PM Massimov: Next decade Kazakhstan embarks on execution of long-term measures


Serik Sabekov

PM Massimov: Next decade Kazakhstan embarks on execution of long-term measuresIn the next decade Kazakhstan will set to realization of the long-term measures, Prime Minister Karim Massimov has announced it at Kazakhstan-2030 Strategy: opportunities and prospects of new decade of Kazakhstan International conference being held in Astana Independence Palace at present.

According to him, leading economies of the world are preparing for a new, more competitive future through increasing productivity of the labor forces, investing in infrastructure, developing telecommunications, strengthening financial institutes, raising efficiency of state administration and creating favorable conditions for business development.

“Therefore in the first years of the next decade we will focus on those measures which will allow us receiving results quickly and which will not require much expenses for their realization. These are the so-called measures on rehabilitation. Simultaneously we will set to implementation of the measures of long-term character which will require mobilization of significant resources of the state”, he said.

The PM also stressed that these long-term measures would become a pledge of Kazakhstan’s prosperity in future.

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Business potential development to underlie Kazakhstan’s competitiveness in future – Massimov


Serik Sabekov

Development of business potential will become a basis of Kazakhstan’s competitiveness in the period of global rehabilitation, Prime Minister Karim Massimov has said at the conference on Kazakhstan-2030 Strategy in the Palace of Independence today.

“We have already done much work in order to simplify doing business in our country. To date our task is creation of favorable business climate. In this case our efforts on economy diversification will be fruitful”, the head of the Government said.

“Banks’ loans must be based on tough standards of transparency which will help restrain commercial, financial and currency risks. We must reach full-fledged financial stability and enhance the role of domestic investment resources”, the PM noted.

Alongside, K. Massimov highlighted importance of brining Kazakhstan’s legal system into compliance with the world standards which in its turn needs independence and transparency of the court system and improvement of the legislation and law-making quality.