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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%.
Only 16% of Kazakhstanis consider themselves healthy. A unique study on the health of Kazakhstanis was conducted by the TALAP Center for Applied Research. In Almaty, people move less and sleep less, in Astana, they are more stressed and eat fast food, in Shymkent, there is a greater emphasis on fruits and vegetables, but only 7.3% of Kazakhstanis regularly visit a doctor for preventive examinations.
A major exclusive in the early days of 2024 – an interview given by the head of state, Kassym-Jomart Tokayev, to the Egemen Qazaqstan newspaper. The president devoted part of the detailed conversation to discussing a painful topic for the Republic - domestic violence. According to Tokayev, he "supports the tightening of punishment for domestic violence."
This is the fourth paper in the Kazakhstan Economic Radar, Q2 2026 series. It presents the International Radar, based on an analysis of external reports on Kazakhstan's economy.
This is the fifth paper in the Kazakhstan Economic Radar, Q2 2026 series. It presents the Integrated Radar, which brings together the three underlying radars, compares their similarities and differences, and identifies cross-cutting responses.
The effective closure of the Strait of Hormuz became the largest oil supply disruption in history. But the global market did not go into an uncontrolled price spiral. The shock was sharp, but shorter than the most severe forecasts had anticipated. This is a story not only about oil, but also about which forecasting methods work better under conditions of war, physical supply shortage, and high uncertainty.
