ASTANA – The Sixth Economic Forum of National Business Expert-200-Kazakhstan organised by the rating agency Expert RA Kazakhstan (RAEX) and the Expert Kazakhstan magazine was held on Nov. 14 in Astana. Its main topic was, “The reform of public administration: Centre – Regions – Business.”
Speaking at the forum, Prime Minister of Kazakhstan Karim Massimov emphasised the importance of implementing tasks set by President Nursultan Nazarbayev in his state-of-the-nation address, “Nurly Zhol.”
“In periods of turbulence, when the global economy begins to totter and commodity prices hit historic lows, counter-cyclical fiscal policy should be carried out. In this regard, the head of state decided to allocate additional funds to stimulate the economy of Kazakhstan and to ensure its financial stability,” Massimov said.
Creating an effective system of governance with a professional and compact staff is a goal the President has identified as one of the strategic objectives of Kazakhstan’s development to 2050, calling it necessary for enhancing competitiveness and helping the country reach its goal of joining the top 30 most developed countries in the world.
Yerbolat Dossayev, Minister of National Economy, discussed the implementation of administrative reform in Kazakhstan. The purpose of the changes is to increase the efficiency of public administration and reduce the level of government interference in business activities, as well as create favourable conditions for business overall, he said.
An awards ceremony naming the companies ranked most highly by Expert RA Kazakhstan was also held within the forum, with Expert RA Kazakhstan CEO Adil Mamazhanov presenting the awards.
“We have highlighted the companies that are leaders in their industries and make a significant contribution to the quality development of the economy and its growth,” Mamazhanov said. Tengizshevroil, Samruk Energo, Kazakhstan Temir Zholy and Sberbank were among the companies that received awards.
More than 300 representatives of Kazakhstan’s business community participated in the event. Participants discussed ways to address the interaction of central and local government agencies and businesses in the implementation of Kazakhstan’s economic development policy.