Askar Kysykov, TALAP - Taxes up, tenge down, privatization on pause | Arman Batayev | finmentor.kz

In the final episode of the Finmentor Podcast on macroeconomics, our guest, Askar Kysykov, Director of the Talap Center for Applied Research, summed up the current economic challenges in Kazakhstan and discussed development prospects for 2025. Among the key topics:

Raising VAT to 20% – how will this affect businesses and consumers?
Budget deficit and the use of oil revenues – what measures will help balance state finances?
Prospects for privatization – how can this affect economic growth?
Tenge volatility is the cause of instability and possible steps to strengthen the exchange rate.

This episode is a great opportunity to summarize the entire cycle and look at the future of Kazakhstan's economy from an expert point of view.