The President approved the project aimed at encouraging small and medium-sized businesses to move out of the shadow sector.
On June 15, President of Kazakhstan Kassym-Zhomart Tokayev held a working meeting with Chairman of the Financial Monitoring Agency Zhanat Elimanov, who reported on the measures taken to reduce the number of ‘shadow’ economic entities, the press office of the President of Kazakhstan reported.
The high-ranking official said 87 criminal groups that had issued a large number of fraudulent invoices totalling 2.8 trillion tenge had been cracked down. Investigative efforts resulted in the detection of 10 clandestine workshops, where 800,000 bottles of unrecorded alcohol products were seized.
He reported that 96 casinos had been discovered and shut down. Wide-ranging investigations resulted in pulling 1,200 slot machines, terminals and gaming tables out of the sector of shadow economy. 40 cases of illegal oil bunkering and unrecorded sales of petroleum products had been detected.
Commenting on the report, the President supported the initiative of launching the Aikyn Economy national project. The pivot of the initiative is to ensure transparency of financial transactions and encourage small and medium-sized businesses to move out of the shadow sector.
