In early September, the President of Kazakhstan will again address the population with an annual message. On the eve of this event, I decided to talk to well-known economists about their expectations regarding the main political statement in the country.
We did not notice how we began to borrow from banks for almost everything. For a new phone, for a car and an apartment, for a wedding, for food, and even loans to cover other loans. And don't forget about payday loans, vacation loans, and loans again to close all these loans. As a result, today we owe trillions of tenge to banks. And this figure is not even growing every year, but from month to month.
We may be deprived of the "buns" from Tokayev - they will forbid us to withdraw part of the pension money. Such a proposal was made by "dear experts" – in their opinion, this is how Kazakhstanis reduce their assets and in the end they will simply remain without an adequate pension.
Products and services are becoming more expensive in the country. But the revenues following the price increase do not keep up! Most Kazakhstanis are forced to take food and medicines on credit!
Two years ago, at a meeting on the socio-economic situation in the country, the President of Kazakhstan instructed to start drafting a law on bankruptcy of individuals. And already in March of the 23rd year, the bankruptcy law began to take effect. Despite the fact that this is a real chance to get rid of financial bondage, the percentage of approval of applications remains very low.
The government's moves to find money in an inflated budget are raising more and more questions in the expert community.
