment. This approach allows to ensure transparency and fairness - selection of companies for audits is carried out automatically with the help of a special risk management system.The schedule of audits is approved by the Ministry of Finance twice a year and is published on the official website of the agency:by December 25 - for the next year,By May 25 - for the second half of the year.The taxpayer is notified about the beginning of the audit no later than 30 days in advance. The audit itself lasts 30 working days, but can be extended - up to 45 or 60 working days, depending on the decision of the tax authority.The terms may be suspended, for example, when requesting additional documents or information from banks and government agencies.The taxpayer must be notified of the suspension or resumption.Upon completion of the audit, the act is handed over. In case of violations - a notice of the results, which must be executed within 30 working days. In case of disagreement, you can file a complaint with the authorized bodies or in court.Detailed information on the procedure of tax audits is available on the website of the Ministry of Finance of the Republic of Kazakhstan(https://www.gov.kz/memleket/entities/minfin/documents/details/769211?lang=ru; https://www.gov.kz/memleket/entities/minfin/documents/details/846669?lang=ru).The inspections are aimed at compliance with tax legislation and ensuring timely payment of taxes.Source : https://www.gov.kz/memleket/entities/kgd-zhetysu/press/news/details/1007342?lang=kk
Financial sustainability in public procurement: updates and recommendations for suppliers 29.05.2025
The State Revenue Committee of the MF RK reminds that since July 2019, the Law of the Republic of Kazakhstan “On Public Procurement” introduced the concept of “financial sustainability” of a potential supplier participating in public procurement. This indicator reflects the stability of the company and its ability to fulfill its obligations without attracting external resources. How financial sustainability is calculatedFinancial sustainability is calculated automatically on the Public Procurement web portal based on the following data provided by the public revenue authorities: revenues; taxes paid; value of fixed assets and payroll.This information is updated once a year, by October 1 preceding the year of application. For example, to participate in the procurement in 2025, the data for 2023, reflected until October 1, 2024, are taken into account, as well as taxes paid during the calendar year, i.e. in 2023. Key changes from 2025.From 2025, paragraph 68 of the Public Procurement Rules came into force, according to which adjustments that increase the financial sustainability indicator shall not be accepted, even if they are due to errors or clarifications. This means that:- late filing of accounts and retroactive payment of taxes will not affect the financial sustainability indicator;- corrections aimed at increasing the indicator will not be taken into account;- all payments should be made in the relevant reporting year. Recommendations for potential suppliersFile tax returns and pay taxes in a timely manner.Follow updates on the state procurement web portal.Ensure that all data affecting the calculation of financial sustainability is up to date and correct.These measures will ensure your readiness to participate in public procurement and increase the confidence of customers.All information on financial sustainability is generated transparently and in the same way for all participants. This ensures fair competition and encourages taxpayers to fulfill their obligations in a timely manner. Source : https://www.gov.kz/memleket/entities/kgd-zhetysu/press/news/details/1007329?lang=kk
Akmola entrepreneurs actively use state support measures 29.05.2025
Work is consistently carried out in Akmola region to support entrepreneurship and create comfortable conditions for doing business. The main objectives are to simplify access to finance, reduce bureaucracy and support production.In order to sustainably support small and medium-sized businesses in 2025, 2 billion tenge was allocated from the regional budget to subsidize loan rates through the Damu Fund. Of these, 300 million tenge are additional allocated funds. This has made it easier for entrepreneurs to obtain loans and consistently participate in financing programs.Thanks to these measures, businessmen have produced goods worth almost 2 trillion tenge, paid 185 billion tenge in taxes and created more than 7 thousand new jobs.Concessional lending plays a special role. Within the framework of the Ken Dala – 2 program, the region's farmers received over 100 billion tenge. Financing began in December 2024, which helped farmers prepare on time and start sowing.Source : https://www.gov.kz/memleket/entities/aqmola-ush/press/news/details/1007331?lang=kk
Ceremonial Capsule-Laying Marks Launch of High-Tech Cement Plant Construction in Aktobe Region 29.05.2025
A state-of-the-art cement clinker production line with a daily capacity of 3,500 tons will be commissioned in 2027 in the Bayganin district of Aktobe Region. The plant, based on cutting-edge technologies and modern quality standards from strategic investor Sinoma Cement Co., will create over 1,200 jobs.The plant is expected to be launched in the second half of 2027 with the support of Sinoma Cement Co. and the Kazakhstani investment holding Primus Capital. The total investment in the project is approximately $200 million and will create 1,260 jobs — 900 during the construction phase, 250 in the first operational phase, and over 110 in the second phase.This is the first project by Sinoma Cement Co., the international investment management platform for basic materials of the China National Building Material Group (CNBM), in Central Asia. The company already has over 20 major projects in its portfolio across Africa and the Middle East.The plant will utilize advanced carbon emission reduction technologies and modern quality standards. This will ensure environmental safety in cement production and enhance the competitiveness of the final product.To date, the project has secured a subsoil use license (for chalk, clay, and marl), completed geological exploration to confirm raw material reserves and quality under laboratory conditions of China National Building Materials Resources and Environment Co., Ltd. (CNBR). In addition, a preliminary feasibility study has been prepared, architectural and planning specifications obtained, design and estimate documentation developed, and an investment agreement signed.The new plant will contribute to import substitution and significantly reduce Kazakhstan’s dependence on cement imports. With average construction growth rates of 8.5% and only one operating cement plant in the region with an annual capacity of 800,000 tons, current cement demand is largely met through supplies from Russia, Iran, and other regions of Kazakhstan.In addition to the plant and raw material quarries, the project also includes the construction of a workers' camp and access infrastructure, including railway lines.Background information:Sinoma Cement is an A-share listed joint venture of Tianshan Materials Co., Ltd and China National Materials Engineering Co., Ltd (SINOMA). It is also the international investment management platform for basic materials of the China National Building Material Group (CNBM).Tianshan Materials Co., Ltd is a key enterprise of the China National Building Materials Group (hereinafter referred to as "CNBM") in the field of basic building materials, as well as the world's largest cement company in terms of operational scope and complete industrial chain.SINOMA, a global leader in the design of cement plants, manufacturing of equipment for the cement industry, and turnkey plant construction services, includes subsidiaries such as Beijing Triumph International Engineering (BTIEC) and Tianjin Cement Industry Design & Research Institute (TCDRI), which previously built five cement plants in Kazakhstan: Shymkent Cement, Caspi Cement, Zhambyl Cement, Shieli Cement, and Standard Cement.The parent company of Tianshan Materials and SINOMA is China National Building Material Group (CNBM), a state-owned conglomerate specializing in the production of construction materials. As a producer of non-metallic materials and a private equity firm, it has been included in the Fortune Global 500 list for 14 consecutive years, occupying the 307th position in 2024. Seven of its businesses (cement, ready-mix concrete, gypsum board, fiberglass, wind turbine blades, cement and glass engineering services) are the largest in the world. Several new materials businesses (ultra-thin electronic glass, high-performance carbon fiber, separators for lithium-ion batteries, ultra-high-voltage electrical insulators) are leaders in China.Source : https://www.gov.kz/memleket/entities/invest/press/news/details/1007307?lang=kk
Demographic trends in Kazakhstan: 2024 results and forecasts 29.05.2025
Demographic trends in Kazakhstan: 2024 results and forecasts2024 was a continuation of the global trends of population aging and declining birth rates, which have a significant impact on the pension systems of different countries, including Kazakhstan. The world is experiencing a turning point in its demographic transition. As noted at the World Economic Forum: "For the first time in human history, there are more people aged 65 and over than children aged five and under."The population of Kazakhstan as of January 1, 2025 amounted to more than 20.3 million people, of which 8.7 million people (42.8%) were under 25, 9.7 million people (48.0%) were from 25 to 65, and 1.9 million people (9.2%) were over 65.[1].According to forecasts, the population of Kazakhstan will reach 26.3 million people by the end of 2050. Life expectancy and proportion of elderly people Life expectancy after a decline due to the pandemic in 2020-2021 increased from 70.23 in 2021 to 75.44 years in 2024.The dynamics of changes in average life expectancy in the period from 2013 to 2024 are presented as follows: 201320142015201620172018201920202021202220232024Total population70.6271.4471.9772.4172.9573.1573.1871.3770.2374.4475.0975.44Males65.9166.9067.4967.9968.7268.8468.8267.0966.3370.2670.9971.33Females75.2375.8276.2676.6176.9277.1977.3075.5374.0378.4179.0679.42 Forecasts from both the UAPF and the UN show that by 2050 there will be a high level of demographic old age due to the increase in life expectancy (the share of people aged 60 and older in the total population increased from 9.7% in 2009 to 13.9% in 2024 and is projected to continue to grow to 19% by 2050, i.e. by 2050, on average, every fifth Kazakhstani will be aged 60 and older). Fact and forecast of the share of people aged 60 years and older in the total population Total fertility rateThe total fertility rate (TFR) has a significant impact on the population structure. It shows how many children a woman would give birth to on average throughout her reproductive period (i.e. from about 15 to 50 years).This indicator decreased from 3.32 in 2021 to 2.80 in 2024. According to UN forecasts, the fertility rate in Kazakhstan is expected to further decrease to 2.42 children per woman by 2050. Год201620172018201920202021202220232024TFR2.772.732.842.903.133.323.052.962.80 The decline in birth rates is a global trend for the entire world. With the gradual decline in birth rates and the increase in life expectancy, fewer and fewer people enter the labor market, and the imbalance between pensioners and the working population continues to grow. Migration balance The UNFPA (United Nations Population Fund) office in Kazakhstan in the report Analysis of the Population Situation of the Republic of Kazakhstan[2] predicts a gradual achievement of the migration balance of 0 per 1000 people by 2050, which is explained by "the economic development of the republic, which is accompanied by a high demand for labor, the gradual exhaustion of the potential for significant ethnic emigration, and rapid population growth in the countries to the south of Kazakhstan."Below is the number of immigrants and emigrants for 2016 - 2024:Year201620172018201920202021202220232024Arrived13,75515,59512,74712,25511,37011,03917,42525,38729,282Departed34,90037,72541,86845,22529,08832,25624,14716,09412,732 As can be seen, after the pandemic, the annual number of people arriving in Kazakhstan over the past three years has increased by 2.7 times, while the number of people leaving has decreased by 2.3 times since 2020. Potential support ratio Potential support ratio, calculated as the number of people of working age (25 to 64 years old) divided by the number of people aged 65 and over, continues to decline.The ratio of people of working age (25-64 years old) to pensioners (65+ years old) has decreased from 7.7 in 2012 to 5.2 in 2024. According to forecasts by both the UAPF and the UN, the potential support ratio in Kazakhstan will decrease to 3.4 by 2050, which will increase the “burden” on the working population. Fact and forecast of the potential support ratioLet us recall that the Mercer CFA Institute Global Pension Index for 2024, in which the pension system of Kazakhstan was the only CIS country represented, emphasizes the need to modernize pension systems taking into account demographic trends - declining birth rates and increasing life expectancy.In these conditions, the most effective is a multi-level (mixed) system, including state and funded components, similar to the one in force in Kazakhstan. This model more successfully solves the problem of adequate pension provision and is more resilient to demographic and economic development processes.However, it is worth considering that the solidarity pension in Kazakhstan is gradually decreasing, since it is calculated taking into account the length of service before 1998. Mandatory pension contributions of 10% may be insufficient for decent pension provision. Therefore, measures have been taken to strengthen the funded component, one of which is the gradual introduction of the ECPC from 2024 in favor of workers born in 1975 and later. Thus, at present in Kazakhstan the responsibility for pension provision of citizens lies with the state, the employee and the employer, as is accepted in world practice. UAPF was founded on August 22, 2013 on the basis of GNPF APF JSC. The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan represented by the State Institution Committee of State Property and Privatization of the Ministry of Finance of the Republic of Kazakhstan. Trust management of UAPF pension assets is carried out by the National Bank of the Republic of Kazakhstan. In accordance with the pension legislation, the UAPF attracts compulsory pension contributions, employer’s compulsory pension contributions, compulsory occupational pension contributions, voluntary pension contributions, as well as carries out enrollment and accounting of voluntary pension contributions formed at the expense of the unclaimed amount of guaranteed compensation for the guaranteed deposit, transferred by the organization carrying out mandatory guarantee of deposits, in accordance with the Law of the Republic of Kazakhstan "On mandatory guarantee of deposits placed in second-tier banks of the Republic of Kazakhstan", ensures the implementation of pension benefits. The Fund also carries out accounting of target assets and target requirements, accounting and crediting of target savings (TS) to target savings accounts, payments of TS to their recipients in bank accounts, accounting for returns of TS in the manner determined by the Government of the Republic of Kazakhstan within the framework of the National Fund for Children program (More details at www.enpf.kz) [1]according to the Bureau of National Statistics of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan [2] https://kazakhstan.unfpa.org/sites/default/files/pub-pdf/АНАЛИЗ ПОЛОЖЕНИЯ.pdfSource : https://www.gov.kz/memleket/entities/abay-kokpekti/press/news/details/1010077?lang=kk
On the Holding of the XXVI Republican (International) Creative Contest "Abai Readings" 29.05.2025
From June 18 to 21, 2025, the XXVI Republican Creative Contest "Abai Readings" will be held in the city of Semey, Abai Region, organized by the Republican Scientific and Practical Center "Daryn" of the Ministry of Education of the Republic of Kazakhstan in cooperation with the Department of Education of the Abai Region.A distinctive feature of this year’s contest is its international format, held in honor of the 180th anniversary of the great Kazakh thinker and poet Abai Kunanbaev. This event is intended not only to pay tribute to the outstanding son of the Kazakh people, but also to unite young representatives of the Kazakh diaspora from various countries around shared cultural and spiritual roots. General informationIn honor of the 180th anniversary of the great Kazakh poet, thinker, and educator Abai Kunanbayuly, the XXVI Republican Creative Contest “Abai Readings” will be held in an international format in 2025.Organizers of the contest: Ministry of Education of the Republic of Kazakhstan, Republican Scientific and Practical Center “Daryn”, Department of Education of Abai Region.Venue: Semey city, Abai Region, Republic of KazakhstanDates of the contest: June 18–21, 2025Arrival date: June 18, 2025 Departure date: June 21, 2025 ParticipantsThe contest welcomes:Students in grades 8–11(12) from Kazakh schools in Kazakhstan and abroad (including countries with compact Kazakh communities);Winners of regional and local qualifying stages;Delegations consisting of 5 participants (one per nomination) and 1 team leader. Main nominationsThe contest includes the following five nominations:“Abai’s Sacred Legacy” – expressive recitation by heart of Abai’s poems and words of edification.“Poetic Disciples of Abai” – recitation of poems by Shakarim Kudaiberdiuly, Akylbai Abaiuly, and Magauiya Abaiuly.“If You Love a Song, Love It Like Me” – performance of songs and kyuis by Abai, Shakarim, and their disciples.“Everyone Has a Claim to Poetry” – recitation of original poems composed by the participants.“The Image of Great Abai in Literature” – literary analysis of the image of Abai in artistic and literary works. Expenses and Participation ConditionsAccommodation and meals for participants and accompanying persons during the entire contest period (June 18–21) are covered by the organizers.Travel expenses to and from the contest venue are borne by the sending party.For participants from visa-required countries, the organizers will provide visa support (invitations, official letters, etc.) in cooperation with the Ministry of Foreign Affairs of the Republic of Kazakhstan. Cultural and Educational ProgramAs part of the contest, a special excursion program will be organized for participants, including visits to landmarks associated with the life and work of Abai Kunanbayuly and his intellectual circle:Abai’s native village — Kaskabulak.Abai and Shakarim Memorial Complex in the Zhidebai area.Abai and M. Auezov Literary-Memorial Museums in Boryly village.City tour of Semey, the cradle of Kazakh intellectualism and home to many prominent historical figures. Additional informationUp-to-date information about the contest, requirements, program, and application forms is available via WhatsApp: +7 777 511 19 86Contact address:Republic of Kazakhstan, Astana city, Mangilik El Avenue, 8/2,“Altyn Orda” Business Center, Office 307Tel.: +7 (7172) 57 65 63E-mail: info@daryn.kzOrganizing CommitteeRepublican Scientific and Practical Center “Daryn”Ministry of Education of the Republic of Kazakhstan.Full information about the contest, the official regulations, application procedure, and news will be published on the website: www.daryn.kzSource : https://www.gov.kz/memleket/entities/mfa-oslo/press/news/details/1007191?lang=kk
Kazakhstanis' pension savings increased by KZT4.11 trillion in a year 29.05.2025
As of May 1, 2025, pension savings of Kazakhstanis exceeded KZT23.10 trillion, showing growth over 12 months of KZT4.11 trillion or 21.7%. Пенсионные накопления, сформированные за счет обязательных пенсионных взносов (CPC), составили на 1 мая 2025 года 22,05 трлн тенге, увеличившись за 12 месяцев на 20,4%. Сумма пенсионных накоплений за счет обязательных профессиональных пенсионных взносов (COPC) – 661,69 млрд тенге (рост за 12 месяцев – 10,5%). Максимальный прирост за истекшие 12 месяцев (39,7%) показали накопления по добровольным пенсионным взносам (ДПВ), составившие 8,38 млрд тенге.Pension savings formed through compulsory pension contributions (CPC) amounted to KZT22.05 trillion as of May 1, 2025, having increased by 20.4% over 12 months. The amount of pension savings through compulsory occupational pension contributions (COPC) is KZT661.69 billion (an increase of 10.5% over 12 months). The maximum increase over the past 12 months (39.7%) was shown by savings on voluntary pension contributions (VPC), which amounted to KZT8.38 billion. As of 01.05.2025, the amount of pension savings through employer’s compulsory pension contributions (ECPC), received from January 1, 2024 to the pension accounts of contributors (beneficiaries), amounted to KZT374.30 billion. IncomesThe increase in savings is provided by pension contributions and investment income.Pension contributions to contributors' accounts for 4 months of 2025 amounted to KZT1.03 trillion (an increase of 20.8% or KZT177.82 billion compared to the previous year's figure).Individual pension savings accounts (IPSA) for CPC accounting since the beginning of the year as of 01.05.2025 received KZT852.82 billion (compared to the same period last year, the CPC volume increased by 12.3%), COPC - KZT46.47 billion (an increase of 20%), VPC - KZT1.05 billion (an increase of 7.3%). ECPC for 4 months of 2025 amounted to KZT133.86 billion.Pension benefits and transfersPayments for all types of contributions and transfers to insurance organizations from the UAPF for 4 months of 2025 amounted to KZT525.25 billion, which exceeds the volume of payments of last year's indicator by almost 2 times or by KZT239.79 billion.Most of the payments are lump-sum pension benefit payments (LSPBP) for improving housing conditions and medical treatment - KZT307.34 billion.Age-related pension benefit payments as of 01.05.2025 increased by 23.75% over 12 months and amounted to KZT80.53 billion. It should be noted that the amount of the average monthly payment according to the schedule from the UAPF in connection with reaching retirement age was 35,686 tenge.From the beginning of the year to 01.05.2025, inheritance payments were also made - KZT23.10 billion, payments in connection with leaving for permanent residence outside the Republic of Kazakhstan - KZT12.21 billion, benefits to persons with disabilities - KZT1.08 billion, funeral payments - KZT3.60 billion. An amount of KZT97.39 billion was transferred to insurance organizations. Number of IPSAThe total number of pension savings accounts in the UAPF as of May 1, 2025 was 17.52 million units (growth over 12 months - 1.51 million units or 9.4%). At the same time, the number of IPSA contributors (beneficiaries) in the UAPF as of May 1, 2025 was 12.55 million units, of which: 11.17 million - by CPC, 733.06 thousand - by COPC, 448.61 thousand - by VPC.The number of notional pension savings accounts in the UAPF, which record information on received ECPC in accordance with the legislation of the Republic of Kazakhstan, was 4.97 million units. All up-to-date information on statistical data on pension assets is posted on the enpf.kz website in the "Statistics and analytics" section. UAPF was founded on August 22, 2013 on the basis of GNPF APF JSC. The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan represented by the State Institution Committee of State Property and Privatization of the Ministry of Finance of the Republic of Kazakhstan. Trust management of UAPF pension assets is carried out by the National Bank of the Republic of Kazakhstan. In accordance with the pension legislation, the UAPF attracts compulsory pension contributions, employer’s compulsory pension contributions, compulsory occupational pension contributions, voluntary pension contributions, as well as carries out enrollment and accounting of voluntary pension contributions formed at the expense of the unclaimed amount of guaranteed compensation for the guaranteed deposit, transferred by the organization carrying out mandatory guarantee of deposits, in accordance with the Law of the Republic of Kazakhstan "On mandatory guarantee of deposits placed in second-tier banks of the Republic of Kazakhstan", ensures the implementation of pension benefits. The Fund also carries out accounting of target assets and target requirements, accounting and crediting of target savings (TS) to target savings accounts, payments of TS to their recipients in bank accounts, accounting for returns of TS in the manner determined by the Government of the Republic of Kazakhstan within the framework of the National Fund for Children program (More details at www.enpf.kz)Source : https://www.gov.kz/memleket/entities/kyzylorda-karmakshy/press/news/details/1014781?lang=kk
98% of services provided by UAPF since the beginning of the year were provided digitally 29.05.2025
The Unified Accumulative Pension Fund continues to actively provide a wide range of services aimed at supporting and informing its clients. In the period from 01.01.2025 to 01.05.2025, about 19.4 million services were provided to the population. Of the total number of services provided since the beginning of the year, more than 9.1 million were provided electronically, and more than 9.6 million automatically. Thus, the share of services provided in automatic, electronic and remote formats amounted to 98.2% of the total. About 343.0 thousand services were provided in person, including more than 334.9 thousand directly in the Fund's offices.We remind you that all pension accounts in the UAPF are opened automatically upon receipt of the first contribution. Target requirements and target savings are also automatically accrued to participants in the National Fund for Children program. In total, during the reporting period, the total number of individual pension savings accounts (IPSA) opened automatically for all types of pension contributions, including conditional pension savings accounts (NPSA, opened as a result of the transfer of the ECPC by the employer) and target savings accounts (TSA, within the framework of the National Fund for Children program) amounted to 718.1 thousand.As before, the most popular service is obtaining an extract from an individual pension savings account, conditional pension savings account (NPSA), and target savings account (TSA). Since the beginning of the year, about 10.1 million extracts have been issued from IPA, UPSA, TSA, of which more than 8.3 million were in electronic form and more than 1.4 million automatically. UAPF reminds that obtaining information about the status of accounts through your personal account is the most convenient, reliable and prompt way to control your pension savings. The service operates online around the clock (24/7), which allows you to receive up-to-date information at any time and from anywhere in the world. Also, information on the status of accounts is available not only through the personal account on the UAPF website, but also through the egov.kz portal or the e-government mobile application. This provides additional convenience for users who prefer to interact with government services through single platforms.In addition to receiving a statement in the personal account on the website and in the mobile application, contributors (beneficiaries) have the opportunity to use such services as making changes and additions to their details, obtaining a certificate of the availability of accounts, filing an application for the appointment of pension benefits in connection with the establishment of disability of group 1 or 2 indefinitely or for voluntary pension contributions, tracking the status of an application for benefit, transferring part of the savings to the investment portfolio manager (IPM), predicting the future pension using a pension calculator, etc. 24/7 anywhere in the world. More than 50.1 thousand applications were accepted to change the details for January-April 2025, of which more than 46.8 thousand were submitted to the Fund's offices.When applying for a particular service to UAPF specialists, contributors, as a rule, receive additional consultations and advice on the formation of savings. As part of the information and explanatory work, more than 15.8 thousand on-site presentations were held, attended by about 332.5 thousand people. More than 15.3 thousand materials on UAPF messages were posted in the media.The number of requests received from contributors and beneficiaries through feedback channels amounted to about 205.4 thousand.We remind you that any company can apply for a presentation and consultations on the funded pension system with a visit to the office, for which you just need to call the call center at 1418 or contact through the Fund's website or mobile application. Source : https://www.gov.kz/memleket/entities/kostanai-zhangeldi-audany-akimat/press/news/details/1007797?lang=kk
Accumulated net investment income of Kazakhstanis reached KZT 11.59 trillion 29.05.2025
The net investment income accumulated since 2014 (after the consolidation of pension assets in the UAPF) as of May 1, 2025 amounted to KZT11.59 trillion. Taking into account the benefits paid, the share of accumulated net investment income in the total amount of pension savings of Kazakhstanis as of 01.05.2025 is 39.8%.Thus, investment income forms a significant share in the pension savings of citizens. Over the past 10 years, there has been a significant increase in the efficiency of investing pension funds, which makes it possible to significantly increase the amount of savings of contributors (beneficiaries).Let us remind you that pension savings in Kazakhstan are a strategic long-term investment tool aimed at ensuring the financial stability of citizens during retirement. Thanks to a flexible investment policy and asset diversification, the country's pension system demonstrates long-term sustainable growth and protection from inflation risks. Thus, the profitability of pension assets for individual short-term periods of time is not an indicator of the effectiveness of their management, since income in the form of remuneration for financial instruments and other transactions accrued over a short period of time does not always cover fluctuations in the value of securities and exchange rates for a given period. Therefore, it is advisable to make an objective analysis of the amount of investment income for a period of at least one year.In the context of a constantly changing economic environment, the return on pension assets managed by the NBRK and formed through compulsory, compulsory occupational and voluntary contributions, for the last 12 months as of May 1, 2025, distributed to the accounts of contributors (beneficiaries), amounted to 13.35% with inflation at the rate of 10.70%. The return on pension assets for the same period due to mandatory pension contributions of the employer amounted to 9.03%.In the medium and long term, a positive real (exceeding accumulated inflation) return on pension savings is ensured. Thus, the accumulated investment return from the inception of the funded pension system in 1998 until May 1, 2025, with a cumulative total, amounted to 968.60% with inflation for the entire period of 875.10%.We also remind you that Kazakhstan has a unique guarantee of the safety of compulsory pension contributions, taking into account the inflation rate. In cases of a decrease in profitability in a particular period, which affected the contributor’s accumulated profitability upon the occurrence of the right to benefit payments, compensation for the difference is guaranteed by the state.The entire system of investment management and accounting of pension assets is transparent: each contributor has the opportunity to see their investment income in their personal account on the website enpf.kz or in the mobile application.Information on investment management of UAPF pension assets and on financial instruments in which UAPF pension assets are placed is published on the official website of UAPF (www.enpf.kz) in the section "Statistics and Analytics/Investment Management of Pension Assets".Source : https://www.gov.kz/memleket/entities/akimat-beyneu/press/news/details/1015154?lang=kk