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Kazakhstan sees rise in budget revenue from shadow sector cuts

GenevaTimes by GenevaTimes
June 27, 2025
in Europe
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Kazakhstan sees rise in budget revenue from shadow sector cuts
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Economy
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27 June 2025 10:10 (UTC +04:00)

Kazakhstan sees rise in budget revenue from shadow sector cuts


Efforts to reduce the shadow economy generated an additional 1.2 trillion tenge (approximately $2.3 billion) in revenue for Kazakhstan’s state budget, Finance Minister Madi Takiyev said during a joint session of Parliament.

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