Rustam Zhursunov, Chairman of the Board of the Association of Investors of Kazakhstan, in the latest episode of «Itogi»:
Why have investors stopped reinvesting?
Why have the rules of the game turned into a minefield for the economy?
What is actually holding back business growth?
Key points of the conversation:
• 3 main priorities for business: regulatory environment, attracting investment, protection of rights
• “Changing the law is a technical matter, but law enforcement is the real problem”
• The idea of “regulatory intelligence”: how AI can eliminate conflicts and archaic norms
• Why banks are almost not lending to businesses at such rates
• New Tax Code: what is more important — low taxes or predictability
• Price and tariff freezes — the effect of a compressed spring and a threat to infrastructure
• Populism vs private property: “Revising privatization is a path to nowhere”
• Civil law contracts (GPH): why bans don’t work and how to relieve the payroll burden