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Kazakhstan Network July 15, 2024
Nomadic people.they are. Daniyar Ashinbayev – “About Lobbying“We discussed with colleagues the existence of lobby groups in Kazakhstan. It turns out that there are lobby groups for oil, construction, banking, metallurgy, electricity, grain, trade, medical-pharmaceutical, meat and dairy, gambling, cinema, alcohol, mining, tobacco, which are often not monopolized, but fragmented into different holdings (banks), regional components with their own characteristics, and even national groups (oil industry).
Forbes.Kashgar. «Has the dollar reached its ceiling? Experts make predictions“If you look at the dynamics of the tenge-dollar exchange rate since the beginning of 2024, you will notice that the tenge was strongest in May: then the official rate remained at 439.4-439.43 tenge per dollar for several days. But then the tenge began to fall, and on July 10 it “touched” the 480 mark: the National Bank set the tenge at 480.77 tenge per dollar. For the next two days, the “Kazakh currency” strengthened, but not much: the rate was close to 474 tenge per dollar. On the morning of July 11, at exchange offices in Almaty, the dollar was worth 479+ tenge, and by the evening it was worth 474+. By the evening of July 12, the “dollar” was worth 475-475.5 tenge in exchange offices. Why did the tenge fall and where is the “bottom” of the tenge/dollar pair.
Glossary.Kashgar. «KTZ: Bankruptcy or “chocolate”?“Railway has always been a state within a state. We are talking not only about our own territory, but also a strong infrastructure with its own housing, kindergartens, entertainment centers, hierarchy and laws. This means that the industry must always be profitable. But it turns out that everything is not so clear. The Minister of Transport of the Republic of Kazakhstan drew back the financial curtain. According to Marat Karabaev, the Kazakh state company Temir Zoli (hereinafter referred to as KTZ) began to make a profit in 2020. Before that, there were losses.
caravan.Kashgar. «Withdrawal of Russian securities from Kazakhstan: What this means for the economy» — The Central Securities Depository of Kazakhstan (KCSD) advises brokers and management companies to withdraw Russian securities stored in the depository. The advice is related to the imposition of blocking sanctions by the United States on the National Settlement Depository of Russia (NSD). KCSD clarifies that we are talking about securities with the International Identification Number (ISIN) “RU”, the accounting of which is maintained by NSD, which recognizes KCSD only as a nominal holder. In a letter to clients. Brokers are asked to withdraw Russian securities held in the name of the Kazakh depository by August 10, as the general license of the US Treasury for transactions with NSD is valid until August 13. KCSD emphasizes that the time for clients is reduced by three days to give the depository time to receive and process the instructions.
nail.Kashgar. «North Aral Sea expansion: where is the World Bank grant going?» — Published an article a week ago “North Aral Sea: Should it be level one or level two?”which describes various options for the expansion of the reservoir, which has important socio-economic and environmental implications for tens of thousands of residents of the problem area. Continuing with this topic, we decided to interview a veteran of the water industry, former member of the Executive Committee of the International Fund for Saving the Aral Sea, Candidate of Technical Sciences Dauletyar BAYALIMOV.
AZATTYQ—Spirit.Kashgar. «Catastrophic land depletion: What will soil degradation bring to western Kazakhstan?“Every Kazakh knows that our country ranks ninth in terms of area in the world. But not everyone knows that Kazakhstan also ranks sixth in terms of arable land. However, despite such a large territory and the constant injection of funds into agriculture, the domestic agro-industrial complex remains paralyzed. This is especially true for farmers in the western regions, where soil degradation and vegetation loss have been severe in recent years. The climate further exacerbates the already bleak picture – severe droughts are expected here. Environmentalists believe that the situation has reached alarming proportions not only for agriculture, but also for the country’s entire economy and food security.
exclusive.Kashgar. «Kazakhstan has science, and if it can be used commercially, it is commercialized» — There are increasing problems with the quality of building and road construction in Kazakhstan. There have long been complaints that scientific research is not adapted to the needs of the real economy. The Engineering Center, which provides full-cycle certification services for ENU’s road construction department, aims to solve this long-standing problem. Asel JEKSEMBAYEVA, Director of the Department of Innovative Development, talks about how and why this is done.
time.Kashgar. «Detected inspections» — What are the billions of funds from the children’s budget for sports and creative activities used for? In Almaty, members of the monitoring team visited clubs and sports departments where children participate in the Dambala program for free. They were very surprised when they saw empty classrooms and gymnasiums. But the city budget allocates huge amounts for this purpose – 16 billion dollars. The entire country of Kazakhstan is 93 billion tenge.
«Is interference harmful?“The biggest obstacle to the development of competition in Kazakhstan is the state. It is noteworthy that this conclusion was reached by a government agency. The Agency for the Protection and Development of Competition (AZKR) published its report for 2023, covering the state of competition in various product markets and measures taken against monopolistic activities. The report states that, according to the World Bank, economic activity in our country has slowed down. That is, in general, Kazakhstan’s debt burden is decreasing, but the inflow of foreign direct investment is decreasing.
AZATTYQ.organization. «“Just think about it, this station will be in every household.” How Karaganda discusses nuclear power plants“The issue of possible construction of the first nuclear power plant in Kazakhstan leaves almost no one indifferent. The top brass in Astana said that the final decision will be made by the people – they will be able to say “yes” or “no” to the nuclear power plant project in a referendum this autumn.” No other information is available at the moment: the date, as well as the issues that will be voted on, have not yet been announced. Meanwhile, public discussions are being held across the country – this is a mandatory stage before the referendum. Practice shows that discussions often follow a similar scenario: experts are invited, with PowerPoint presentations in hand, to tell why nuclear power plants are important and necessary, and opposing opinions come mainly from people sitting in the hall.
Target—people.Kashgar. «Corruption and low wages: Why are servicemen fleeing Kazakhstan’s army jobs?“Suicide, excessive debt burden and gambling addiction are some of the common problems in the Kazakh army. Similar precedents have occurred due to improper selection of military personnel for admission to educational institutions. This is what the president of the Academy of Military Sciences, Mukhtar Sherkpaev, thinks. He told the editorial that a lot of troubles arise in the barracks because these “experts” are not at their posts. Mukhtar Sherkpaev noted that people without patriotism are selected to train soldiers for service. According to him, they do not know how to psychologically counsel young people in the army.
There.Kashgar. «Almaty Akimat wants to demolish houses in good areas and offer people a few cents in return“The Almaty city government has started a “forced transfer procedure” for the land of residents of private houses in the area of Zhandosov, Suleymanov, Tontubaev and Taldy-Kurganskaya streets. Last fall, people were told that the area urgently needed a large school, which the city intended to build in their hometown. Officials promised: the state will compensate the owners for the value of their properties at market prices. But the amount given by the city government appraisers, even if people will be able to buy housing, is definitely not equal to the current level, and certainly not within the city limits. Angry owners gathered together to find a way to defend their right to fair payment.
Tengri News.Kashgar. «Disappearing Almaty: Why the ancient building of Medichi Stadium was demolished» — The old building of the Medical Stadium in Almaty is being demolished. This majestic building with columns was demolished in May this year. Before that, it had been empty and abandoned for almost 20 years. Why did no one need this ancient building? What happened to it? So what will happen now?
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