Akhmetov draws attention to problems in tax and customs spheres
Almaty. July 24. Kazakhstan Today - An extended board meeting of the Tax Committee and the Customs Control Committee of the Ministry of Finance under the chairmanship of Prime Minister Serik Akhmetov has been held on Tuesday in Astana.
As Akhmetov pointed out in his speech, the President in his address to the nation "Strategy "Kazakhstan-2050" focused on the liberalization of the tax and customs administration. "This means a more comfortable tax environment for the developing business and simplification of the tax accounts. The first results of the work done are already visible, the forms of reporting were reduced by 30%, but the problem still remains urgent," Prime Minister Akhmetov said, according to the Prime Minister's official website.
He outlined a number of topical issues of tax administration, including questions pseudo-entrepreneurship, VAT administration, false and deliberate bankruptcy.
To solve these problems it is necessary to increase the effectiveness of the risk management system, the Prime Minister stressed.
Akhmetov also focused on issues of concern in the field of customs. These are the large financial burden due to changes in the code of goods in the course of post-customs control; complicated procedure of determining the customs value; imperfection of the risk management system; lack of electronic declaration; the requirement to present a large number of documents for customs declaration and duration of customs clearance.
"These problems are not new, they are repeated from year to year," the Prime Minister stated. He instructed the Ministry of Finance and Ministry of Economy in cooperation with Atameken Union to study all problematic issues until the end of the year issues and make proposals to address them.
In addition, the head of the Cabinet considers it necessary to continue the development of national information systems aimed at automating key processes of customs regulation, declaration and clearance.
"The system should be integrated into the information systems of government agencies concerned, as well as interact with the competent authorities of the Customs Union member states," Akhmetov emphasized.
The Prime Minister called the activities of the Customs and Tax committees the most sensitive public sphere, in which the government interacts with the public and business. "By the level of this interaction in the whole the society assesses the quality of public services," Akhmetov concluded.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
relevant news
Kyrgyzstan and World Bank reach agreement on Kambarata HPP-1 project
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Kazakhstan turns to high-value added manufacturing with building polyethylene plant it Atyrau region
The Head of State has identified deep processing of hydrocarbons as one of the key areas of development of the oil and gas sector. The priority for our economy is high conversion production producing products with a rapid increase in added value in the technological chain with an export orientation. The added value between the initial feedstock ethane and the third conversion product polyethylene increases 20 times, from $80-90 to $1600-1800 per tonne. The Polyethylene project will certainly give a serious impetus to the development of both the manufacturing industry and the country's economy as a whole. According to experts' calculations, the contribution to the country's GDP by 2030 from the implementation of the project is estimated at approximately 1.2%," Olzhas Bektenov said.
We on the part of the state provide comprehensive support in the implementation of projects important for the country's economy. At the same time, we expect you to increase the share of local content. For this purpose, it is necessary to determine the list of goods and equipment that will be mandatorily purchased from domestic producers. Special attention should be paid to training of Kazakhstani specialists and transfer of competences. It is important for us to maximise the attraction of local personnel, including for management positions in the project. We count on a similar approach in the implementation of other joint projects," Prime Minister emphasised.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Olzhas Bektenov and Head of the Sakha Republic Aysen Nikolayev discuss issues of trade and economic cooperation
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Uzbekistan and Kazakhstan launch E-Permit international cargo transportation system
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
National Bank of Kazakhstan maintains base rate at 14.75%
Annual inflation in February and March continued to decrease, albeit at a slower pace. Inflation expectations have slightly decreased but remain at a relatively high level. The external inflation background continues to be neutral with the ongoing trend of declining grain prices in global markets. Within the domestic economy, inflationary pressure persists due to robust internal demand and unanchored inflation expectations," reads the bank’s official statement.
In the current circumstances, there is still limited room for easing monetary policy. This space will begin to form with the stable reduction of the stable part of inflation," it said.
Monthly inflation slowed down in March to 0.7% after a spike in the previous month (1.1%), forming above the average historical values (0.6%). A similar dynamic is observed for the indicators of core and seasonally adjusted inflation - a significant reduction in March after a sharp acceleration in February," said the bank.
The external inflation background is neutral. The cost of food in global markets in March shows a slight increase, mainly due to rising prices for vegetable oils. Grain prices continue to decline against the background of the realization of the harvested crop in exporting countries and the uninterrupted operation of maritime trade routes," said the bank.
In the European Union, the trend towards slowing inflation continues against the backdrop of the European Central Bank's restrictive policy. Despite expectations of weaker economic growth indicators this year, the ECB remains committed to returning inflation to its target value and intends to maintain restrictive monetary and credit conditions for this purpose," said National Bank Governor Timur Suleimenov in an April 12 statement.
The Federal Reserve notes that inflation in the United States still remains high. In March, the annual inflation rate increased to 3.5%, accelerating for the second consecutive month. According to the Fed's rhetoric, the current monetary and credit conditions will continue going forward. In Russia - a key trading partner of Kazakhstan, inflation in March remained at 7.7%. According to the statement from the Russian regulator, achieving the inflation target involves a prolonged period of maintaining tight monetary and credit conditions," said Suleimenov.
Pro-inflationary risks are conditioned by the continuation of reforms in the area of regulated prices, the consequences of abnormal floods in Kazakhstan, and the uncertainty associated with the volumes of budget expenditures needed for their elimination," the bank said.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Henkel intends to develop production in Kazakhstan
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Kazakhstan and Finland: Plans to launch 11 new manufacturing projects worth 32.5 billion tenge
By 2027, the woodworking industry plans to launch approximately 11 new productions valued at 32.5 billion tenge, creating 1400 jobs", emphasized the Vice Minister.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
ADB: Kazakhstan's economy to grow 3.8% in 2024, 5.3% in 2025
The prospects for Kazakhstan’s economic development look positive in the medium term," said ADB Country Operations Head in Kazakhstan Iskandar Gulamov.
However, the economy’s dependence on commodities makes such growth volatile-so structural reforms are key to bolstering the country’s economic resilience and sustainability," he added.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Most viewed
25.04.2024, 21:19Kazakh Foreign Minister Met With the Deputy Minister of Foreign Affairs of China 25.04.2024, 13:21 4521Priorities of Cooperation Between Kazakhstan and the European Union Presented in Athens25.04.2024, 18:23 4291Kazakhstan and Slovakia are Expanding Trade and Economic Cooperation
19.04.2024, 21:19 47536Head of State signs law banning e-cigarettes19.04.2024, 18:10 47341Kazakh, Kyrgyz Presidents unveil monument to Aikol Manas in Astana19.04.2024, 17:24 45321Kazakhstan and Kyrgyzstan to reduce checks at border - Head of State Tokayev19.04.2024, 13:44 36561Kazakh, Kyrgyz presidents hold talks in Astana19.04.2024, 12:26 Kazakhstan turns to high-value added manufacturing with building polyethylene plant it Atyrau region35386Kazakhstan turns to high-value added manufacturing with building polyethylene plant it Atyrau region
29.03.2024, 19:37 117316Year of Kazakhstan Tourism in China officially opens in Beijing29.03.2024, 14:44 104886Kazakh nationals urged to leave Ukraine's Odessa and Kharkiv regions03.04.2024, 11:09 97046First Kazakh Senate Speaker passes away03.04.2024, 15:04 96901Kazakh President met with secretaries of SCO Security Councils02.04.2024, 20:49 96781Oil spill detected in Caspian Sea