Ensuring a balance between monetary and fiscal policy to
improve the balance of macroeconomic policy. New approaches in these areas were
discussed during a meeting of the Council on Economic
Policy chaired by Kazakh Prime Minister Olzhas Bektenov. The participants
thoroughly discussed the issue of improving public finance sustainability and
the quality of economic growth with reliance on market mechanisms. Additionally,
proposals were presented on the institutional strengthening of compliance with
the system of budget rules and targets, increasing the role of the private sector
in financing the economy, and reducing systemic risks in the financial sector.
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