The Economic Development Council was established last year under the auspices of the Kazakhstan Institute for Strategic Studies under the President of the Republic of Kazakhstan (KazISS). Meetings at this venue are chaired by the Governor of the National Bank of Kazakhstan, Timur Suleimenov. The topic of the third meeting was the optimization and improvement of the efficiency of public finances to ensure the dynamic development of our country.
eGov's Witnesses Financial analyst Andrey Chebotarev considers digitalization projects to have transformed our lives. "Digitalization in terms of eGov has allowed companies to remotely open accounts, provide services, spawned a number of startups such as Kaspi and Freedom, developed online brokerage, online banking. These are actually cool products.
The other day, the president signed a decree "On measures to liberalize the economy." About which norms are the most important and what are the risks of non-compliance with the decree, in an interview with inbusiness.Askar Kysykov, Director of the Talap Center for Applied Research, told 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
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.
Government agencies will not fine, but will give small businesses the opportunity to correct the violations identified. This was reported by the Ministry of National Economy. Such measures will be taken, according to officials, as part of the execution of the President's message.
In early September, the President of Kazakhstan will again address the population with an annual message. On the eve of this event, I decided to talk to well-known economists about their expectations regarding the main political statement in the country.
We did not notice how we began to borrow from banks for almost everything. For a new phone, for a car and an apartment, for a wedding, for food, and even loans to cover other loans. And don't forget about payday loans, vacation loans, and loans again to close all these loans. As a result, today we owe trillions of tenge to banks. And this figure is not even growing every year, but from month to month.
Products and services are becoming more expensive in the country. But the revenues following the price increase do not keep up! Most Kazakhstanis are forced to take food and medicines on credit!
