A briefing on the results of the expanded meeting of the Government of Kazakhstan was held in Bratislava

Bratislava, February 8, 2024 – the Embassy of Kazakhstan in Slovakia hosted a briefing on the results of the expanded meeting of the Government of Kazakhstan with the participation of President Kassym-Jomart Tokayev. The briefing was attended by experts from the Institute of Oriental Studies of the Slovak Academy of Sciences, the Slovak Society for International Relations, the Faculty of International Relations of the University of Economics in Bratislava, analytical institute ASA, as well as several media outlets in Slovakia.

Ambassador of the Republic of Kazakhstan Tolezhan Barlybayev informed the participants of the briefing on the goals and objectives set by the Head of State before the new composition of the Government of Kazakhstan. The main goal was emphasized – to increase the volume of GDP of the Republic of Kazakhstan up to 450 billion dollars in five years with outpacing growth of real incomes of the Kazakhstan people. Its achievement will be facilitated by comprehensive measures to liberalize the economy, improve budget and tax policy, formation of a unified system of investment attraction, introduction of new approaches in industrial policy and development of the agro-industrial complex, strengthening of the transportation and logistics potential of the Republic of Kazakhstan, as well as digitalization of the economy.

It was noted that the new economic course of Kazakhstan will ensure annual growth of Kazakhstan's GDP and increase investment in its leading industries, which opens up great opportunities for business cooperation with foreign countries. The diplomat called on Slovak partners to more actively enter the Kazakh market, in particular by participating in the 10th meeting of the Kazakh-Slovak Intergovernmental Commission and business forum planned in Astana in April this year.

The participants of the briefing expressed considerable interest in the new model of economic growth of Kazakhstan, first initiated in the Address of the President Kassym-Jomart Tokayev to the people of Kazakhstan from September 1, 2023 and concretized at the expanded meeting of the Government of Kazakhstan.

General Secretary of the Slovak Society of International Relations Jan Kutan highly appreciated the systematic approach of the Kazakh government to build a solid foundation for the economy and develop new points of economic growth. According to his assessment, the realization of the tasks set by the President of Kazakhstan will ensure strengthening of the growth potential of Kazakhstan's economy and increase its resistance to global risks in the conditions of geopolitical tension and protectionism in global politics.

Professor of political science, former Ambassador of Slovakia to Kazakhstan Peter Juza expressed the opinion that the new economic course of the leadership of Kazakhstan and its balanced foreign policy will provide the economy with sufficient investment for growth. He noted the interest of the Slovak side to develop cooperation with Kazakhstan in the fields of energy, manufacturing, agriculture, as well as the exchange of experience in the rational use of water resources.

Assistant Professor of the Department of International Economic Relations of the Faculty of International Relations of the University of Economics, expert on Central Asia Andrianna Baleha noted the importance of Kazakhstan's transition to a new economic model based on socially-oriented policy and setting the goal of improving the welfare and quality of life of Kazakh people.

Gabriel Pirický, Deputy Director of the Institute of Oriental Studies of the Slovak Academy of Sciences, expressed confidence that the implementation of the economic modernization program will give a new impetus to the industrial development of Kazakhstan. He noted the growing role of Kazakhstan in the region and interest in the development of joint research projects in various fields.

In conclusion, the participants of the briefing wished success to the new Government of the Republic of Kazakhstan in the realization of goals and objectives set by the Head of State.