Kazakhstan President Urges Economic Reforms for Growth
In a recent address at the Astana Think Tank Forum, President Kassym-Jomart Tokayev emphasized the importance of ongoing reforms in maintaining internal stability and driving economic growth in Kazakhstan. He highlighted the country’s success in attracting $400 billion in foreign direct investment and announced a new investment cycle aimed at attracting an additional $150 billion by 2029.
President Tokayev stressed the government’s commitment to creating a favorable investment climate and ensuring comprehensive state support for investors. To streamline investment processes, an Investment Council with broad authority has been established to oversee strategic investment projects. The president believes this council will play a pivotal role in maintaining an efficient and transparent investment landscape.
The president’s speech reflects Kazakhstan’s dedication to fostering a robust economy through strategic investments and economic reforms. With a focus on attracting more foreign investment and creating a favorable business environment, Kazakhstan aims to continue its economic growth trajectory in the coming years.