Kazakh PM Chairs Cabinet Meeting
OREANDA-NEWS. November 18, 2014. A regular cabinet meeting under the chairmanship of Prime Minister Karim Massimov has been held in Ukimet Uiy.
To implement the President's Address to the Nation "Nurly Zhol – the path to the future," the Government considered and approved amendments to the forecast of socio-economic development for 2015-2019, as well as parameters of the national budget for 2015-2017.
Draft National Plan for implementation of the President's Address to the Nation "Nurly Zhol – the path to the future" was presented by the Minister of National Economy Yerbolat Dossayev.
"Draft National Plan aims to implement the new economic policy" Nurly Zhol" and consists of 25 activities in the following areas. First, development and introduction of relevant decisions for the President’s signature on allocation of the second tranche for USD 500 billion from the National Fund, as well as USD 3 billion annually for 2015-2017. In addition, appropriate changes in the draft budget for the purpose of allocating earmarked transfers from the National Fund are being considered," Y. Dossayev said.
Second, development of the state program of infrastructural development on 2015-2019 in the framework of the New Economic Policy "Nurly Zhol". The President’s Address voiced seven key directions of the future program, which will also be reflected in national plans as separate events with the end result.
The third area is working with international financial institutions. In accordance with the Address of the President, the National Plan included measures to attract lines of credit for SMEs development, as well as co-financing of projects for modernization of heating and water supply at the regional level.
In addition, the National Plan separately reflects the following activities carried out at the expense of funds allocated under the second tranche of the National Fund: Additional capitalization fund of troubled loans, construction of facilities for EXPO 2017, construction of new terminal and reconstruction of Astana airport’s runway.
"The National Plan covers all the regulations of the Address and shall serve as the basis of the New Economic Policy "Nurly Zhol", Y. Dossayev concluded.
Submitted draft National Plan was approved by the Government.
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