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.
In one of our previous issues, we talked about the catastrophic debt burden of Kazakhstanis. Among the reasons for the current situation, experts then called the policy of banks, which in previous years were in great honor with the country's leadership, and, as a result, received gigantic financial injections. Financial institutions used it, got rich, gave these funds at interest to customers and got rich again. But it couldn't go on like this anymore.
A new political season has started in Kazakhstan, and the country is waiting for large-scale reforms. The CSTO exercises are taking place in Kyrgyzstan. Kazakhstan and Tajikistan want to enrich their friendship with uranium. Who inculcates extremist views from the outside in Kyrgyzstan, and why does Turkmenistan begin the battle for the harvest with prayer? These and other regional news are in the new season of the program "In the Center of Asia" with Robert Frantsev.
The President presented an ambitious reform program and socio-economic measures for the future. In this issue, an economist and a political scientist analyze the main points of the message.
The President's message to the people of Kazakhstan, and with it the start of the next political season in the country. Certainly one of the important events of this week. For several days now, domestic experts have been actively discussing an important and strategic document. This time, in his Message, the Head of State pays great attention to Kazakhstani entrepreneurs. The President noted that the most favorable conditions for business development should appear in our republic.
How to approach the prudent use of public spending, How to learn to live within your means and not go into the National Fund every time? What priorities should be set when planning a budget? For more information, see the new issue of the Results program.
