Kazakhstan predicted repetition of experience of USSR

The situation in Kazakhstan provides grounds for comparing the country with the Khrushchevian period of the USSR history, follows from the review of analysts “Renaissance Capital”, dedicated to the future of the state after unrest and protests in early January. The document is at the disposal of “Lental.ru”.

Predicted prospects for repetition of experience are based on the comparison of the President of Kazakhstan Kasym-Zhomart Tokayev with Nikita Khrushchev himself, which began the beginning of the thaw. The authors of the document notice that the Board of Khrushchev is perceived ambiguously, considering such events such as the Caribbean crisis.

“But at the same time, the most long-term heritage of Khrushchev turned out to be massive housing construction (Khrushchev was provided by housing about a third of the” born in the USSR “, including the author of this review). For a decade, more housing was built in the Soviet Union than for the previous 40 years, In terms of construction, the country emerged in the first place in the world. Taking into account this, if we carry out historical parallels, they, in our opinion, give grounds for optimism towards sectors related to housing construction, including the banking sector, “is noted in the review .

Experts notice that, although the riots undermined the reputation of Kazakhstan as a “quiet harbor”, they can begin a new stage of development with active budget stimulation of the economy. In 2022, the growth rates of the country’s GDP, according to analysts, will be 5.3 percent, which is comparable with the level of 2021, the government will have to “significantly spend” to reimburse damage caused during the riots. For business, as evaluated by the National Chamber of Entrepreneurs, it amounted to about $ 215 million, the main blow to the sphere of services, small and medium-sized companies, as well as the transport sector.

In early January, protests began in Kazakhstan, initially related to the increase in gas prices for cars. At the same time, the riots with the participation of armed people who organized attacks on a number of important facilities, including the airport, were held in Almaty. The President of Kazakhstan Kasym-Zhomart Tokayev called the ever attempt to the state version. He announced a number of economic and social reforms.

/Media reports.