Jakarta (ANTARA) – On September 1, 2023, President Kassym-Jomart Tokayev outlined a vision for a new Kazakhstan in his state-of-the-nation address, aptly titled “Economic Course of a Just Kazakhstan.”The event marked a milestone in the journey towards a more prosperous, just, and democratic Kazakhstan. In his landmark speech, President Tokayev delved into a multitude of pressing topics from economic transformation to fostering a responsible citizenry. The focus of the president’s address was chiefly on economic reforms. Key among these reforms is building a strong industrial framework and ensuring economic self-sufficiency. The government has set a challenging yet attainable target of six to seven percent economic growth to double the national economy by 2029. The president reaffirmed his commitment to bolstering governance and implementing political reforms. The government has struck an optimal balance among the branches of governance, ensuring a model of a presidential republic with an influential parliament. These measures facilitate broader civic participation in governance a cornerstone of a robust democracy. The president also addressed core issues affecting everyday lives. Salary hikes for teachers and doctors and the development of rural health care facilities signify an investment in the country’s human capital. Reforms in the small and medium enterprises (SMEs) sector aim to consolidate small businesses and speed up the processes of privatization and public IPOs. The government is tasked with demonopolizing key markets and accelerating public IPOs for state-run companies, including Air Astana and QazaqGaz, to foster competition and innovation.

Source: Antara News Agency