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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 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
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.
