Tax reform will not solve the problem of Kazakhstan's state budget deficit, and comprehensive measures are needed to address this issue. This opinion was expressed by the director of the Talap Center for Applied Research, Askar Kysykov, on the Rossiya 24 TV channel. The Government of Kazakhstan is discussing tax reform, which implies an increase in VAT from 12% to 20%.
A possible increase in VAT in Kazakhstan from 12% to 20% will lead to higher prices, lower real incomes and higher inflation. This forecast was made by Askar Kysykov, director of the Talap Center for Applied Research, on the Rossiya 24 TV channel. The Government of Kazakhstan is discussing tax reform in order to solve the problem of the state budget deficit. The reform involves an increase in VAT from 12% to 20%.
The National Bank recently decided to keep the base rate at 15.25% per annum with a range of +/- 1 percentage point, Kazinform agency correspondent reports.
Kazakh economists told a correspondent of the Kazinform agency how the return of Donald Trump to the White House may affect the tenge exchange rate in the future.
At the end of last year, the dollar exchange rate in the exchangers of Kazakhstan exceeded 530 tenge.
Chinese marketplaces are killing Kazakhstan's SMEs-publications with such headlines have periodically appeared in local media over the past year. In Russian, by the way, too. What is behind the information attacks on Chinese platforms, with what results does e-commerce end the year in the country, and what problems should actually be solved? Read about this in today's TAJ.report analysis.
For the past few days, pension payments from a single accumulative pension fund in Kazakhstan will be able to determine from the bottom line. As the head of the government noted, in the address of the Senators, studying the social significance of the issue, as well as the international practice on visits and visits, it is proposed to resolve the IPN pension issue from the ENPF.
Our guest is Okhonov Farhad Rashidovich, Chairman of the Board of Halyk Finance. The accumulative element of the pension system is the object of constant public criticism. One of the problems is the low investment profitability. During the period of the UAPF's existence (2013-2023), the accumulated investment yield amounted to 139.2% with accumulated official inflation of 153.8%. At the same time, during this time, the tenge exchange rate weakened by 202%.
If you look at the relations between Kazakhstan and Russia from the outside, you can see the largest land border in the world in terms of length, and a huge number of bilateral agreements, unions and organizations that include both countries. However, it is worth looking deeper as it becomes obvious that most joint organizations do not work at the proper level, and agreements remain on paper.
In today's issue, experts will talk about youth housing, both rent-free and foreclosed, as well as various mortgage programs. What are the conditions of these programs? How accessible are they for young people who are just starting their career and, accordingly, earn much less than their older colleagues who have professional experience and extensive work experience? For more information, see the new issue of the Results program.
On April 19, the TALAP Center for Applied Research held a round table on the topic " Is Kazakhstan in danger of a crisis of state finances ", where a presentation "Current problems of the state finance system" was presented.