Kazakhstan's 1 Million Tenge Mobile Transfer Limit: A Necessary Measure or Unjustified Restriction?

Kazakhstan Implements 1 Million Tenge Mobile Transfer Limit: Vice Minister Explains Rationale Kazakhstan's government recently implemented a new limit of 1 million tenge for mobile money transfers. This decision, announced by Vice Minister of Finance Dauren Kenbekov, has sparked debate among citizens. Kenbekov explained that the limit was established following an analysis of transaction data by experts and the Committee of State Revenues. He stated, "The sum was determined by our experts, the Committee of State Revenues, based on transfer data. Our colleagues believe this amount is safe." The decision, approved by the Economic Council, is still under discussion, indicating ongoing evaluation and potential adjustments based on public feedback and further analysis. The limit's impact on financial transactions and the public's response will be closely monitored.