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Default Companies Has T2 Trillion Debt in Kazakhstan

Default Companies Has T2 Trillion Debt in Kazakhstan

The bankrupt enterprises in Kazakhstan have owed to creditors and workers 1,9 trillion tenges.

According to data provided by Aygul Ualiyeva, chief of the department on work with debt in tax control committee of state revenue, financial assets of enterprises which concerning bankruptcy in their banking accounts aren't enough to cover all debts for state taxes, workers and creditors.

"It's not true to tell that all sum of a debt goes to taxpayers who are potential bankrupts," the department director said.

In turn, 1,2 billion tenges of debt is to be paid to the third contractors and distributors have to get 447 billion tenges. Moreover, creditors are waiting to get back their money with the sum of T341 billion.

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