Tokayev's Address Sets 6.5 Trillion Tenge Infrastructure Plan in Kazakhstan

Kazakhstan's President Kassym-Jomart Tokayev set out the country's future development direction and key economic and social priorities in his address to the nation, titled «Current Tasks of Kazakhstan in a New Historical Period». The article, written by Akbarzhon Ismailov, a member of the Kazakhstan People's Council, marks 35 years of independence and describes the adoption of a new Constitution as an important stage in political development.

Tokayev proposed declaring 2027 the Year of Nationwide Large-Scale Construction and said about 6.5 trillion tenge would be allocated from the National Fund for infrastructure renewal through the end of 2029. The initiative envisages hospitals, schools, sports and cultural facilities in the regions, renewed roads and engineering networks, and gas and clean drinking water for settlements.

For small and micro businesses, the president proposed a three-year moratorium on inspections starting January 1, 2027, and priority for domestic producers in state procurement. The address also includes a task to raise the minimum wage from 85,000 to 110,000 tenge.