Abstract:
Tourism, with its potential for economic growth and development, is a topic of
increasing relevance for Kazakhstan, a country blessed with diverse natural beauty and cultural
richness. This article explores the intricate relationship between tourism and the stability of
Kazakhstan's national currency, the tenge. The research employs a multidisciplinary methodology,
including data analysis and interviews with key stakeholders.
The study reveals that tourism holds the promise of substantial economic contributions. It
has the potential to boost foreign currency inflows, enhance the balance of payments, and stimulate
local businesses. Nevertheless, the analysis also underscores the complexities and challenges
associated with the interaction between tourism and currency stability, including external
influences such as global economic trends and exchange rate fluctuations.
The findings have significant implications for policymakers and strategic planning for the
development of Kazakhstan's tourism industry. By gaining a deeper understanding of this interplay,
policymakers can make informed choices to maximize the benefits of the tourism sector while
mitigating its associated risks. Furthermore, the research lays the groundwork for future studies
that can refine econometric models and investigate strategies for enhancing the resilience of the
tourism industry to external shocks.
This study contributes to a more comprehensive perspective on the potential and challenges
of the tourism industry in Kazakhstan, paving the way for sustainable growth and economic
diversification.
