WNAM MONITORING: Kazakhstan must accelerate its transition to a digital economy and scale up artificial intelligence if it wants to avoid economic stagnation, President Kassym-Jomart Tokayev has said. Speaking at a meeting of the AI Development Council, Tokayev warned that Kazakhstan’s traditional growth drivers, including natural resources and low-cost labor, are nearing exhaustion, while new engines of growth have yet to take shape.
According to the president, Kazakhstan is already facing the “middle-income trap.” He said avoiding stagnation requires a shift to a digital economy and the development of platform-based solutions.
“Without a unified system of government data, artificial intelligence will remain ineffective,” Tokayev said.
He called for public services to become an “invisible but highly efficient operating system” capable of reducing processing times from days to seconds, which he said would accelerate capital turnover across the economy.
Kazakhstan has begun testing this approach in customs, tax administration, logistics, and public finance. The KEDEN customs platform has cut declaration processing times to under one minute, while Smart Cargo is being developed as a single digital window for logistics services.
The integrated tax administration system has reduced document processing times from one hour to one minute. The Smart Data Finance platform brings together data from 78 sources, including financial transactions and transport activity.
Authorities say real-time budget monitoring has helped prevent risky payments worth hundreds of billions of tenge. A public procurement forecasting system, built on a national product catalog with more than 23 million items, is also being developed to reduce budget waste.
Tokayev said the digital economy already accounts for more than 15% of global GDP, reflecting a shift in global competition from goods markets to data and standards. He also emphasized the need to develop digital financial instruments, including cryptocurrencies and asset tokenization.
“This will increase the country’s attractiveness for global capital and create the conditions for Kazakhstan to become a leading investment and financial hub,” he said.
According to Tokayev, Kazakhstan has already established a legal framework for regulating digital assets. The government and the National Bank have been tasked with coordinating a strategy for developing the crypto market.
At the same time, Tokayev stressed the need for more precise measurement of digitalization’s contribution to economic growth.
