Daily brief
The National Bank of Kazakhstan has left its base rate unchanged at 18%, while its governor commented on the possibility of the tenge reaching 400 per US dollar. In a separate financial move, the central bank announced plans to invest up to $350 million in crypto assets.
Kazakhstan and Shell have signed a long-term contract for hydrocarbon exploration in the Aktobe region (ongoing coverage).
The country plans to link its western regions to the national power grid in a major network upgrade to be completed by 2027.
Kazakhstan has decided to allow beef exports and egg imports to stabilize domestic markets.
Visa and Halyk Bank have launched the fifth wave of the 'She’s Next' grant program for women entrepreneurs in Kazakhstan.