Moratorium in Kazakhstan for three years

consequences of covid-19


Moratorium in Kazakhstan for three years

Moratorium on the purchase of cars and furniture for government agencies introduced in Kazakhstan for three years

Ministry of Finance of the Republic of Kazakhstan, the Order of the President of the Republic of Kazakhstan from May 25 (2020) of this year, for a period of 3 years introduced a moratorium on the purchase of cars, special and operational and service vehicles, as well as office furniture for all government agencies and subjects of quasi-governmental sector The Ministry of Finance reported on the moratorium on the purchase of expensive furniture for state agencies and so-called quasi-state companies for three years.

"Ministry of Finance of the Republic of Kazakhstan, the Order of the President of the Republic of Kazakhstan from May 25 this year, for a period of 3 years introduced a moratorium on the purchase of cars, special and operational and service vehicles, as well as office furniture for all government agencies and subjects of quasi-governmental sector. President's order

President of Kazakhstan Kasym-Jomart Tokayev at an enlarged meeting of the government earlier gave a corresponding order." In practice, this will affect not only “expensive” furniture, but furniture in general. Large companies will disband their employees and the market of unemployed will be replenished.

Obviously, we need funds to counter Covid-19, I did not use the word fight on purpose, because so far the Covid virus is putting everyone and everything to the ground. A bright future.

I don't know how this will affect our small, hard-working furniture company, although I often think about it. The thought of changing the profile of work for a while comes to mind, because after state-owned companies, the demand for furniture will fall among ordinary citizens. As a consequence, probably stale furniture in showrooms and stores will be sold at discounts, which will lead to saturation of the market for the next year.

All this means that the income will fall and many including our furniture studio will simply have nothing to pay the rent. It is a bit sad picture of a bright future, in a word, everything will be fine - well without a gloom!

Previous Next