BAKU, Azerbaijan, Jan. 12
The most important sphere in the development of competition is the reduction of the state share in Kazakhstan’s economy, Trend reports on Jan. 12 referring to Chairman of the Agency for Protection and Development of Competition of Kazakhstan Serik Zhumangarin’s message on Facebook.
Zhumangarin added that the law on the development of competition includes a norm on conducting the sectoral analysis of state property to solve this problem.
“The basic criteria for a sectoral approach to the selection of assets to be transferred to a competitive environment will be clear to both society and state agencies,” the chairman of the agency said. “This is the share of small and medium-sized businesses, private investments, the retail trade turnover of private businessmen and others.”
“These indicators will be considered within the administrative boundaries of the facility for privatization,” the chairman of the agency added.
Zhumangarin said that the conditions for the creation and the activity of state and private operators are strictly regulated within the recently adopted law on the development of competition.
“This is a competitive selection, a limited period of activity, price coordination and a ban on non-core activity,” the chairman of the agency said. “We will continue to work to reduce the number of already established operators and the regulated prices for their services.”
Zhumangarin added that the development of competition is a comprehensive economic policy being implemented by all participants in economic processes, the entire economic bloc of state administration, associations of businessmen, and the business community.
"The final costs of the Kazakh commodity producer, the competitiveness of the national economy depend on the level of development of competition in the markets, which determine the economic efficiency of the country," the chairman of the agency said.