Astana hosts first meeting of Council of OTS Central Banks

The share of the Organization of Turkic States (OTS) in global GDP has risen to 3.1%, as highlighted by Kazakh President Kassym-Jomart Tokayev during the first meeting of the Council of Central (National) Banks of the OTS member states. He noted that the steady increase in international reserves across member states highlights the region’s growing macroeconomic resilience. However, as the global economy continues to undergo transformation, further deepening cooperation remains essential - a view reaffirmed by OTS leaders at the recent informal summit in Hungary. The Head of State emphasized that central banks can play a key role in strengthening financial partnerships and unlocking the economic potential of the Turkic region. The Council’s agenda includes relevant topics, particularly financial technologies and digital assets - areas in which Kazakhstan has extensive experience. The country’s national bank was the first in the region to introduce a digital currency - the digital tenge.

Web-editor: Гайни Жумабек