Tengrinews TV Радио Tengri FM Радио Жұлдыз FM Laws of Kazakhstan
KZ RU EN
Write us +7 (727) 388 8020 +7 (717) 254 2710
искать через Tengrinews.kz
искать через Google
искать через Yandex
USD / KZT - 335.71
EUR / KZT - 357.36
CNY / KZT - 48.76
RUB / KZT - 5.23

Kazakhstan owes over $300 million to Seychelles

15 may 2012, 20:19
0
Seychelles. ©AFP
Seychelles. ©AFP
Kazakhstan owes over $300 million to Seychelles, Tengrinews.kz reports citing Majilis deputy Nurtai Sabilyanov.

“The most interesting is that Kazakhstan owes so much to these islands. What are these debts? I understand this must be the debts to some companies. For example, we owe Bermudas huge money. Kazakhstan owes $32 million to Grimsey island. There are Cayman Islands and Seychelles; Kazakhstan owes them over $300 million. I suppose that Kazakhstan should not have any debts to these islands,” said the outraged member of the lower chamber of the Parliament.

“Funds borrowed abroad are usually borrowed from some financial institutes. Part of these institutes may be registered in offshore zones, including the islands,” Kazakhstan Finance Minister Bolat Zhamishev replied.

“Our key priority is to create conditions for economic entities and everyone working in our country to stop exporting profits and minimizing taxes through interaction with offshore companies. This problem with offshore companies is challenging for us. But Kazakhstan's economy doesn't have the problem with who borrows from whom and who owes to whom and whether one is registered in an offshore zone or not,” Zhamishev explained.

According to the Minister, Kazakhstan’s external debt stands at around $124 billion.


By Renat Tashkinbayev

Нравится
Add comment
Most Read
Most Discussed