The Main Measures of Modernization the Financial Sector of Kazakhstan


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Authors

  • G.E. Kerimbek
  • D.D. Orynbek
  • A.B. Mizanova

Keywords:

finance, bank, modernization, deposit, budget, credit, foreign investment, national currency.

Abstract

The main purpose of modernization of the financial sector of the country is to create mechanisms, that
accompany the further the financial sector development, the financial system as a key factor in the formed processes
of ensuring the competitiveness of the financial system, as well as the need to strengthen confidence in the financial
system of the country and stimulate investment activity. It is known that foreign investment plays an important role in the development of our economy. In this direction, efforts should be continued to improve the quality and range of
financial services provided on the basis of a comprehensive assessment of potential risks in the implementation and
development of new financial instruments in the country.It is necessary to continue the development of public-private
partnership projects. The problem is to limit the concentration and stimulate competition in the banking system of the
country, which leads to direct measures to gradually increase the minimum capital of banks.

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Published

2023-01-16

How to Cite

Kerimbek Ғ., Orynbek Д., & Mizanova А. (2023). The Main Measures of Modernization the Financial Sector of Kazakhstan. ECONOMIC Series of the Bulletin of the L N Gumilyov ENU, (4). Retrieved from https://bulecon.enu.kz/index.php/main/article/view/59-64

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Section

Статьи