The World Bank confirms Kazakhstan's GDP growth forecast at 4.7% for 2025 and 3.5% for 2026, with oil production driving recovery.
The World Bank has maintained its GDP growth forecast for Kazakhstan at 4.7% for 2025 and 3.5% for 2026, consistent with its projections from October.
The bank's latest Global Economic Prospects report, released on Thursday, reveals that Kazakhstan's economy grew by 4% in 2024, a decrease from 5.1% in 2023.
Additionally, the World Bank anticipates that the economies of Central Asia will grow by 5% in 2025 and 4.2% in 2026, with increased oil production expected to support Kazakhstan’s economic recovery and fuel growth.
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In his traditional New Year interview with the newspaper Turkistan, Kassym-Jomart Tokayev set out a broad assessment of Kazakhstan’s current position and future priorities, covering economic performance, global logistics, artificial intelligence, energy security and political reform.
Kazakhstan’s President Kassym-Jomart Tokayev has dismissed the political significance of recent private meetings between Vladimir Putin and former Kazakh leader Nursultan Nazarbayev, describing them as purely personal exchanges.
The move is intended to combine digital innovation and long-term infrastructure planning with further modernise urban mobility while strengthening the country’s position as a key transit hub across Eurasia.
Russia must accept responsibility for the Azerbaijan Airlines crash near Aktau that killed 38 people, Azerbaijani MP Tural Ganjali has said. His comments come as Azerbaijan marks the first anniversary of the disaster, which occurred on 25 December 2024.
U.S. President Donald Trump has ruled out ordering a mission to capture Russian President Vladimir Putin, saying he is confident the war in Ukraine can be brought to an end.
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