The Kazakh economy faced uncontrolled price increases. This was said by President Kasym-Zhomart Tokayev in the annual message to citizens, the broadcast of which is available on YouTube.
The National Bank and the Government were powerless before inflation, referring to world trends. This kind of excuses highlight the vulnerability of the national economy, “the head of the state neighboring Russia said. According to Tokayev, the main is the return of inflation in the corridor 4-6 percent. At the end of June, it amounted to 7.9 percent.
The president of the country also instructed from January 1, 2022 to increase the minimum wage from 42.5 thousand tenge (about $ 100) to 60 thousand tenge (141 dollar).
In the Message of Tokaev also stated that it was necessary to stop the oppression of the Russian language in Kazakhstan, despite the active campaign on the introduction of the Kazakh language in all spheres of the life of the Republic of the Republic.