Kazakhstan utility tariffs may rise at end of 2026

Kazakhstan utility tariffs may rise at end of 2026
Photo: Tengrinews

Utility tariffs in Kazakhstan may rise by the end of the year. First Vice Minister of National Economy Azamat Amrin said at a government briefing that the government and the National Bank have agreed to curb price growth for paid services. Under a joint plan, this category's contribution to overall inflation should not exceed 1 percentage point.

Amrin said that increases in some utility tariffs in spring and summer added 0.47 percentage points to inflation. To continue preventive measures, he said, authorities have tried to shift all tariff increases to December, the end of the year.

Deputy Prime Minister and Minister of National Economy Serik Zhumangarin was asked whether utility tariff increases could force some companies to close. He said no such risk exists. At a May briefing, Zhumangarin said heating tariffs in Astana rose about 15%, water and sewage tariffs 20–25%, and the overall inflation contribution would not exceed 0.3 percentage points.

Follow us on Telegram @weareturks_news_en

This story was automatically summarised and translated from Tengrinews. All rights to the story belong to its source.

Related news

Turkmenistan
Economy

Turkmenistan signs 15 memoranda with foreign companies at CIET 2026 in Ashgabat

On 3 November in Ashgabat, on the first day of the international exhibition and conference CIET 2026, a package of 15 memoranda of cooperation was signed. The conference focuses on the development of Turkmenistan’s construction, industrial, chemical and energy sectors. The documents were concluded between ministries, the State Concern Turkmenkhimiya and foreign companies from the United Kingdom, Kazakhstan, Switzerland, Germany, China, Japan, Slovakia, Denmark, the Republic of Korea and Malaysia.

Business Turkmenistan
Kazakhstan
Economy

Kazakhstan allocates 100 billion tenge for 7-20-25 mortgage programme in 2027

The Kazakhstan Sustainability Fund said 100 billion tenge has been allocated to finance the "7-20-25" mortgage programme in 2027. NUR.KZ reported the news, citing a message from the fund. According to the fund, the board of the National Bank approved financing for the programme in 2027 of up to 100 billion tenge inclusive. The quarterly financing volume will not exceed 25 billion tenge.

Nur.kz
Follow us on Telegram Tools

🔔 Don't miss the big stories

Get a notification on your phone or computer when something important happens in the Turkic world.

Which notifications would you like?