In Kazakhstan, there has been a debate for many years about whether the National Welfare Fund brings real prosperity to the country
In his message to the people of Kazakhstan, President Kassym-Jomart Tokayev stressed that living within your means is the only possible recipe for stability of public finances, reports inbusiness.kz .
The country is being prepared for budget and tax reforms
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.
The government's moves to find money in an inflated budget are raising more and more questions in the expert community.
The draft of the new Tax Code provides for a special tax regime for the self-employed, which does not involve the collection of taxes from this category of payers, reports Zakon.kz .
The presentation presents the main factors of monetary policy inefficiency and high inflation. This includes a pro-inflationary exchange rate policy, a non-functioning interest rate channel, as well as proposals to improve the situation, in particular, the transition to a comprehensive anti-inflationary policy that takes into account all inflation factors and provides for joint targeting of inflation, smoothing exchange rate fluctuations and economic growth.
