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Today in the Turkic World: November 4, 2026
Kazakhstan led today's stories. Officials are discussing terms with China for the Moynkum nuclear plant, the country's second, and Energy Minister Yerlan Akkenzhenov said there are no current plans to raise electricity tariffs or coal prices. A construction drive will direct nearly 6.5 trillion tenge (US$14.3 billion) toward infrastructure through 2029.
Azerbaijan's 2027 state budget advanced in parliament, as Finance Minister Sahil Babayev presented budget policy directions in Baku. The draft envisages a 7.5 percent rise in labour pensions and higher social benefits. Uzbek President Shavkat Mirziyoyev will visit Astana on November 5–6 for an Aqaba Process meeting, and Kazakhstan will host the King of Jordan and Tajik president.
The day's top stories
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Energy · Informburo
Kazakhstan and China discuss terms of deal for Moynkum nuclear plant
Kazakhstan is discussing the terms of a deal with China for the construction of its second nuclear power plant, Moynkum. Energy Minister Yerlan Akkenzhenov said at a government briefing that the sides are still agreeing on the project's parameters. He said a Chinese national nuclear company is involved and that the parties are discussing the terms of the deal, including timelines.
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Economy · Astana Times
Kazakhstan launches $14.3 billion People's Construction drive to 2029
Kazakhstan is preparing a nationwide construction drive that will direct nearly 6.5 trillion tenge (US$14.3 billion) toward infrastructure development through 2029, as President Kassym-Jomart Tokayev calls for a new phase of economic modernization.
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Economy · AZERTAC
Azerbaijan Outlines Main Directions of 2027 Budget Policy
Azerbaijan’s Finance Minister Sahil Babayev announced the main directions and principles of budget policy for 2027 in Baku on November 4. Presenting the draft law “On the State Budget of the Republic of Azerbaijan for 2027” in its first reading at a meeting of the parliament’s Committee on Economic Policy, Industry and Entrepreneurship, he said the policy rests on several priorities.
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Diplomacy · Khabar 24
Kazakhstan to host King of Jordan and Tajik president on official visits
Leaders of two states will make official visits to Kazakhstan in the coming days. Presidential press secretary Aibek Smadiyarov announced this, according to the Khabar 24 outlet, citing 24KZ.
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Economy · AZERTAC
Azerbaijan's 2027 state budget bill discussed in parliamentary committee
The Economic Policy, Industry and Entrepreneurship Committee of the Milli Majlis discussed the bill 'On the State Budget of the Republic of Azerbaijan for 2027' on November 4. Committee members, representatives of political parties represented in parliament, and heads and representatives of relevant state bodies attended. Committee chairman Azer Emiraslanov said the budget package had been submitted to the Milli Majlis in the manner established by law and that the Chamber of Accounts had prepared opinions on the budget documents.
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Energy · Tengrinews
Kazakhstan energy minister: no plans for now to raise electricity tariffs or coal prices
Kazakhstan's Energy Minister Yerlan Akkenzhenov said there are currently no plans to raise electricity tariffs or coal prices. Speaking at a government briefing, he said coal prices will remain at their current level, as will the wholesale electricity price. He added that the ministry is not currently considering raising the electricity tariff, but is receiving and reviewing applications submitted to it.
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Economy · Day.az
Azerbaijan Plans 7.5% Increase in Labour Pensions for 2027
Azerbaijan is projected to raise labour pensions by 7.5 percent in 2027. Day.az reports that this figure is included in the draft law on the 2027 state budget, which was put up for discussion in the Economic Policy, Industry and Entrepreneurship Committee of the Milli Majlis.
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Energy · Kazinform
Kazakhstan's second nuclear plant: Energy Minister Akkenzhenov outlines talks
Kazakhstan's Minister of Energy, Yerlan Akkenzhenov, spoke at a briefing at the Government about negotiations on building a second nuclear power plant in Kazakhstan, the Moiynkum NPP, according to a Kazinform correspondent.
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Society · Day.az
Azerbaijan plans higher social benefits in 2027 state budget
Azerbaijan plans to raise several social benefits in 2027, according to the draft state budget for next year. The bill, submitted for discussion to the economic policy, industry and entrepreneurship committee of the Milli Majlis, envisages 280.63 million manat for benefits paid from compulsory state social insurance contributions. The sum is 77.06 million manat, or 37.85 percent, more than the approved forecast for 2026, Day.az reported, citing Trend.
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Diplomacy · Daryo
Uzbek President Shavkat Mirziyoyev to visit Astana Nov 5–6 for Aqaba Process meeting
Uzbek President Shavkat Mirziyoyev will pay a working visit to Astana, Kazakhstan, on November 5–6. The trip takes place at the invitation of Kazakh President Kassym-Jomart Tokayev and Jordan's King Abdullah II.
The summaries on this page were prepared and translated automatically from the original stories. All rights to the stories belong to their sources.