Kazakh PM holds Economic Demonopolisation Commission meeting

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, El.kz cites primeminister.kz.

Deputy Prime Minister - Minister of National Economy Serik Zhumangarin reported on the ongoing work to reduce the share of the state in the economy, increase the contribution of medium-sized businesses to GDP. State participation in the economy is planned to be limited only to socially important and strategic sectors. Chairman of the Agency for Protection and Development of Competition Marat Omarov reported on the measures taken to remove barriers that hinder the development of competition.

Following the results of the meeting, a pool of 475 business entities with state participation to be privatised, merged or liquidated was approved. The work will be built in stages, until 2030, more than half of the enterprises are included in the action plan for 2025-2026.

Prime Minister stressed that the implementation of the Decree should be carried out in due time. The work is under control.

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