London Daily

Focus on the big picture.
Sunday, Sep 13, 2026

Kazakhstan demands elites pay into public purse

Kazakhstan demands elites pay into public purse

Embattled leader says cash will be used for social spending
Kazakh President Kassym-Jomart Tokayev has announced the creation of a new “national fund” that wealthy citizens, including those who got rich under former president Nursultan Nazarbayev, will be required to contribute to.

He revealed the plan on Tuesday in an appearance before the nation’s parliament, saying the fund will be named “For the People of Kazakhstan” and will be used “to solve real problems in the areas of health care, education, and social services.”

Tokayev said he expects “meaningful and regular contributions to the fund on the part of businesses,” adding, “Thanks to the first president [Nazarbayev], there is a group of very profitable companies in the country and a layer of people who are rich even by international standards. I think that the time has come to pay back the people of Kazakhstan and help them on a systematic, regular basis.”

The president ordered the government to put together a list of eligible companies and to determine a sum that will be paid annually into the fund. He also announced the creation of a program designed to raise salaries in Kazakhstan.

Tokayev had previously announced a five-year moratorium on raising salaries among government employees and regional leaders, saying he thought they earned enough already.

The new initiatives come as Kazakhstan has been shaken by large-scale protests, with thousands taking to the streets in early January to protest the removal of price controls on liquified petroleum gas, as well as widespread economic inequality.

The demonstrations turned violent in places, and on January 5 Tokayev declared a state of emergency and asked for assistance from peacekeeping forces from the Collective Security Treaty Organization, an alliance led by Russia.

On Tuesday, the president announced that the forces had accomplished their mission and would begin exiting the country this week. Kazakhstan’s interior ministry reported on Monday that nearly 8,000 people had been detained during the protests, and health officials said 164 people had been killed, including three children.

Nazarbayev, who ruled the country for nearly three decades, pursued a policy of market liberalization and attracting foreign investment, which saw a small number of Kazakhs grow very wealthy. However, living standards for the majority of the country’s population have remained low, and analysts have noted this inequality as a major contributing force in the recent protests.

Nazarbayev resigned from office in 2019 and was succeeded by Tokayev, a close ally. However, the former leader was named chairman of the Security Council of Kazakhstan, a constitutional advisory body, and many thought he was holding onto power despite formally resigning. Last week, though, he was removed from this post and replaced by the current president.
Newsletter

Related Articles

0:00
0:00
Close
Bayeux Tapestry Draws Large Crowds at British Museum
Cuts to International Aid Raise Concerns Over Fragile Overseas Health Systems
UK Airlines and Logistics Operators Adjust Capacity as Fuel Costs Rise
UK Mortgage Arrears Edge Lower in Second Quarter
UK Government Advances New Devolution Offers for English Councils
UK Parliament Begins Debate on NHS Governance and Single Patient Record Reforms
Andy Burnham Launches Number 10 North Devolution Initiative
UK Parliament Rejects Assisted Dying Bill for Terminally Ill Adults
UK Bans Goods From Israeli Settlements in the Occupied West Bank
UK Economy Grows 0.4% in July as Technology Services Strengthen
Metropolitan Police Continue Investigation Into Reform UK Political Financing
Chinese Crypto Entrepreneur Leon Li Identified as Seller of £190 Million London Mansion
Trades Union Congress Proposes Social Energy Tariff Funded by Higher Bank Surcharge
British Chambers of Commerce Calls for State Pension Triple Lock to Be Scrapped
Anthropic Says Claude Helped Disrupt Biological Weapons and Cyber Espionage Threats
UK Imposes Sanctions Over Israeli Settlements and West Bank Violence
UK Reimposes Sectoral Sanctions on Iran’s Aviation, Shipping and Energy Networks
UK Economy Grows 0.4% in July as AI and Programming Services Lift Activity
UK House of Commons Rejects Assisted Dying Bill by 286 Votes to 270
UK Reviews Nationwide Emergency Alert Tests After Systems Meet Reliability Targets
UK Seeks Faster Rail Links Across Northern Industrial Corridors
British Business Bank Allocates £150 Million for High-Growth Companies in Northern England
BBC Warns Staff Strikes Are Possible Amid Pay Dispute and £500 Million Savings Drive
UK Backs Short Extension of UN Sudan Sanctions Regime
Prime Minister Andy Burnham Defends Early Prison Release Reforms and Growth Strategy
Reform UK Faces Scrutiny Over Alleged Effort to Circumvent Foreign Donation Rules
UK Analysts Warn Tax Rises or Spending Cuts May Be Needed to Preserve Fiscal Headroom
Jaguar Land Rover Plans Up to 4,000 Job Cuts in £1.7 Billion Cost-Saving Drive
UK Chancellor Warns of Difficult October Budget as Borrowing Costs Rise
UK Declares Israeli Occupation of West Bank Unlawful and Expands Sanctions
UK House of Commons Rejects Assisted Dying Bill for England and Wales
English Councils to Gain Power to Introduce Tourist Taxes by 2028
Kemi Badenoch Reshuffles Conservative Shadow Cabinet
Firefighters Make Progress Containing Major Wildfires in South Wales
John Lewis Partnership Reports £124 Million Loss
Study Says UK AI Data Centres Will Create Only a Quarter of Forecast Jobs
UK Government Considers Higher Industrial Water Prices Amid Supply Pressures
Andy Burnham Holds First Call With Donald Trump as UK Prime Minister
NHS Records Busiest Summer on Record as Heatwaves Drive Hospital Admissions
Home Secretary Orders Police Crackdown on Far-Right Anti-Migrant Vigilantes
UK Supreme Court Rules Northern Ireland Religious Education Curriculum Breaches Human Rights Standards
Markets Price in Four Bank of England Rate Rises by Next Summer
House of Commons Prepares Free Vote on Assisted Dying Bill
UK Government Bans Trade With Israeli Settlements in Occupied Territories
UK Economy Grows 0.4% in July as Artificial Intelligence Investment Supports Expansion
Andy Burnham Becomes UK Prime Minister After Keir Starmer Resigns
John Lewis Partnership Loss Widens to £124 Million
UK Government to Put White Working-Class Social Mobility at Centre of Equality Policy
McLaren Plans £450 Million Technology Investment Creating 1,000 UK Jobs
UK Chancellor Faces Calls for Wealth Taxes and Public Ownership in Autumn Budget
×