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K.Kusherbayev expressed his opinion about country’s economic situation

by February 17, 2017 General

“We have a specific analytical range of professionals in Kyzylorda who study what is happening in the region, carry out various comparisons. We were very happy when the President instructed the National Bank and the Government to provide not only macroeconomic stability, inflation corridor, but also to be engaged in the development. This is very important because unaffordable loans do not contribute to GDP growth. We need resources, we need loans. Loans are advances to the economic growth”, the head of the region told.

The Governor believes that the time has come when the National Bank should make changes to boost the economy. This is from a restrictive monetary policy to a stimulating policy, the fight against inflation through the economic growth by gradually increasing the level of monetization of the economy.

“It is necessary to introduce a tax for currency transactions, except for payments of importing companies, the introduction of tax for the banking sector entities for the issuance of foreign currency loans and set a hard limit for open currency positions of banks”, K. Kusherbayev told.

Also during the conference Krymbek Kusherbayev spoke about the situation in the city of Baikonur. He thinks that all objects should be used in this region.

“The facilities existing at the complex is a possibility that should be used, to the same the Head of State believes that the objects of Baikonur should become an investment platform and seen as an opportunity to organize new, including joint ventures”, the Governor said.

According to him, now it is necessary to attract investment in the complex Baikonur.

Source: Kazakhtan 2050