Minister of Finance Bakhyt Sultanov delivered a report about the main results of the socio-economic development of Kazakhstan in 2016 during the enlarged session of the Government chaired by President Nursultan Nazarbayev on February 3. The budget revenues increased by 1.3 trillion tenge or by 25% in 2016, he said. Budget savings amounted to 110 billion tenge.

Former Minister of National Economy of Kazakhstan Kuandik Bishimbayev was detained January 10 on suspicion of accepting large bribes repeatedly upon prior arrangement with a group of persons, the National Anticorruption Bureau of Kazakhstan said in a statement. Bishimbayev is held in the Astana police department’s temporary detention center.