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New economy minister: Kazakhs will feel improvement in welfare this year

Business Materials 26 February 2019 11:33 (UTC +04:00)

Baku, Azerbaijan, Feb. 26

By Rashid Shirinov – Trend:

The Ministry of National Economy of Kazakhstan aims to ensure quality growth of the economy and welfare of citizens, the new Minister of National Economy Ruslan Dalenov said, Trend reports via Kazakh media.

"This is our ultimate goal. For this we have all the tools, there is a unique opportunity, because we will be able to coordinate customs, tax, budget, and investment policies to strengthen and improve the quality of economic growth," he said.

The minister noted that another issue is regional policy.

"Today it is necessary to introduce standards so that the local population gets quality access to water, infrastructure, education, healthcare and so on. We will do it," said Dalenov.

He added that another goal is to strengthen the revenue side of the budget. In this area, work will be done to amend the tax code, reduce the shadow economy, stimulate non-cash turnover, introduce incentives to bring the wage fund out of the shadows, as well as to match strategic planning with the budget so that each tenge from the budget is spent effectively.

"We want people to feel an improvement in welfare due to economic growth. We will ensure economic growth this year, there will be gradual improvements," the minister said.

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