Official Source of the
Prime Minister of the
Republic of Kazakhstan
Close button

Government and Accounts Committee will analyze effectiveness of state holdings and national companies — Alikhan Smailov

Tuesday, 03 September 2019, 10:51:44

At the Government session chaired by the prime minister of Kazakhstan, measures to implement the Address of the Head of State “Constructive Public Dialogue – the Basis of Stability and Prosperity of Kazakhstan” were considered. First Deputy Prime Minister – Minister of Finance Alikhan Smailov reported on the financial sphere of the issue.

The President of Kazakhstan Kassym-Jomart Tokayev, in his Address noted the need for the implementation of structural transformations that will help to stably ensure annual GDP growth of at least 5% by 2025.

According to Smailov, for this the Government will continue to diversify the economy and will intensify the functional analysis of the activities of both state bodies and the quasi-public sector. Studies of Kazakhstani and foreign analysts will be carefully analyzed.

The Head of State in the Address also noted that in order to increase the efficiency of the work of civil servants, it is necessary to attract trained young personnel to their ranks.

“Starting in 2020, we will begin to gradually reduce the number of civil servants, and we will use the released funds to provide material incentives for the most useful workers. By 2024, the number of civil servants and employees of national companies will be reduced by 25%,” Smailov said.

According to him, the priority is to increase the return on the quasi-public sector.

“We will evaluate the real contribution of the National Welfare Fund to the growth of the welfare of the people over the past 14 years. The Government, together with the Accounts Committee, will conduct a three-month analysis of the effectiveness of state holdings and national companies,” Smailov assured.

About 100 billion tenge were allocated from the National Fund to reduce unemployment and improve the living standards of the rural population. By the end of this year, a legislative framework will be developed for exempting micro and small business companies from paying taxes from their main activities for a period of three years. From January 2020, a three-year ban on inspections of micro and small business entities will come into force.

At the same time, the Ministry of Finance of the Republic of Kazakhstan has developed a bill on public procurement, which is also aimed at stimulating small businesses.

“Work will be strengthened to stimulate cashless payments, counteract the shadow economy, and the fight against the withdrawal of capital and tax evasion has been tightened. Recently, the work of the economic investigation service has been reformatted and optimized,” Smailov said.

As part of the Address, the Head of State instructed to modernize the tax system with a focus on a more equitable distribution of national income. To this end, the Government will take measures to improve the quality of the current tax system, encouraging companies to invest in human capital, in raising labor productivity, technical re-equipment, and export. Payments and fees not stipulated by the Tax Code will be prohibited.

In order to increase the efficiency of using budgetary funds and the National Fund, together with the National Bank by the end of this year, specific proposals will be developed to improve the quality of investment and use of the National Fund.

“To strengthen social support for the population, reserves will be further sought by reducing all inefficient spending and increasing budget revenues,” Smailov said.

The Ministry of Finance has launched comprehensive work to improve and strengthen customs administration. The public procurement system will be further improved.

“An appropriate bill has been developed which is aimed at stimulating fair competition, reducing corruption risks, as well as improving the quality of goods, work, services and qualifications of suppliers. All this will make it possible to receive additional revenues to the budget,” Smailov said.

At the same time, in order to optimize costs and improve the quality of investment asset management, the Government was instructed to study the issue of consolidating the extrabudgetary social security system by creating a unified social fund and introducing one social payment.

“In the near future, this work will be done by us. The organization of the budget process at all levels will also be built with the real involvement of the population in the formation of local budgets. In order for the district, city and rural levels of power to become economically more independent in solving local problems, relevant legislative acts will be adopted,” Smailov added.

News feed
10 July 2020, 23:55
Forward purchasing, state of crops and food stocks — development of agro-industrial sector of Kazakhstan
10 July 2020, 21:35
Berik Sharip relieved as chair of SK-Pharmacy LLP
10 July 2020, 20:32
Working trip to Atyrau region: Tugzhanov holds emergency meeting on epidemiological situation in region
10 July 2020, 15:07
Government sums up results of socio-economic development for first half of 2020
09 July 2020, 16:13
Operational Headquarters on COVID-19 keeps situation in regions under control
09 July 2020, 14:15
Government's anti-crisis measures: Restoring economic growth and supporting SMEs
07 July 2020, 18:40
Aigul Shaimova appointed vice minister of national economy
07 July 2020, 18:35
Madina Zhunusbekova relieved as vice minister of national economy
07 July 2020, 18:29
Nariman Mukushev relieved as vice minister of labor and social protection of the population of Kazakhstan
07 July 2020, 18:20
How development indicators of AIFC financial market changed during pandemic?
07 July 2020, 16:56
Investment attraction, large-scale construction and international recognition — how the main city of Kazakhstan developed
07 July 2020, 12:10
Tollways, repair and maintenance of roads, introduction of new technologies — interview with Chair of Roads Committee Sairanbek Barmakov
02 July 2020, 23:50
New format of dealmaking and transition to distance education — how online discussions of global economy during the pandemic took place
02 July 2020, 12:07
State Commission approves measures to stabilize epidemiological situation in Kazakhstan
01 July 2020, 18:37
Astana Finance Days: Experts on challenges and opportunities of Islamic finance and fintech industry in post-pandemic era
30 June 2020, 17:49
Prime Minister Askar Mamin holds session of Council of Eurasian Development Bank
30 June 2020, 16:45
Prime Minister of Kazakhstan Askar Mamin held a telephone conversation with Chair of the Russian Government Mikhail Mishustin
30 June 2020, 13:18
Annual demand for IT specialists reached over 30 thousand people — Ministry of Digital Development, Innovation and Aerospace Industry
30 June 2020, 11:18
AIFC proposes to create EduTech Center and Educational IT Alliance
30 June 2020, 11:08
By 2030, educational institutions of Kazakhstan will train over 3 million specialists of new formation — Ministry of Education and Science
30 June 2020, 11:06
Reduction in shadow economy in 2019 gave additional revenue of 1.5 trillion tenge to budget of Kazakhstan
30 June 2020, 10:54
Prime Minister Askar Mamin instructs to implement large-scale project ‘’Digital Bilim” to increase digital literacy
30 June 2020, 10:32
By 2025, shadow economy to be reduced to 20% of GDP — Ruslan Dalenov
30 June 2020, 10:12
97% of entrepreneurs switched to online cash registers — Ministry of Finance
29 June 2020, 18:59
How the Year of the Volunteer implemented, what kind of support the country's media receive and how civil society develops — Aida Balayeva reports to the public
29 June 2020, 17:12
Government session to be held June 30 in Ukimet Uyi
28 June 2020, 09:56
Video Digest: Main events of the week, No. 67
27 June 2020, 10:28
Prime Minister Askar Mamin congratulates media workers on their professional holiday
26 June 2020, 18:59
Bolat Tlepov appointed vice minister of information and social development of the Republic of Kazakhstan
26 June 2020, 18:49
Daniyar Yesin relieved as vice minister of information and social development of the Republic of Kazakhstan
26 June 2020, 18:14
Results in social sphere for 5 months of 2020: Restoring employment and providing new types of support
26 June 2020, 14:14
Azhar Giniyat appointed vice minister of healthcare of the Republic of Kazakhstan
26 June 2020, 14:12
Lyazzat Aktayeva relieved as vice minister of healthcare of the Republic of Kazakhstan
26 June 2020, 14:06
Marat Shoranov appointed first vice minister of healthcare of the Republic of Kazakhstan
26 June 2020, 13:39
Daniyar Vagapov appointed deputy chair of National Bank of Kazakhstan
25 June 2020, 19:05
Prime Minister Askar Mamin holds meeting of Commission on Digitalization under President of Kazakhstan
25 June 2020, 18:24
Prime Minister Askar Mamin introduces Minister of Healthcare Alexey Tsoy
25 June 2020, 08:58
Roman Sklyar discusses development of cooperation in agriculture with German companies
24 June 2020, 18:00
Prime Minister Askar Mamin holds meeting of Council on Transition to Green Economy under President of Kazakhstan
24 June 2020, 10:25
Roman Sklyar holds meeting of Project Office for Entrepreneurship
23 June 2020, 18:59
Gabidulla Ospankulov relieved as vice minister of information and social development of the Republic of Kazakhstan
23 June 2020, 13:18
In second half of 2020, Kazakhstan will continue to reduce oil production
23 June 2020, 12:58
Small and medium-sized enterprises can apply for new loan deferral — Madina Abylkassymova
23 June 2020, 10:59
Prime Minister Askar Mamin congratulates civil servants of Kazakhstan on their professional holiday
23 June 2020, 10:24
Prime Minister Askar Mamin congratulates police of Kazakhstan on their professional holiday
23 June 2020, 10:21
Prime Minister Askar Mamin instructed to ensure readiness for heating season
23 June 2020, 10:11
Government adopts measures to improve business climate in Kazakhstan
23 June 2020, 10:08
Beibut Atamkulov on heating season: Particular attention will be paid to preparing health facilities and residential buildings
23 June 2020, 09:57
As part of preparations for autumn-winter period, country plans to repair 8 power units, 59 boilers, 44 turbines — Ministry of Energy
23 June 2020, 09:34
Production of small and medium-sized businesses amounted to 31.2 trillion tenge in 2019 — Ministry of National Economy
© 2019 - 2020 Press service of the Prime Minister of the Republic of Kazakhstan.
Developed by SoftDeCo.