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
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.
Over the past three weeks, the ruble exchange rate has risen by 12% at once, reaching the value of 5.35 tenge. How long will the strengthening of the Russian currency last and how will this affect the growth of inflation, says Zakon.kz .
The Government has drafted a new Tax Code. It will already be published this week. In this issue on TALKS.Talks with Vice Minister of National Economy Azamat Amrin, we talked about the main changes in tax policy. Guest of the broadcast: Azamat Amrin, Vice Minister of National Economy
The Supreme Audit Chamber of Kazakhstan in its report for 2023 revealed serious problems and violations in the use of budget funds, which undermines the financial stability of the country and raises questions about the competence of government agencies.
On June 12, the United States imposed blocking sanctions against the Moscow Stock Exchange. Meanwhile, domestic experts are asking a reasonable question how sanctions against the Moscow Exchange will affect the formation of the tenge exchange rate and trade relations between Kazakhstan and Russia. And they are also afraid of a repeat of the situation in 2014, when the ruble fell to three tenge and domestic goods became not competitive. What to expect in the near future?
Today, on May 23, the deputies of the Senate considered and returned to the Mazhilis a bill on minimizing risks in lending, protecting the rights of borrowers, regulating the financial market and improving enforcement proceedings
