"How much is equity of Kazakhstan abroad? It's difficult, to say the right number. But, according to official data, outflow sum composes $20 billion in last 9 years," Bakhyt Sultanov, Kazakh Minister of Finance, informed in the government session.

According to Kazakh Minister, legalisation of revenues doesn't mean that all capital will return to internal market of Kazakhstan.

"Our abroad money has already invested in something. So, we have to create the ecosystem for investment operations in Kazakhstan in order to get back state equity," Mr. Sultanov noted.

Kazakh Minister assures that money has to earn money. Therefore, big finance turns into big projects. In this way, Kazakhstan sending national companies to privatization.

As noted in the session by Daniar Akishev, governor of the National Bank of Kazakhstan, property legalisation helped to invest 43 billion tenges in an economy of Kazakhstan.

Kazakhstan has passed not much time from amending rules of legalization and dynamics of the legalization of a property is increasing each month, according to Mr. Akishev.

Photo: forbes.kz