Kazakh Minister of National Economy Alibek
Kuantyrov informed the country’s President Kassym-Jomart Tokayev about preliminary
results of social and economic development for the last 10 months of this year,
which stipulate that GDP growth may attain five percent. Kuantyrov also
reported that the share of small and medium-sized businesses in Kazakhstan’s
economy reached almost 37 percent. The volume of foreign direct investment for
the first half of the year exceeded $13 billion. The production of SMEs reached
28 trillion tenge, with 9,000 projects being subsidized. Besides, the minister presented
to the Head of State a new regulatory policy in the field of entrepreneurship,
which will help reduce business inspections twice.
National Bank Head informs President Tokayev
about preparations for digital tenge launch
President Tokayev also received Chairman of the
Kazakh National Bank Timur Suleimenov, who reported on the progress of
preparatory work for the launch of the digital tenge and plans for the
development of digital financial infrastructure. The Head of State was
briefed on the outcomes of the monetary policy implementation for
January-October of this year. Additionally, Suleimenov provided information on
the progress of the instructions’ implementation given by the Head of State in
his state-of-the-nation address and preparations for the celebration of the
30th anniversary of the national currency.
