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.
An expanded government meeting was held today with the participation of President Kassym-Jomart Tokayev. Opening the meeting, Kassym-Jomart Tokayev noted that global processes can have a strong impact on the republic, which must be prepared for. At the same time, at the meeting, the Head of State emphasized that it is necessary to start living within your means, spending money only on solving the most important tasks. For more information, see the talk show "Results".
In the final episode of the Finmentor Podcast on macroeconomics, our guest, Askar Kysykov, Director of the Talap Center for Applied Research, summed up the current economic challenges in Kazakhstan and discussed development prospects for 2025. Among the key topics:
Of course, the main topic of the new podcast is the 530 course and everything related to it. The guest is Askar Kysykov, Director of the Talap Center for Applied Research. We figure out what happened to tenge, we figure out all sorts of scenarios, we strongly argue about the base rate (here Eldar and Askar are antagonists!) and we are trying to figure out how to continue to live for us and you, ordinary Kazakhstanis who receive salaries in tenge.
