In a recent government session, Minister of Water Resources and Irrigation Nurzhan Nurzhigitov reported strides in the modernisation of Kazakhstan’s water sector. He outlined the government’s plans to implement 98 projects in 2025, with a total investment of KZT 173.7bn ($354mn), marking a 73% increase from the previous year. The projects align with Kazakhstan’s long-term vision for the water sector, as outlined in two key documents adopted in 2024: the Concept of Water Resources Management System Development for 2024-2030 and the Comprehensive Water Sector Development Plan for 2024-2028. These documents…
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Budget 2024: Outlook for Water Sector
Subhash Sethi, Chairman, SPML Infra Limited India was the 10th largest economy in the world with a GDP of $1.9 trillion about ten years ago. Today, it is the fifth largest with a GDP of $3.7 trillion (est. FY24) and in the next three years, it is expected to become the third-largest economy in the world, with a GDP of $5 trillion. Policy reforms with ease of doing business have played a pivotal role in propelling India’s economic growth. These measures have significantly contributed to the country’s economic progress and…
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