Problems of high inflation in Kazakhstan

2024

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DOI 10.58212/2663631x-2024-1.2_02
Data confidence 70 medium
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Abstract

The article examines the main causes of high and unstable inflation in the country, and also raises questions - why the measures taken by the authorities do not have a positive effect, and what needs to be done to curb high inflation rates in the long term. The main factors associated with the current economic policy, which historically determined high rates of consumer inflation, are highlighted, and the actions of the government and the National Bank of the Republic of Kazakhstan in these areas are briefly considered.