For two weeks we have been watching the rapid decline of the dollar. Since April 18, 2024, the dollar has fallen in price by 9 tenge against the tenge. What will happen next and whether it is worth running to banks and buying up currency now, he says Zakon.kz .
About this in an interview with inbusiness.Oscar Kysykov, Director of the Tales Center for Applied Research, told kz.
It will only get worse, economists and financiers predict. Next year, Kazakhstan will face an acute phase of the crisis, which will peak by 2030. And the 100 billion tenge that the government intends to accumulate in the National Fund by this time will not save us.
The expert offered his vision of solving the issue
Welcome to the "zone of opportunity".
At the Talap site, experts decided during the discussion that the crisis of state finances in the country is already on the threshold. They stopped in detail and told what specific problems exist in this area in Kazakhstan and whether they can be solved.
A working version of the research report “The Carbon Farming Industry in Kazakhstan: Unlocking Opportunities”, prepared jointly with the International Center for Competition Law and Policy of the BRICS at the Higher School of Economics and the International Institute for Applied Systems Analysis (IIASA).
On August 29, 2023, the TALAP Center for Applied Research Public Foundation presented the research "Business Climate of the New Time" at the forum "Stagnation or the New 90s" in Astana: how will SMEs develop?"
For over three decades, China has amazed the world with the rapid pace of its economic growth. In the 70s, the Chinese economy was more agrarian and based on a command-administrative system, but as a result of consecutive market reforms, the economic landscape of the Celestial Empire has dramatically transformed.
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.
The issue of China's growing influence in Kazakhstan becomes increasingly relevant each year. The PRC is one of Kazakhstan's key foreign economic partners. There is a strategic necessity for a systematic and comprehensive study of China. Alongside this, there is a need for strengthening and creating new platforms and mechanisms for interaction between the expert community, business structures, government apparatus, and universities in this research direction.