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  • Kazakh President met with newly appointed Finance Minister
20 May, 2020 17:28

Kazakh President met with newly appointed Finance Minister

The President of Kazakhstan has received Minister of Finance Yerulan Zhamaubayev, Strategy2050.kz reports citing Akorda’s press service.

Kazakh President met with newly appointed Finance Minister | Strategy2050.kz

Kassym-Jomart Tokayev heard Yerulan Zhamaubayev’s report on the main directions of the Ministry of Finance activities.

In particular, the Minister reported to the President on the execution and planning of the national budget, public procurement and treasury services, state audits, state assets, tax and customs administration, as well as activities to identify financial irregularities.

The Head of State pointed out the need for quality work to counter the shadow economy, increase tax collection, streamline budget procedures, improve the quality of public services, and comply with debt restrictions.

In conclusion, Kassym-Jomart Tokayev gave a number of specific instructions on tax and customs administration, improving legislation in the sphere of public procurement and the budget process.

chronicle 2050

SMEs will make up at least 50% of the GDP

abour productivity will reach up to $126 000 and 3 to 6 y.o. kids will have 100% access to pre-school education in Kazakhstan.

Kazakhstan will fully satisfy its own market of POL in compliance with the new environmental standards

The share of non-primary exports in total exports will double and triple by 2040

Transition to Latin graphics will commence

95% of the population will speak Kazakh

15% of the area under cultivation will make use of water-saving technologies.

The issue of providing water for irrigation will be resolve

GDP per capita will stand at $60 000

The urban population will represent 70% of the total population in Kazakhstan