This was discussed today during the round table "Is Kazakhstan in danger of a crisis of state finances?", organized by Talap Center together with Halyk Finance.
"When developing laws and various rules, financial and industrial groups and large businesses have a great influence on decision-making. This is typical for almost all countries, including developed ones. But when this happens behind the scenes, in conditions of complete legal instability, a wide field for corruption is created. In the civilized world, politics is not formed behind closed doors," Kassym-Jomart Tokayev said last spring, speaking to deputies.
Privatization of Samruk-Kazyna, devaluation or farewell to Western investors – economists have given recipes for Kazakhstan's prosperity
A regular meeting of the economic club was held at the site of the Kazakhstan Institute for Strategic Studies under the President of the Republic of Kazakhstan, where the draft National Development Plan "Kazakhstan-2029", developed by the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan (ASPIR), was discussed. The Agency has done a lot of work on the formation of this strategy, however, experts expressed interest in reviewing and finalizing it.
Taxes for Outsiders and Online Social Support
Representatives of the sector of short-term loans to payday are sounding the alarm, saying that stricter regulation will lead to the mass surrender of licenses. According to financiers, banks are not interested in customers who need small amounts. The problems in the MFI market were discussed by experts, according to Zakon.kz .
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.