Kazakhstan will develop a medium-term economic development plan

“Concrete measures will be developed aimed at the practical implementation of the instructions of the Head of State,” the head of the Ministry of National Economy said at a government meeting on January 28 reporting on the development of a medium-term economic development plan.

1. According to the fiscal policy, measures will be developed to build a transparent and pragmatic policy for the stability of the state budget. All tax preferences and benefits will be analyzed for their effectiveness.

2. For monetary policy and the financial sector, measures will be developed to achieve a consensus between inflation and economic growth.

3. Measures to increase competencies, efficiency and de-bureaucratization will be worked out for public administration and the quasi-public sector.

4. A series of measures will be implemented to develop entrepreneurship, competition and denationalization. This is the demonopolization of the market, the removal of administrative and economic barriers, as well as ensuring business access to public and quasi-public procurement.

5. In the agro-industrial complex, all conditions will be created for processing agricultural raw materials and ensuring the stability of state support in the agro-industrial complex.

6. In industry and construction, measures will be taken to effectively develop special economic and industrial zones, the processing industry, and also to increase labor productivity.

7. On trade policy, a Trade Policy Program will be developed.

8. On social policy, an inventory of legislation in the social sphere will be carried out.

9. With regard to healthcare, measures will be taken to increase the availability and quality of medical services, including the adoption of the Health Code. The draft Code will be discussed openly and widely.

10. By education, measures will be taken to improve the training system for teachers.