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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%.
An expanded government meeting was held today with the participation of President Kassym-Jomart Tokayev. Opening the meeting, Kassym-Jomart Tokayev noted that global processes can have a strong impact on the republic, which must be prepared for. At the same time, at the meeting, the Head of State emphasized that it is necessary to start living within your means, spending money only on solving the most important tasks. For more information, see the talk show "Results".
Material No. 2 in the series “School in the Age of Artificial Intelligence.” TALAP Center for Applied Research in partnership with Global Education Futures.
Material No. 3 in the series “School in the Age of Artificial Intelligence.” TALAP Center for Applied Research in partnership with Global Education Futures.
Material No. 4 in the series “School in the Age of Artificial Intelligence.” TALAP Center for Applied Research in partnership with Global Education Futures.
This is the first paper in the Kazakhstan Economic Radar, Q2 2026 series. It explains how the radar is constructed and how it can be used.
This is the second paper in the Kazakhstan Economic Radar, Q2 2026 series. It presents the issues being discussed by the country's economic experts.
This is the third paper in the Kazakhstan Economic Radar, Q2 2026 series. It presents the Institutional Radar, based on an analysis of government economic policy.