Каzakhstan to Allocate Nearly $702 Million in 2021 to Its Employment Program

NUR-SULTAN – Kazakhstan will allocate 300 billion tenge (US$701.7 million) to its Employment Road Map program in 2021, said Kazakh Prime Minister Askar Mamin at a May 25 government meeting. 

During the meeting. Photo credit: primeminister.kz

The roadmap has four areas – improving the quality of life, increasing access to finance for small and medium-sized businesses, development of agriculture, and development of business in the regions.

“The implementation of the employment roadmap showed its high efficiency in providing jobs and improving the well-being of the people. At the instruction of the head of state Kassym-Jomart Tokayev, comprehensive measures were taken, including the expansion of the Employment Road Map program for 2021,” said Mamin.

With this roadmap, the government seeks to create permanent jobs and address acute issues. 

He said that this year the program will focus on the creation of permanent jobs through infrastructure projects, the development of entrepreneurship and the agricultural sector. 

“Overall, 300 billion tenge (US$701.7 million)  will be allocated to implement the Employment Roadmap this year that will create 35,600 jobs, including over 20,000 permanent jobs,” said Mamin.

Infrastructure projects worth 127.5 billion tenge (US$298.2 million) are planned in the regions, including projects in the construction and repair of roads, medical and educational organizations.

The government will also allocate 22.5 billion tenge (US$52.6 million) to support business projects through microfinance organizations and the Atameken National Chamber of Entrepreneurs. 

Baiterek national holding will receive 100 billion tenge (US$233.9 million) to finance investment projects in agriculture. 

In 2020, 6,600 infrastructure projects were implemented as part of the program to construct, reconstruct, and repair roads employing a total of 239,000 people.

“The employment roadmap helped solve part of the problems of three-shift and emergency schools, access to education, health care, clean drinking water for rural residents, increasing the area of irrigated, pastureland and gasification of rural settlements,” said Kazakh Minister of Labour and Social Protection Serik Shapkenov.  The unemployment rate remained at 4.9 percent, he said. 

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