Prime Minister Olzhas Bektenov, speaking at a briefing following the Government meeting, addressed journalists’ questions regarding the Head of State’s goal to grow Kazakhstan’s economy to $450 billion by 2029.
At the Government session chaired by Prime Minister Olzhas Bektenov, the results of socio-economic development and execution of the republican budget for the first six months of the current year were considered.
Prime Minister of the Republic of Kazakhstan Olzhas Bektenov took part in the 17th Summit of the Economic Cooperation Organization (ECO), held in the city of Khankendi, Azerbaijan.
At the Government session of the Republic of Kazakhstan, Deputy Minister of National Economy Asan Darbayev stated that modern challenges require a comprehensive approach—combining technical modernization, the introduction of innovative and water-saving technologies, digital transformation of the sector, and institutional and tariff reforms.
The 16th meeting of the Kazakhstan-German Business Council took place in Astana with the participation of First Deputy Prime Minister of Kazakhstan Roman Sklyar. The event brought together representatives of key ministries, leadership of Baiterek National Managing Holding, and leading members of the Kazakhstan business community. The main focus of the meeting was the current state and future prospects of bilateral economic cooperation.
Prime Minister Olzhas Bektenov held a meeting with experts, during which current issues related to economic development were discussed.
Kostanay Region continues to demonstrate positive momentum across key areas of socio-economic development. The population is growing, industry and agriculture are advancing, and small and medium-sized businesses are becoming more active. Investment in the region is increasing, while measures are being implemented to improve education, healthcare, and the social sector.
Baiterek Holding's eight trillion tenge to support entrepreneurship and the implementation of key national and investment projects already this year will give 1.3% additional contribution to real GDP growth in Kazakhstan.
The Minister of Energy Yerlan Akkenzhenov reported on the current situation and prospects for the development of the oil and gas chemical industry at the meeting of the Government. He emphasised that this area is one of the priorities in reorienting the oil and gas sector from the raw materials model to the production of high value-added products.
The Minister of Industry and Construction Yersain Nagaspayev reported on measures to develop the chemical and petrochemical industry at the Government session. To date, the share of the chemical industry in the structure of the manufacturing industry is 4.6 per cent. According to him, the industry has a positive impact on the development of such sectors as agriculture, metallurgy and production of construction materials.
Deputy Prime Minister - Minister of National Economy Serik Zhumangarin made a working trip to Almaty region, where he met with agricultural producers of the region, visited scientific and innovative facilities located in a special economic zone, and familiarised himself with the work of the Institute of Nuclear Physics.
Prime Minister Olzhas Bektenov held a meeting of the Economic Demonopolisation Commission. The implementation of the Presidential Decree "On measures to liberalise the economy" was considered.
ePrime Minister Olzhas Bektenov held a meeting of the Board of Directors of National Welfare Fund Samruk-Kazyna JSC. The report of the Chairman of the Board of the Fund Nurlan Zhakupov on production and financial performance was heard.
The operational headquarters on ensuring the country's economic growth chaired by Deputy Prime Minister - Minister of National Economy Serik Zhumangarin reviewed investment projects of the country's major energy and telecommunications operators such as KEGOC, Kazakhtelecom and Samruk-Energo through the prism of their contribution to the gross value added (GVA) of Kazakhstan's economy.
Prime Minister Olzhas Bektenov held a meeting on the implementation of the instructions of the Head of State on the digital transformation of the economy, given at an enlarged Government session in February 2024.
At the regular meeting of the headquarters to ensure economic growth under the chairmanship of Deputy Prime Minister of Kazakhstan - Minister of National Economy Serik Zhumangarin considered opportunities to increase trade volumes, indicators of economic development of Shymkent and Zhambyl region and issues hindering the implementation of investment projects.
