AGP Executive Report
Last update: 7 hours agoMarkets: KASE foreign-exchange trading rose 50% year on year in January–September, with USD/tenge turnover up 73.2%. Digital Connectivity: Kazakhstan and Azerbaijan launched a 380-kilometre Trans-Caspian fibre-optic link, creating a new data route between Asia and Europe. Trade and Transit: The World Bank says the Middle Corridor could add $58 billion to regional GDP and create two million jobs by 2040; Kazakhstan aims to lift annual transit cargo to 100 million tonnes by 2035. Economic Outlook: Kazakhstan’s economy grew 4.2% in the first nine months, but first-half foreign investment inflows fell 7.8% year on year. The National Bank forecasts 2027 inflation at 7.5%–9.5%. Energy: Kazakhstan and the Dunga field operator settled a long-running dispute, while the government is pursuing a resolution to its environmental dispute with Kashagan’s operator.
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