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Wednesday, September 18th, 2019

BakytzhanSagintayev instructed to monitore implementation of treasury support in public procurement

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During the meeting, Minister of Finance of Kazakhstan B. Sultanov reported that it is proposed to introduce treasury support of public procurement for the construction in order to reduce the shadow economy, strengthen the monitoring of construction progress and rational use of budgetary funds. This year, this mechanism will be tested in three regions – Astana, Akmola and Karaganda.

Prime Minister of Kazakhstan BakytzhanSagintayev said public procurement system has been subject to a fair criticism at the enlarged session of the Government with the participation of President NursultanNazarbayev.

“In a short time, this system was designed, developed, we will introduce it in a pilot mode now. We will change the scheme and the most important task – to load the pilot mode. You have to bring it until the end of the year and to switch completely to the mechanism of treasury support in public procurement next year. We will also inform the public on the proposed measures for all other areas,” said B.Sagintayev.

Source: The Prime Minister of Kazakhstan

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BakytzhanSagintayev instructed to monitore implementation of treasury support in public procurement

Closed

During the meeting, Minister of Finance of Kazakhstan B. Sultanov reported that it is proposed to introduce treasury support of public procurement for the construction in order to reduce the shadow economy, strengthen the monitoring of construction progress and rational use of budgetary funds. This year, this mechanism will be tested in three regions – Astana, Akmola and Karaganda.

Prime Minister of Kazakhstan BakytzhanSagintayev said public procurement system has been subject to a fair criticism at the enlarged session of the Government with the participation of President NursultanNazarbayev.

“In a short time, this system was designed, developed, we will introduce it in a pilot mode now. We will change the scheme and the most important task – to load the pilot mode. You have to bring it until the end of the year and to switch completely to the mechanism of treasury support in public procurement next year. We will also inform the public on the proposed measures for all other areas,” said B.Sagintayev.

Source: The Prime Minister of Kazakhstan

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