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Bakhyt Sultanov

Bakhyt Sultanov

Biography

He was born on November 29, 1971 in Almaty, Republic of Kazakhstan.

In 1994, Bakhyt Sultanov graduated from Kazakh National Technical University as an electrical engineer; in 1995, he graduated from Kazakh State Academy of Public Administration with a degree in economics.

Bakhyt Sultanov started his employment in 1994 as a leading economist in the corporation and licensing section of the Financial Market Securities Directorate at the Ministry of Finance of the Republic of Kazakhstan.

In 1995, Bakhyt Sultanov was appointed the section head; then in 1996, he became Deputy Head of the Directorate; in 1997 – Deputy Director of Budget Department; in 1998 –Director of Public Procurement Department; in 1999 – Deputy Director of Treasury Department; in 2001 – Deputy Director of Budget Department; in 2002 – Director of State Budget Department at the Ministry of Finance of the Republic of Kazakhstan.

From September 2002 through June 2003, Bakhyt Sultanov was Director of the Department of Budget Policy and Planning at the Ministry of Economy and Budget Planning of the Republic of Kazakhstan.

From June 2003 through February 2006, he served as Vice Minister of Economy and Budget Planning of the Republic of Kazakhstan.

From February 2006 through January 2007, he was Chairman of the Statistical Agency of the Republic of Kazakhstan.

From January 2007 through August 10, 2007, he held the position of Vice Minister of Finance of the Republic of Kazakhstan.

On August 10, 2007, he became Minister of Economy and Budget Planning of the Republic of Kazakhstan.

On March 13, 2010, Bakhyt Sultanov was appointed by a presidential decree as Aide to the President of the Republic of Kazakhstan.

From January 21, 2012 through November 6, 2013, he served as Deputy Head of the Presidential Executive Office of the Republic of Kazakhstan.

From November 6, 2013 through September 11, 2018, Bakhyt Sultanov was Deputy Prime Minister of the Republic of Kazakhstan and Minister of Finance of the Republic of Kazakhstan.

From September 11, 2018 through June 13, 2019, he served as Akim of Astana.

On June 17, 2019, Bakhyt Sultanov was appointed Minister of Trade and Integration of the Republic of Kazakhstan.

From January 11 through August 15, 2022 he was Deputy Prime Minister – Minister of Trade and Integration of the Republic of Kazakhstan.

By the decision of the Supreme Eurasian Economic Council dated October 6, 2022 he was appointed Member of the Board — EEC Minister in charge of Competition and Antitrust Regulation.

By the decision of the Supreme Eurasian Economic Council, from February 1, 2024, he was appointed Member of the Board — EEC Minister of Economics and Financial Policy.

Bakhyt Sultanov was awarded letters of gratitude: by President of the Republic of Kazakhstan (2001) and by Prime Minister of the Republic of Kazakhstan (2005), as well as the following medals: 10 Years of Astana (2008), 10 Years of the Parliament of the Republic of Kazakhstan (2006), 20 Years of Independence of the Republic of Kazakhstan (2011), 20 Years of the Constitution of the Republic of Kazakhstan (2015), 20 Years of Astana (2018), Excellence in Financial Service (2014).

He is a recipient of the Order of Kurmet (2006), the Order of Parasat (2012), and the Order of Barys III class (2021).

14 2016 The interview of the Minister on the technical regulation of the EEC Valery Koreshkov with BELTA news agency on establishment of the common market of medicines in the Eurasian Economic Union Medicines is the first group of specific goods, with which the EAEU countries started to work closely by the beginning of the functioning of the common market. Using this experience, the EAEU will form other common markets - for finances, energy, oil and gas, and so on. The BELTA journalist discussed with the EEC Board Member - Minister in charge of technical regulation Valery Koreshkov, what stages are yet to be covered and how the common market of medicines will work.​
14 2016 the Minister in charge of Economy and Financial Policy, Doctor of Law Askar Kishkembaev with the newspaper “Kazakhstanskaya Pravda”: “Integration initiatives of the independent Kazakhstan in the post-Soviet space. View from Moscow” In just a few days Kazakhstan will celebrate the main national holiday of the Republic, the Kazakhstan’s Independence Day. On this day in 1991, the Supreme Council of the country adopted a law on the Republic’s independence and state sovereignty of Kazakhstan.
Minister in charge of energy and infrastructure of the Eurasian Economic Commission Adamkul Zhunusov answered questions of 09 2016 Minister in charge of energy and infrastructure of the Eurasian Economic Commission Adamkul Zhunusov answered questions of "RUSARMINFO" and shared his view on the level of integration of Armenia in the common energy market of the Eurasian Union ​​How do you estimate the level of integration of Armenia in the common energy market of he EAEU? And what are the objective possibilities of development? ​
Interview of the Minister in charge of Economy and Financial Policy Timur Suleimenov to BelTA Information Agency: “Belarus plays a key role in all integration processes in the EAEU” 24 2016 Interview of the Minister in charge of Economy and Financial Policy Timur Suleimenov to BelTA Information Agency: “Belarus plays a key role in all integration processes in the EAEU” For two years, Belarus, Russia, Kazakhstan, Armenia and Kyrgyzstan have been living in conditions of the Eurasian Economic Union, facing certain challenges and trying to resist them together. At the end of October, another large meeting within the Union will be held in Minsk - a meeting of the Eurasian Intergovernmental Council. On the eve of this important event, BELTA reporter met with the EEC Board Member - Minister in charge of Economics and Financial Policy Timur Suleimenov to find out what the year of 2016 was like, how the EAEU will address issues of parallel imports and establish the rates of customs duties and what measures have been taken to establish the common financial market.​
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