Kazakh President: To protect domestic exporters
During the speech with the annual Address to the people of Kazakhstan “Growth in prosperity of Kazakhstanis: rise of income and life quality”, the President of Kazakhstan instructed to protect domestic producers, first of all, in the manufacturing sphere. Read more in the material of the Strategy2050.kz Information Agency.
“Export-oriented industrialization should become a central element of the economic policy. The Government must focus on supporting exporters, primarily in the manufacturing sector. Our trade policy should stop being “toothless”. It should be proactive in nature”, the President stated.
At the same time, Nursultan Nazarbayev instructed to help domestic enterprises master a wide range of consumer goods, develop the so-called economy of simple things.
“Look around what is happening. How do the producers in Belarus protect themselves? You know. What did happen to Kyrgyzstan when we blocked everything for them. How did they fight?! Ours are silent, they do not argue with anyone, because they are used to the fact that only top management should argue with someone. Everyone must fulfill his duty and protect our business and its passage to other markets around us and to third countries. This is important not only in terms of realizing the export potential, but also as a measure to saturate the domestic market with domestic goods”, the Head of State said.
Nursultan Nazarbayev instructed the Government to allocate 500 billion tenge to support the manufacturing industry and non-oil exports.
“The saturation of the domestic market should be the main guideline of our Government. I instruct the Government to allocate 500 billion tenge to support the manufacturing industry and non-primary exports over the next three years. I instruct the National Bank to provide early tenge liquidity to the banks at least 600 billion tenge for affordable lending”, the President stated.
Also, the President of Kazakhstan called on compatriots to support our producers.
“It’s time for us to deal with consumer goods. We can produce suits and shirts. We need to support them. Today we need to support our own products. I have dressed and still dress clothes of our manufacturers, who produce no worse and 10 times cheaper”, the President noted.
We remind that President of Kazakhstan, Nursultan Nazarbayev, is speaking with the annual Address to the People of Kazakhstan Growth in prosperity of Kazakhstanis: rise of income and life quality at the Akorda residence. The Address is devoted to the topical issues of socio-economic development of the country and the tasks for improving the welfare of Kazakhstanis.
Source: Kazakhstan 2050