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The movement of assets by Kazakh officials to Dubai has sparked discussions about the quality of domestic institutions and decision-making processes. Financial expert Rasul Rysmambetov has highlighted this trend as a reflection of the lack of trust in Kazakhstan's legal system. During his visit to Dubai in the summer of 2025, Rysmambetov observed a noticeable presence of Kazakh officials and their families, which he attributes to their skepticism towards the country's institutional integrity.

Trust in Legal Systems

Rysmambetov points out that the prevailing issue of legal supremacy in Kazakhstan continues to undermine confidence in long-term business investments. Investors require stable and consistent regulations, which are currently lacking, prompting officials and businesspeople to secure their assets abroad.

This analysis sheds light on the broader implications of asset transfers, suggesting a need for reforms to bolster trust in Kazakhstan's legal and institutional frameworks.

For more information, visit Infohub.kz.