Today in the Turkic World
Today in the Turkic World: October 23, 2026
Kazakhstan dominated today's top stories, with Republic Day on 25 October shaping much of the coverage. President Kassym-Jomart Tokayev described unprecedented changes to the state power system and said the nation had passed difficult trials with honour.
Economic news also featured prominently. The National Bank cut its base rate to 15.75%, and NVIDIA CEO Jensen Huang said the Ekibastuz Data Center Valley could attract up to $250 billion in investment. In Azerbaijan, the country took over the chairmanship of the Turkic Investment Fund Board of Governors.
The day's top stories
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Kazakhstan channels 88 trillion tenge for its social development
Kazakhstan's President Kassym-Jomart Tokayev said at a solemn event marking Republic Day that the country has built and modernized tens of thousands of kilometers of roads and railways. He said new transport, energy and digital corridors bridging Europe and Asia are running through Kazakhstan.
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Tokayev Comments on Unprecedented Changes to Kazakhstan's System of State Power
Kazakhstan's President Kassym-Jomart Tokayev has described the large-scale changes to the country's system of state power as unprecedented. Speaking at a ceremony marking Republic Day, Tokayev said the political transformations took place amid global instability and uncertainty. The report, citing the Akorda presidential administration, was published by Tengrinews.
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Kazakhstan's central bank cuts base rate again
Kazakhstan's National Bank has cut its base rate from 16.25% to 15.75% a year, keeping a corridor of ±1 percentage point. The bank had already lowered the rate from 16.75% to 16.25% in early September.
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NVIDIA CEO Jensen Huang: Kazakhstan's Ekibastuz Data Center Valley could generate $1 trillion in economic activity
NVIDIA founder and CEO Jensen Huang said Kazakhstan's Data Center Valley project in Ekibastuz could attract up to $250 billion in investment and generate $1 trillion in economic activity. Speaking in an interview with journalist Adil Baltabayev, reported by Qazinform News Agency, Huang said 300 megawatts of power capacity have already been allocated to the project.
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Tokayev Congratulates Kazakhstanis on Republic Day
President Kassym-Jomart Tokayev has addressed Kazakhstanis with an official congratulation on Republic Day, celebrated on 25 October. He stressed that the date holds a special place in the country's history.
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Azerbaijan takes chairmanship of Turkic Investment Fund Board of Governors
Azerbaijan has assumed the chairmanship of the Board of Governors of the Turkic Investment Fund until the conclusion of its next annual meeting, the Azerbaijani Ministry of Economy said. The announcement followed a meeting of the fund's Board of Governors in Tashkent. Under a decision adopted at the meeting, Hungary was appointed vice-chair of the Board.
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Kazakhstan's Tokayev says nation passed difficult trials with honour
Kazakhstan's President Kassym-Jomart Tokayev spoke at a ceremony marking Republic Day, according to Tengrinews, which cited the presidential Akorda press service. Tokayev said the Kazakh people look to the future with confidence and optimism. He said that thanks to harmony and stability, the country had passed through difficult trials with honour, while increasing prosperity and expanding its horizons.
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Kassym-Jomart Tokayev: justice is highest spiritual value
Kazakhstan’s President Kassym-Jomart Tokayev addressed a solemn event marking Republic Day, according to the Akorda press service, as reported by the Qazinform News Agency. He congratulated Kazakhstanis on the national holiday.
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Tokayev: Constitution Has Become New Charter of Multi-Ethnic Nation
President Kassym-Jomart Tokayev, in a solemn speech for Republic Day, spoke about a just Kazakhstan, according to the Akorda press service as reported by Egemen.kz. He said work on building a fair and united society has begun and that principles of justice are being promoted among the people. He added that a new party had been named "Adilet."
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Tokayev says GDP per capita exceeded $15,000
Kazakh President Kassym-Jomart Tokayev outlined the country's key economic and social achievements at a ceremony marking Republic Day. Qazinform News Agency reports, citing Akorda. Tokayev highlighted economic growth, an expansion in housing construction and the development of small and medium-sized businesses.
The summaries on this page were prepared and translated automatically from the original stories. All rights to the stories belong to their sources.