Sagintayev: Presidential initiative of scaled business support became the key motive of the economy’s growth

6 August, 2014 11:41

Speaking at the enlarged Government’s meeting under the chairmanship of the Head of State, first deputy Prime Minister Bakhytzhan Saginatyev has announced that initiative of Nursultan Nazarbayev on business support became the key impetus of the economy growth.

The Government has corrected strategic program documents and developed a number of new public and branch programs. Roadmap priority measures of socio-economic policy for 2014, where the main emphasis is on creating the conditions for economic growth adopted against the backdrop of slowing global economic growth and deepening geopolitical risks," he added

At the same time, B.Sagintayev stressed that the main impetus for economic growth has been the initiative of the President, who has allocated 1 trillion tenge from the National Fund for the support of large-scale business.

Besides, according to the First Deputy Prime Minister, framework agreements On institutional financial support for priority development programs in the amount of 7 billion dollars were signed with four international organizations: the World Bank, the European Bank for Reconstruction and Development, the Asian and Islamic Development Bank, with the purpose of transparent usage of the National Fund’s financial resources, the speaker resumed.

Indira Kaumetova

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