Kazakhstan endorses 2025 National Development Plan

Kazakhstan endorses 2025 National Development Plan

Nur-Sultan (UNA-OIC) – Kazakhstan announced Tuesday the adoption of the National Development Plan until 2025, keeping with the Presidential Order in this regard.

The National Development Plan until 2025 lays out the key objectives and parameters of Kazakhstan’s new economic course. It also provides a strategic vision for developing the key sectors, guidance on improving the key policies aimed at mitigating the implications caused by the corona crisis and ensuring sustainable, inclusive, and quality development of the economy in the new economic reality and current global trends.

The plan further provides a framework for fundamental institutional and sectorial reforms focused on increasing the standards of living and wellbeing of the people. It includes a detailed map of specific strategic indicators for the implementation of which new concrete measures to form a new structure of the economy by enhancing self-sufficiency, diversification, targeted investment attraction, active export promotion, private entrepreneurship support and comprehensive development will be adopted.

Under this plan, special attention is to be given to improving health and educational services, infrastructure development, productive employment and greater social well-being of the people.

Kazakh Kassym-Jomart Tokayev has also signed the order on the national priorities of Kazakhstan until 2025 – a new State planning system tool. The national priorities include 10 concrete tasks in the three key areas: the well-being of the citizens, quality of institutions, and building a strong economy.

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