The Government of Kazakhstan considered measures to promote competition in the country, primeminister.kz website reports. In order to consolidate the principles of the Yellow Pages Rule, the Comprehensive Plan for Privatization for 2016-2020 was approved, which originally included 734 objects subject to privatization. In 2016-2017, in fact, 367 objects (amounting to KZT 164 billion) were transferred to the competitive environment from the 902 objects envisaged by the Comprehensive Privatization Plan.
According to Timur Suleimenov, Minister of National Economy, in November 2017, as part of the actualization of the List of Activities, the Ministry sent proposals to the Government on the exclusion of 65 types of activities following the analysis of commodity markets. The measures taken to reduce the state's participation in entrepreneurial activities will be continued, within the framework of the implementation of the Address of the Head of State to the people of Kazakhstan on January 10, 2018, "New Opportunities Under the Fourth Industrial Revolution."
"At present, the Ministry has established a working group to determine the list of state institutions and subjects of the quasi-public sector for transfer to the competitive environment or liquidation, as well as their consolidation. Information on the results of the work of the group will be submitted to the Government in three stages: in April, May and June 2018," Timur Suleimenov added.
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