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The Economic Times

Global Business / The Economic Times

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Central Asia's biggest state pushes for data driven economy to avoid stagnation

Kazakhstan's President Kassym-Jomart Tokayev urged a swift transition to an AI-powered economy. He stressed that delaying this shift risks the nation falling behind globally. Traditional growth models are losing effectiveness. The country needs a unified digital transformation and a real-time economy for faster decision-making. Private sector involvement and a robust venture ecosystem are crucial.

5 May 2026 9:53 am