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.
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.
The state is still involved in the economy In May of this year, the Presidential Decree "On measures to liberalize the economy" was issued. The document is aimed at ensuring freedom of entrepreneurship through the development of competition, reducing state participation in the economy and reducing business costs.
Leading economists discussed housing market trends in Kazakhstan. Will there be an increase in housing prices in Astana and Almaty, stagnation and the expectation of stabilization. Is it profitable to invest in real estate now? The impact of preferential programs and leases. Risks of DDU, unfinished buildings and shareholders. Problems of social housing and urban planning, urbanization and competent management. Opportunities for buying housing on benefits.
Hi! We return after a break (vacation, work trips). And we return in a slightly unusual format. Today there will be fewer primitive questions from the moderator, but more of a conversation between two expert economists. Eldar Shamsutdinov invited Askar Kysykov, Director of the TALAP Center for Applied Research, to visit. And an interesting (and most importantly not too "abstruse", as Eldar sometimes likes) conversation came out.
The Center for Applied Research "TALAP" has been advocating for a systematic solution to the problem of over-crediting of the population of Kazakhstan for many years.
As you know, the previous government failed to develop a New Tax Code of Kazakhstan, offering only a harmful increase in VAT and other taxes from the new one.
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