WEEKLY REVIEW: We should not exclude the risk of another global crisis – Prime Minister Serik Akhmetov


WEEKLY REVIEW: We should not exclude the risk of another global crisis - Prime Minister Serik AkhmetovThe Government of Kazakhstan does not rule out the risk of recurrence of the global financial crisis and is closely monitoring the situation in the global economy.

On Monday, September 24, Serik Akhmetov was named new Prime Minister of Kazakhstan. Karim Massimov moved to another job. Akhmetov’s candidature was introduced to the Majilis by President Nursultan Nazarbayev. This candidature was unanimously approved by the Members of Parliament.

On Tuesday, September 25, a meeting with UN Special Rapporteur on Contemporary Forms of Slavery Gulnara Shahinian was held in the Ministry of Internal Affairs. The sides discussed the issues of human rights in combating trafficking in persons, other contemporary forms of slavery, and measures taken by the Kazakh Government in this field. The meeting has a strategic significance for Kazakhstan in order to prepare the recommendations for the UN Human Rights Council. 

On Wednesday, the 5th Kazakh-Afghan Intergovernmental Commission for Commercial and Economic Cooperation took place in Almaty.13 “For Kazakhstan, a key player in the Central Asian region, presence in the Afghan market opens up new opportunities for implementation of promising projects in the foreign trade sector,” Vladimir Bozhko, Kazakhstan’s Minister of Emergencies, told the meeting.

“Kazakhstani market and the opportunities it offers in various spheres of economy are of particular interest for Afghan entrepreneurs as well. The governments of the two countries are expected to sign the Treaty on the Encouragement and Reciprocal Protection of Investments within the session,” V.Bozhko added.

The same day, the international forum of librarians of CIS countries started its work in Astana.  The two-day forum focused on pressing issues such as the state policy impact on the development of library collection, opportunities to join efforts to provide access to cultural heritage, development of cooperation between the CIS libraries and so on. Kazakh Culture and Information Minister Darkhan Mynbay opened the forum reading the welcome speech of Secretary of State of Kazakhstan Mukhtar Kul-Mukhammed. He said that on the instruction of the Head of State the fund of the Kazakhstan National Electronic Library would be considerably expanded. The President also set the tasks to generate electronic resources, including full-text, and create electronic catalogs.

On Thursday, recently appointed Prime Minister of Kazakhstan Serik Akhmetov chaired the first session of the new Cabinet. “This is a new stage in the work of the Government. The Head of State has the confidence in us. The new team of the Government has been formed and it should live up to the President’s expectations,” S. Akhmetov told the session. “We should prove our Government can work effectively and solve the tasks set by the Head of State,” he continued.

PM Akhmetov stressed the new Cabinet would use the previously accumulated experience. “Most members of the Government have preserved their positions, but it does not mean we can rest easy. On the contrary, it is high time to act and fulfill the instructions given by the Head of State”.

“We should not exclude the risk of another global crisis. Government developed a step by step anti-crisis plan to ensure a stable macroeconomic environment and preserve economic growth. We will continue to monitor this process and respond to the challenges of the global economy,” the Prime Minister stressed.

In addition, S.Akhmetov instructed to consider the status of execution of all programs and, if necessary, make proposals for their correction. The Prime Minister also urged members of the Government to actively work with the regions given the new approach to regional development.

The same day, the Government was given a set of instructions from President Nursultan Nazarbayev, who held a session on oil and gas complex development. Kazakh Prime Minister Serik Akhmetov, Head of Presidential Administration Karim Massimov, Deputy Prime Minister K. Kelimbetov, Chairman of JSC “National Welfare Fund “Samruk-Kazyna” U. Shukeyev, Deputy Head of Presidential Administration B. Sultanov, Kazakh Minister of Oil and Gas S. Mynbayev and other officials attended the session. The meeting reviewed the performance of the assignments of the President on the development of the country’s oil and gas sector and the development of concrete solutions to the current problems.

The President urged to consider the construction of a gas processing plant and a gas pipeline from the Karachaganak field to the central regions of the country. “In addition, it is important to carefully study the issues of further development of the project to develop the Kashagan field,” Nursultan Nazarbayev said.

On Friday, September 28, Deputy Foreign Minister of Kazakhstan Kairat Umarov attended the 11th annual ministerial meeting of the group of developing countries that have no access to the sea, which is held in New York on the sidelines of the 67th session of the UN General Assembly. He said that Kazakhstan will continue to contribute to the development of Eurasian transport infrastructure. K.Umarov also noted that Kazakhstan is seeking to contribute to global food security and provides humanitarian aid to countries in need.