Chairman of Kazakhstan’s Security Council Meets with Prime Minister to Discuss Further Economic Development

NUR-SULTAN – The Chairman of the Security Council, Nursultan Nazarbayev, discussed the results of the country’s economic development over the last seven months and plans for the post-pandemic period with Prime Minister Askar Mamin Aug. 13, reported the press service of Kazakhstan’s First President.

Kazakh Prime Minister Askar Mamin (R) and Chairman of the Security Council Nursultan Nazarbayev. Photo credit: Elbasy.kz.

Positive dynamics have been observed in key sectors of the economy including the automotive manufacturing industry, mining, construction and other sectors, said Mamin. The state programs have reduced the negative impact of the lockdown and closing down of most of the economy. 

“We are experiencing one of the most difficult periods since our independence. During this time, we are faced with many challenges. Many countries now face the same impacts on their economies. We are witnessing an increase in unemployment globally. Business is experiencing difficulties as well – trade between states has decreased. However, the measures the government took earlier have helped mitigate the impact of the crisis on our economy. The decline of our economic indicators is three times less than that in other countries,” said Nazarbayev.

The First President of Kazakhstan said that local entrepreneurs also contributed to the socio-economic development of the country in a difficult period.

“Kazakh companies helped to save jobs, allocated money to support vulnerable groups, and also contributed to the promotion of the Biz Birgemiz (We Are Together) initiative. I am grateful to all business representatives. We helped 2.3 million people through this initiative,” he added. 

Nazarbayev recommended the government pursue measures to ensure growth in various sectors of the economy in the light of the second wave of the economic crisis and pandemic. Experts should study this issue and “prepare a special program for this case.” New approaches and measures are needed.

Outreach activities and campaigns for COVID 19 prevention are essential. 

Nazarbayev said that it is important to preserve the unity and stability of Kazakh society amidst the growing geopolitical conflicts and contradictions.

“We need to maintain internal stability. Consolidation of society and political stability is the main driver of our progress,” he said.

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