Kazakh Prime Minister outlines key tasks for Government

Kazakh Prime Minister outlines key tasks for Government

Kazakh Prime Minister Olzhas Bektenov held a meeting on the implementation of the instructions given to the government by the country’s President Kassym-Jomart Tokayev. He outlined the key tasks, including the introduction of over 700 megawatts of additional power generation for industrial enterprises, working out a campaign to promote water management culture, as well as the development of proposals to attract private investments for the construction of municipal solid waste recycling plants. The country’s Ministry of Finance will have to conduct a review of the state budget within 10 days, while local budgets should optimize expenditures that are not of primary importance. The tax code also requires changes and should be aimed at stimulating business activity. The Prime Minister emphasized that owners of large industrial enterprises, particularly those operating in the extractive industries, need to present specific plans for creating new high value-added production facilities within a decade as well. Bektenov addressed reforming the construction, social, agricultural sectors, digital transformation of the transportation, and others. 

“We were granted sufficient authority to effectively enhance the growth rate, actively pursue economic diversification, attract investments, and solve all current tasks. Ministers should operate independently and promptly address sector-specific issues. Everyone should understand that the pace of work will be fast, and requirements will be stringent,” said Bektenov.