Yerlan Akbarov

Money Moves

Presented oil production data at October 13 government meeting

Kazakhstan's economy grew 4.2% in the first nine months of 2026 while oil output fell 8.3%. President Kassym-Jomart Tokayev told a Republic Day ceremony on October 23 that GDP is approaching $350 billion and output per person has passed $15,000, roughly 30% higher than in 2019.

Updated Oct 30