Kazakhstan has revised its economic growth forecast to 3.1 percent in 2021 from 2.8 percent amid improved macroeconomic indicators in the first quarter of this year, Economy Minister Aset Irgaliyev said.

The price of oil could plunge to as little as $10 a barrel by 2050 if the world succeeds in electrifying the energy market and meeting the Paris Agreement goals, analysis by consultancy Wood Mackenzie shows.

Kazakhstan plans to make changes to the Central Asian country's electoral legislation, easing requirements for political parties and introducing direct voting at the local municipal election, in a move to liberalise its political system.