Rational allocation of resources.
If you think about what a country's main income is, you may think of taxes first, but you can't see this in Kazakhstan. Because of the impact of the COVID-19 epidemic, Kazakhstan has reduced taxes a lot this year, which directly led to many enterprises not paying taxes this year. Even the tax revenue of their oil company has dropped by 48.2%. However, Kazakhstan has gone, and through the rational allocation of resources, the national treasury funds have risen again. Of course, although the increase is not much, only 3.6%, it is far beyond other countries.
How to achieve such a rise?
First of all, most of Kazakhstan's state funds are managed by the Central Bank of Kazakhstan. They don't put these funds in the bank or use them, but introduce some professional investment managers to invest. According to the data released by the Central Bank of Kazakhstan, in the past period, the return on investment of Kazakhstan National Fund was 89. 13%.
What do you think of this rise?
To tell the truth, because his country is relatively small, he can make large-scale investments without disrupting the market. Of course, it cannot deny Kazakhstan's effective use of state funds. This model is worth learning. For many small and medium-sized countries, it can not only increase the funds in the national treasury, but also stabilize the market at a critical moment. Of course, it is impossible for a big country to spend so much money in the market.