The Prime Minister of Kazakhstan

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Bakytzhan Sagintayev holds meeting on improvement of Kazakhstan’s positions in «Doing Business» ranking

04 August 2016, 19:41

In the Ukimet Uyi  the First Deputy Prime Minister of Kazakhstan Bakytzhan Sagintayev has held a meeting on improvement of Kazakhstan's positions in the «Doing Business» ranking of the World Bank.

In the ranking of «Doing Business» Kazakhstan ranked the 41st in 2015 among 189 countries of the world.

The World Bank noted Kazakhstan as the state which held the highest number of reforms - 19 reforms in seven of the ten directions.

As part of improving the position of Kazakhstan in the «Doing Business» rating, four packages of amendments to legislation were taken, which are aimed at reducing the number of licensing procedures and financial terms of business costs. Currently, a fifth package of legislative changes has been developed, which includes 57 amendments to 7 codes and 10 laws.

Following the meeting B.Sagintayev instructed to continue implementing the reforms to facilitate the business environment.

Moreover, the authorities that responsible for «Doing Business» rating should form a common position on a number of legislative initiatives.