Legal bases of monetary policy of the Republic of Kazakhstan and integrative relations

Abstract

In the article, the authors touch upon the issues of the monetary policy of the state carried out in the person of the National Bank of the Republic of Kazakhstan as one of the central bodies responsible for financial stability and its legal implementation, taking into account economic integration relations. Particular attention is paid to monetary policy as a financial and legal category and its essence. The authors, using various methods, identify the problems of the state’s monetary policy and ways to solve it in the legal field. Great importance is given to globalization processes, which are necessary at the present stage of development and also have legal foundations that require implementation. Among other things, the article contains a legal description of the state bodies responsible for conducting monetary policy through their rights and obligations, but of a significant nature. The legal approaches of foreign states in the field of monetary policy are also considered, which allow comparing and highlighting the positive aspects.