Strategic plan for Kazakhstan development until 2025 approved

Strategic plan for Kazakhstan development until 2025 approved

The government of Kazakhstan has approved the strategic plan for Kazakhstan's development until 2025, the country's Minister of National Economy Timur Suleimenov said.

The strategic plan for the development of Kazakhstan until 2025 should help to make a qualitative change in the country's economy.

Presenting the document, the minister noted that the Strategic Development Plan until 2025 replaces the Development Plan until 2020, as its main tasks were achieved.

The main goal of the new document is to achieve a qualitative and sustainable growth of the economy leading to an improvement in the living standards of people comparable with the OECD countries, the website of the Kazakh government says.

The document envisages implementation of seven reforms aimed at developing human capital, increasing the productivity of existing sectors of the economy, reducing the role of the state in the economy and barriers to doing business, creating a favorable investment and business climate, increasing the country's GDP through economic growth of regions, establishing a united nation of strong and responsible people, as well as increasing the role of central state and local executive bodies as initiators and agents of changes in the country.