How to motivate banks to invest in the economy of Kazakhstan | Special Project
In one of our previous issues, we talked about the catastrophic debt burden of Kazakhstanis. Among the reasons for the current situation, experts then called the policy of banks, which in previous years were in great honor with the country's leadership, and, as a result, received gigantic financial injections. Financial institutions used it, got rich, gave these funds at interest to customers and got rich again. But it couldn't go on like this anymore.
Kazakh banks may be required to pay taxes in the amount of dividends to their shareholders. The proposal voiced by the President was ambiguously received in the banking sector. However, according to independent experts, it is necessary to look at the situation more broadly, since this is not just an attempt to replenish the state treasury, but rather to motivate financial institutions to invest in the economy.
How this is related and whether it will affect ordinary customers, we will tell you in this issue of the Special Project program.
Sept. 13, 2024
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