Category: Kazakhstan
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August 2021
Overview. Both the ‘delta’ and ‘lambda’ (originally from Peru) strains of C19 are now present in Kazakhstan, adding pressure to the healthcare system. The government is moving further toward mandating vaccination. There are new developments in cryptocurrency sector that make investment prospects a bit clearer. With oil prices gaining the Tenge is strengthening.…… Read the…
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September 2021
Overview. C19 continues to disrupt business and travel. Delta (and Lambda) continue to spread, placing pressure on the healthcare system, and impacting the economy. Despite efforts to develop and nurture other sectors, oil & gas remains the chief hope to power the RoK’s economic recovery. As oil prices rise, so does the Tenge. … Read…
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July 2021
Overview. Despite the availability of vaccines, the country’s C19 vaccination campaign remains painfully slow even as new and more virulent strains make their appearance in Kazakhstan. As oil prices continue to creep up, so does the Tenge appreciate. Meanwhile, the government continues to labour to boost the post-pandemic economic recovery through attracting new foreign investment…
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June 2021
Overview. Despite the availability of three vaccines the RoK’s C19 vaccination campaign remains slow. Rising oil prices led to a slight appreciation of the Tenge. The government continues to pursue avenues for boosting post-pandemic economic recovery through attracting foreign capital, and encouraging existing investors to advance their development/expansion plans. C19.…… Read the rest
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May 2021
Overview. The country’s C19 vaccination campaign began on 1st February with the Russian Sputnik V vaccine and now continues with locally produced Sputnik V-based vaccine. After a peak in February, the oil price again started to decline, causing further depreciation of the Tenge. C19. Although the vaccination of the front-end professionals (doctors and teachers) started…
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April 2021
Overview. 20th March marked two years of Kassym-Jomart Tokayev’s five-year presidency term, and this year Kazakhstan celebrates 30 years of Independence. The country’s C19 vaccination campaign began on 1st February with the Russian Sputnik V vaccine. After a peak in February, the oil price – central to the Kazakh economy – started to decline in…