The exchange rate of the Kazakh currency is staggering under the pressure of the budget, vacations and emotions. The National Bank intervenes pointwise, but the market is already living up to expectations of a dollar appreciation.
To what extent the republic's budget is social and how corruption components reduce the effectiveness of government spending.
Why arguments about Kazakhstan's social budget are a myth, and where the budget trillions actually go, says economist Askar Kysykov.
The Government of Kazakhstan is working to grow the economy, and it is necessary to improve the quality of life of the population. The goal determines the means. Maybe the wrong goals were initially chosen in the country? In which direction should the vector of the government's policy turn in order to grow not only the economy, but also the quality of life of Kazakhstanis? We are talking about this today.
The gap between income and expenditure of the domestic budget is growing. According to the most optimistic calculations of the government, this year the country's budget deficit will amount to more than 4 trillion tenge. What is the risk of this imbalance and what to do? We'll find out today. When state finances sing romances Expenditures of the local and national budgets in 2024 increased by 13.4%, eventually amounting to 34.7 trillion tenge.
The main factor of influence is the economic policy of the government What trends will determine the housing market in Kazakhstan this year, how will inflation, the dollar exchange rate and other factors affect the industry? Why don't we have mortgages at 2% per annum, as in Germany? And what needs to be done to ensure that as many citizens as possible have a roof over their heads? We are discussing with market experts and economists.
Tax reform will not solve the problem of Kazakhstan's state budget deficit, and comprehensive measures are needed to address this issue. This opinion was expressed by the director of the Talap Center for Applied Research, Askar Kysykov, on the Rossiya 24 TV channel. The Government of Kazakhstan is discussing tax reform, which implies an increase in VAT from 12% to 20%.
A possible increase in VAT in Kazakhstan from 12% to 20% will lead to higher prices, lower real incomes and higher inflation. This forecast was made by Askar Kysykov, director of the Talap Center for Applied Research, on the Rossiya 24 TV channel. The Government of Kazakhstan is discussing tax reform in order to solve the problem of the state budget deficit. The reform involves an increase in VAT from 12% to 20%.
The National Bank recently decided to keep the base rate at 15.25% per annum with a range of +/- 1 percentage point, Kazinform agency correspondent reports.
Kazakh economists told a correspondent of the Kazinform agency how the return of Donald Trump to the White House may affect the tenge exchange rate in the future.
At the end of last year, the dollar exchange rate in the exchangers of Kazakhstan exceeded 530 tenge.
Chinese marketplaces are killing Kazakhstan's SMEs-publications with such headlines have periodically appeared in local media over the past year. In Russian, by the way, too. What is behind the information attacks on Chinese platforms, with what results does e-commerce end the year in the country, and what problems should actually be solved? Read about this in today's TAJ.report analysis.
