President Kasym-Zhomart Tokayev said that the revenues of half of the country’s population do not exceed 50 thousand tenge (about $ 115) per month, reports TASS.
Only 162 people own half the state of Kazakhstan, while it is impossible to live on 50 thousand tenge, the situation should be urgently changed, Tokayev said. The authorities of Kazakhstan because of the “commodity curse” failed to build a diversified economy, he added.
He also instructed the government to start a revision of deposits to identify those of them that are used inefficiently. In addition, the President of Kazakhstan believes that the country has developed a colossal concentration of business in some hands, which gives rise to disbelief and depression in Kazakhstan’s society.
After the mass riots held in Kazakhstan in early January 2021, President Tokayev announced the course to reform the country. The main reason for the January events, in his opinion, was a high level of bundle in society. He described the situation in Kazakhstan before the protests as a “powder barrel”.