An elaborate system of controls prevails in the distribution of intermediate and final goods among enterprises. One's Earnings Interest rates are largely regulated. The NBK receives the bulk of its loanable funds from the Central Bank of Russia and allocates them according to parliamentary or government directives. Refinance quotas have been used by the NBK as an instrument of selective credit allocation. Rates on investment returns are not controlled.
Residents can hold foreign currency.
Internationally There are no significant barriers to imports. The government has adopted a liberal trade policy to encourage international exports. There is no import licensing. Imports of non-essential goods have been restricted through tariffs, duties and quotas. Customs procedures remain cumbersome and confusing.