Tokayev Urges Higher Taxes on Wealthy, Calls on Banks to Boost Business Lending

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan should consider raising taxes on wealthy individuals, revise parts of its new Tax Code to address business concerns, and encourage banks to provide more long-term loans to businesses, President Kassym-Jomart Tokayev said in his annual state-of-the-nation address on Oct. 28. Tokayev outlined priorities for macroeconomic policy, including fighting inflation, improving public spending… The post Tokayev Urges Higher Taxes on Wealthy, Calls on Banks to Boost Business Lending appeared first on The Astana Times .