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.
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.
RAHIM OSHAKBAYEV IS NOT A MEMBER OF THE COORDINATING COUNCIL OF THE PARASAT ALLIANCE OF ENTREPRENEURS
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!
Two years ago, at a meeting on the socio-economic situation in the country, the President of Kazakhstan instructed to start drafting a law on bankruptcy of individuals. And already in March of the 23rd year, the bankruptcy law began to take effect. Despite the fact that this is a real chance to get rid of financial bondage, the percentage of approval of applications remains very low.
