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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".
The target of study will be the growth of the index of China in Kazakhstan in 2024, analysis of its dynamics in 2020.
Is the Red Dragon coming?
RAHIM OSHAKBAYEV IS NOT A MEMBER OF THE COORDINATING COUNCIL OF THE PARASAT ALLIANCE OF ENTREPRENEURS
Global governance practice is gradually moving away from a model in which decisions are made only after a crisis has already become visible. Governments, international organizations and major companies are increasingly focusing on the early identification of change, testing decisions against different scenarios and preparing courses of action before a situation reaches a critical stage.
