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Written by 9:15 am General

The socio-economic block of the Address of the President was discussed by the participants of the Young Experts Club under the Senate of the Parliament of the Republic of Kazakhstan

A regular meeting of the Club of Young Experts was held under the chairmanship of the Speaker of the Senate Maulen Ashimbayev. Its participants discussed the socio-economic block of the President’s Address and voiced proposals for its implementation. Minister of National Economy Alibek Kuantirov took part in the meeting as an invited guest.

 

Opening the meeting of the Club, the Chairman of the Senate noted that the priorities of the new economic course are the stimulation of private entrepreneurial initiative, the development of competition, the fair distribution of national income and other strategic changes.

 

“The priority tasks set in the Address are a phased rejection of state interference in pricing, demonopolization of the economy. Also, a clear and predictable economic policy is needed to ensure sustainable economic growth. To restart the financial sector, the President of the country instructed to prepare a new Tax Code. The relevant work has already begun. The Head of State also noted the need for significant reform and the adoption of specific measures to improve the situation in the areas of customs administration and budget policy , ”  Maulen Ashimbayev emphasized.

 

In addition, as the Chairman of the Senate noted, the Address paid special attention to systemic support for entrepreneurship, including through the introduction of a new model of public-private partnership and addressing the issue of lack of credit resources.

 

According to Maulen Ashimbaev, given the consequences of the pandemic on the country’s economy in conditions of limited resources,  the Head of State outlined a number of main priorities .

 

“We now need clear rules of the game for entrepreneurs, according to which , over the coming  years, you can work, build your activities  and your business in Kazakhstan . This is an important  step in order to formulate a new paradigm from a fair, open and democratic Kazakhstan. The next  task that follows from the Address is to reduce the state’s share in the economy  through the reform of National Companies, the quasi-public sector and  other tools. And one more priority : we must take  targeted  steps to actively lend to the economy.   The President of the country outlined the basic rules. We must give proposals on them, convey them to the main parties involved and continue to jointly adhere to these rules ,” the Senate Speaker emphasized.

 

In turn, the Minister of National Economy Alibek Kuantyrov highlighted the priorities of the ministry’s work, and also expressed gratitude to the meeting participants for a comprehensive analytical approach, research on domestic and global economic processes, noting the importance of joint work of the state with the expert community in developing new ideas .

 

Members of the Young Experts Club voiced a number of proposals and recommendations regarding the international experience of tax rates and other social contributions, the strategy of Kazakhstani business in the face of sanctions pressure and other topical issues of economic development.

 

 

 

Source: Mazhilis of the Parliament of the Republic of Kazakhstan

Last modified: October 5, 2022