Kazakh President Kassym-Jomart
Tokayev’s state-of-the-nation address is currently a topic of discussion worldwide.
Foreign experts overviewed and analyzed this strategic document, which sets a
new vector for the country’s development.
Particularly, the leading
European media outlet Modern Diplomacy published an article by Luke Rodehefer, one
of the famous financial analysts, who says that the new economic model of
Kazakhstan is aimed at creating a transparent and attractive business
environment for foreign investors. “The President’s focus on stable economic
growth of 6-7 percent with the aim to double the volume of the national economy
to $450 billion by 2029 is ambitious but signals a strong commitment to
macroeconomic stability, another key indicator scrutinized by foreign investors,”
the expert wrote.
The Italian newspaper Il Giornale
published an article related to the President’s state-of-the-nation address, providing
an analysis of the new initiatives and summarizing some of the outcomes of ongoing
reforms. According to the paper, the country is making rapid progress in
digitalization on its way to become a leader in IT and financial areas. In his address,
the Head of State said that Kazakhstan is ready to establish partnerships with
transnational corporations in these industries. The country is also attracting
investment to expand renewable energy sources and develop its transport
infrastructure. Together, these sectors will enable Astana to finally assert
itself as the economic engine of Central Asia.
Another media outlet, Pakistan
Today, notes that Kazakhstan is positioning itself as “a dynamic player on the global
stage while enhancing the quality of life for its people.” The successful execution
of reforms will stand as a testament to the country’s commitment to build a
prosperous and equitable future. According to the author, President Tokayev’s
call for accelerated development in sectors such as heavy engineering and the localization
of the automotive industry indicates concrete steps taken toward systematically
diversifying the country’s economy.
