The Prime Minister of Kazakhstan

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B. Sagintayev: Five Social Initiatives — a vivid manifestation of the President's special concern for the people

06 March 2018, 11:15
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Prime Minister of the Republic of Kazakhstan Bakytzhan Sagintayev instructed to develop a detailed road map for the implementation of the President’s Five Social Initiatives within one week.

"Addressing the people directly with the initiatives, the Head of State also expressed sincere gratitude to the people of Kazakhstan. And this only strengthens their meaning. Five Social Initiatives of the Head of State are a vivid manifestation of the President's special care for the people. This is the presidential and filial gift of Elbasy to his people. All the initiatives of the Head of State touch upon the most pressing problems that people are worried about today," Bakytzhan Sagintayev said.

The President proposes to increase the availability of mortgages for citizens, reduce the tax burden, ensure accessibility and quality of higher education, expand microcredit, carry out work on further gasification of the country. In particular, in order to provide new opportunities for purchasing housing for each family, the National Bank will develop a new mortgage Program 7-20-25 with the creation of a special organization. The main terms will be the interest rate on the loan not higher than 7% per year, the initial contribution is not more than 20%, the loan term is up to 25 years.

In order to reduce the tax burden for increasing the wages of low-paid workers, the Ministry of National Economy was instructed to ensure the introduction on January 1, 2019 of a reduced rate of individual income tax of 1% for employees with wages less than 25 MCI per month. At the same time, it is necessary to ensure the direction of the released funds to increase the salaries of these workers.

The issues of increasing the accessibility and quality of higher education and improving the living conditions of student youth are also under special control of the Head of State. In this regard, the Ministry of Education and Science was commissioned, on the basis of an analysis of the need for specialists in the new economy, to finalize the draft Resolution on the approval of the state educational order for 2018-2021 academic years for the training of personnel with higher and postgraduate education, taking into account the instructions of the Head of State. At the same time, it is planned to increase the number of grants by 20 thousand and by the end of 2022 the construction of hostels for at least 75 thousand additional places.

The Head of State also raised the issue of expanding the volume of microcrediting for small and medium businesses by 20 billion tenge.

"As part of the ongoing work on productive employment and the development of mass entrepreneurship, I instruct the Ministries of Labor and Social Protection of the Population, National Economy, Agriculture, Finance and the Atameken NCE: first, to take into account the allocation of 20 billion tenge with the specification of the republican budget for the current year; the second, to make proposals on the further distribution of funds and conditions for microcrediting, especially in the countryside," Bakytzhan Sagintayev said.

Within the framework of the fifth initiative "Further gasification of the country" Bakytzhan Sagintayev instructed the Ministries of Energy, Finance, National Economy, Investments and Development, the akimats of the respective regions to create a working group in a week together with the Samruk-Kazyna fund and Baiterek holding company.

"I instruct you to work out the financing of the Saryarka gas pipeline along the route Kyzylorda-Zhezkazgan-Karaganda-Temirtau-Astana, including by attracting appropriate funds from international financial institutions," he said.

For all five initiatives that are important and will bring about fundamental changes in the social life of the people, a single Road Map will be developed.

"Strict and successful execution of the initiatives of the Head of State, which meet the vital interests of every Kazakhstani, is a serious test for all of us. Therefore, we must concentrate all our efforts in order to implement the President's instructions and realize the expectations of the society," the Prime Minister said.


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