For two weeks we have been watching the rapid decline of the dollar. Since April 18, 2024, the dollar has fallen in price by 9 tenge against the tenge. What will happen next and whether it is worth running to banks and buying up currency now, he says Zakon.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
Welcome to the "zone of opportunity".
At the Talap site, experts decided during the discussion that the crisis of state finances in the country is already on the threshold. They stopped in detail and told what specific problems exist in this area in Kazakhstan and whether they can be solved.
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.
