Kazakh President urges Government to attract investment

January 27. KAZINFORM. ASTANA

Muratbek Makulbekov

Kazakh President urges Government to attract investmentAt a meeting of the Government of Kazakhstan President Nursultan Nazarbayev instructed to develop a national action plan for attracting investment and harmonization of investment policy of Kazakhstan with the standards of the Organization for Economic Cooperation and Development.

“We must use the available and find new reserves of economic growth, primarily, in order to fight for investments. This is especially important amid the global crisis, when investors are looking for reliable points of growth of capital,” said Nursultan Nazarbayev.

The President noted that the positive market conditions, availability of funds in the state treasury, strengthening of the state support for economy have reduced the government’s efforts to attract investment.

http://www.inform.kz/eng/article/2436583

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Nazarbayev charged to cut managerial staff in holdings, national companies, and state enterprises

January 27. KAZINFORM. ASTANA

Serik Sabekov

President Nursultan Nazarbayev charged to reduce the number of administrative apparatus in holdings, national companies, and state enterprises.

He has given such an instruction at the Government’s session.

The Head of State prohibited the use of the released resources to increase the salary of the remaining executives.

“Reductions are done not for this goal,” N.Nazarbayev said.

According to him, it is necessary for economy of the budget and anti-corruption activity.

http://www.inform.kz/eng/article/2436628

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President urged Government and National Bank to prepare financial sector for crisis

January 27. KAZINFORM. ASTANA

Serik Sabekov

President of Kazakhstan Nursultan Nazarbayev has urged the National Bank and the Government to ensure an optimal rate of tenge for competitiveness of our exporters’ products.

He has given such an instruction at today’s enlarged sitting of the Government.

According to him, external conditions can provoke devaluation of currencies of our trading partners

“Hence the National Bank together with the Government must ensure the optimal rate of tenge for competitiveness of our exporters’ products. It is necessary to prepare the financial sector for the crisis,” N.Nazarbayev said.

The Head of State noted that the Government is working upon it.

“Next week report me, what we will specifically do to the problem banks and the banking system,” the President resumed.

http://www.inform.kz/eng/article/2436592

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President urges to reduce expenses for costly useless events

January 27. KAZINFORM. ASTANA

Serik Sabekov

Kazakh President Nursultan Nazarbayev during the extended meeting of the Government instructed to reduce expenses for costly useless events.

The President noted that as soon as the economic situation gets better, immediately increases the number of anniversaries, pompous conferences, international meetings. It should be stopped, said Nursultan Nazarbayev.

However, the Head of State said that the ministries and akimats have already planned more than three thousand such events.

http://www.inform.kz/eng/article/2436566

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Nazarbayev criticized housing programs implementation

January 27. KAZINFORM. ASTANA

Kanat Kulshmanov

The housing construction programs are badly implemented in Kazakhstan. President Nursultan Nazarbayev has said at the enlarged session of the Government.

“I have also criticisms on housing construction. Last year it was planned to commission 138 thousand square meters of housing, but about 100 thousand square meters were put into commission,” he said.

The President noted that the country has problems connected with parceling for individual housing construction near the cities. At the same time, many of the selected areas remain undeveloped.

In this connection N.Nazarbayev urged the Government to work out this issue.

http://www.inform.kz/eng/article/2436668

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