Oligarchs' Seized Assets to Fund Water Systems in Qyzylorda Region
Photo: Pixabay, illustrative purposes
More than four billion tenge will be allocated from the Special State Fund to complete the water supply system in the Aral district of the Qyzylorda region. This money was taken from Kazakhstani oligarchs as part of the return of illegally acquired assets, Orda.kz reports.
According to the government, 3.7 billion tenge of returned assets will be used to complete the construction of a water pipeline in the villages of Tokabay and Abay, where more than three thousand people live.
It is planned that the villagers will begin receiving high-quality water by the end of the year.
Another project that will be financed from the Special State Fund is a water supply system to the village of Akbasty, where about 400 people live. 524 million tenge were allocated for the completion of construction.
Original Author: Aliya Askarova
Latest news
- Kazakhstan’s IT Market Slows After Years of Rapid Growth, but Salaries Keep Rising
- Why the Oil Price Spike Did Not Help Kazakhstan’s Budget Much, the Ministry Explained
- Why More Women in Kazakhstan Are Working Beyond the 40-Hour Week
- Drone Strikes on CPC Drag Down Kazakhstan’s Oil and Gas Output
- New Parking Rules Approved in Astana: How Much Will Drivers Pay and Who Is Exempt?
- Shell and Eni Replaced in Karachaganak Gas Plant Project
- Economist Calculates How Much Income Kazakhstanis Actually Keep
- Samruk-Kazyna Raises 3 Billion Yuan on AIX in Record-Low Panda Bond Deal
- Kazakhstan to Build Four New Airports by 2028
- State-Owned Plant in Atyrau Tried to Buy Sturgeon Caviar for Nearly 150 Million Tenge
- Chaos and Delays at the Border: Kazakhstan Wants to Bring Queues Under Control With New Rules
- Major Illegal Migration Channel Dismantled in Shymkent
- “A Shameful Sight”: Dump Near Altyn-Emel Caught on Video
- Kazakhstan Is Preparing to Increase the Scrap Fee on Cars From Russia
- Work Permits For Migrants To Go Fully Online As PSCs End Service
- Kazakhstanis Expect Higher Inflation but Remain Optimistic About the Future
- Support For Rural Doctors Doubles Amid Staffing Shortage
- South Korean Shareholder To Inject 4.7 Billion Tenge Into Kazakhstan’s Only Loss-Making Bank
- Tokayev Finishes Uzbekistan Trip With Focus on Trade and Environmental Cooperation
- Kashagan Operator Accused Of Stalling Sulfur Fine Pending Washington Arbitration
