Kazakh President reviews National Bank Governor’s report

Kazakh President reviews National Bank Governor’s report

Since the beginning of the year, investment income in Kazakhstan has reached nearly 14%, while the country’s gold and foreign exchange reserves have grown by 36%. The National Fund’s foreign currency assets increased by $4.8 billion.  National Bank Governor Timur Suleimenov presented President Kassym-Jomart Tokayev with a report on the state of the economy, the financial system, key areas of monetary policy, and plans for the coming year. Suleimenov also reported on the implementation of the Joint Action Program on Macroeconomic Stabilization and Well-being Enhancement for 2026–2028. In addition, President Tokayev was briefed on large-scale digitalization initiatives and the National Bank’s digital projects — including the creation of an Anti-Fraud Center and the development of the national digital financial infrastructure. At the conclusion of the meeting, the Head of State instructed relevant bodies to focus on reducing inflation, ensuring financial market stability, and further advancing the sector’s digital transformation.