Today in the Turkic World
Today in the Turkic World: November 2, 2026
Kazakhstan and Uzbekistan dominate today's stories, with labour and energy in focus. Kazakhstan plans to raise the minimum wage from 85,000 to 110,000 tenge from 1 January 2027, and to add 13.3 GW of new power capacity by 2029. Uzbekistan plans to recognise foreign work experience for pensions, and President Shavkat Mirziyoyev called for orderly labour migration.
Economic news also includes Uzbekistan's household liquefied gas price rising from 2,000 to 5,000 sums per kilogram from 15 November, and North Macedonia's fuel price increase, with diesel reaching 100 denars per litre. Kazakhstan's central bank postponed a $910 million sale, while construction of the Balkhash nuclear plant is planned to start in 2027.
The day's top stories
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Kazakhstan Plans to Raise Minimum Wage to 110,000 Tenge from 2027
Kazakhstan plans to raise the minimum wage from 85,000 to 110,000 tenge starting 1 January 2027. An estimate voiced by the president in his Address says the change will boost incomes for nearly 1.8 million citizens, including more than 370,000 budget-sector workers.
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Uzbekistan plans to recognise foreign work experience when assigning pensions
Uzbekistan plans to expand the recognition of work experience and pension rights of citizens who worked legally abroad. The authorities intend to sign relevant agreements with Russia, Germany, Japan, South Korea, the Baltic states and the Balkan region.
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Kazakhstan plans to add 13.3 GW of new power capacity by 2029
Kazakhstan plans to bring 13.3 gigawatts (GW) of new power capacity online by 2029, according to Khabar 24, which cites 24KZ. More than half of the planned volume will come from traditional energy sources, while 5.9 GW will come from renewable sources.
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Shavkat Mirziyoyev Calls for Skilled, Orderly Labor Migration in Uzbekistan
President Shavkat Mirziyoyev held a meeting on labor migration, noting that 168 million people worldwide are now in international migration. He said that linking Uzbek citizens who want to work abroad with countries that need workers is the main task for relevant officials and regional leaders.
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Kazakhstan raises threshold for tax checks on mobile transfers
Kazakhstan has raised the threshold for tax checks on mobile transfers by individuals. According to the report, tax authorities may now scrutinise receipts exceeding 1,560,000 tenge over three months. The order containing the new adjustments was signed by Finance Minister Madi Takiyev.
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Uzbekistan raises household liquefied gas price to 5,000 sums per kg from 15 November
From 15 November, the retail price of liquefied gas for households in Uzbekistan will rise from 2,000 to 5,000 sums per kilogram, including VAT. A Cabinet of Ministers resolution dated 31 October sets out the measures, which aim to ensure uninterrupted fuel supply and gradually introduce market mechanisms in the sector.
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Construction of Kazakhstan's Balkhash nuclear plant planned to start in 2027
Construction work at the Balkhash nuclear power plant site in Kazakhstan is planned to begin in 2027. The chairman of the Atomic Energy Agency, Almasadam Satkaliyev, announced this at a session of the Kurultai, and said a construction area has been identified for the second plant, Moinkum.
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Uzbekistan's dollar rate falls again to 11,941.65 soums
Uzbekistan's Central Bank has announced the value of foreign currencies against the Uzbek soum, effective on 3 November. The US dollar fell by 81.81 soums to 11,941.65 soums. The euro dropped by 78.46 soums to 13,383.01 soums, and the Russian ruble declined by 1.79 soums to 147.65 soums.
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North Macedonia raises fuel prices as diesel reaches 100 denars per litre
North Macedonia's Energy Regulatory Commission has decided to increase fuel prices. Under a new tariff effective from 00:01 on Tuesday, 3 November 2026, petrol will rise by 2 denars per litre and diesel by 1 denar per litre.
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Kazakhstan's central bank delays $910 million sale to curb tenge gains
Kazakhstan's National Bank has postponed the sale of $910 million, as the tenge fell 3% in October to 453.77 per dollar despite central bank currency injections. Average trading volume on the currency market was $397 million, down from the previous month, while total volume reached $8.4 billion.
The summaries on this page were prepared and translated automatically from the original stories. All rights to the stories belong to their sources.