The Government Says It Has A Plan To Raise Kazakhstanis’ Incomes

Kazakhstan’s government has developed a program to improve public welfare and plans to present it as early as May, Orda.kz reports.

Deputy Prime Minister and Minister of National Economy Serik Zhumangarin announced the plan on the sidelines of the Majilis. He said the program’s main focus would be creating stable jobs.

The main thing, and it will always be the main thing, is creating solid, reliable jobs. There is no other tool here. Everything else will depend in one way or another on the state’s current financial well-being. I mean state payments, social payments, pension payments, and so on. They will always depend on the state’s financial position,Zhumangarin said, answering a question about how the authorities plan to raise public incomes.

According to the deputy prime minister, of the two trillion tenge the state expects to receive through tax reform, one trillion tenge has been allocated to the Baiterek national holding to finance new enterprises and create jobs.

The remaining funds, he said, will be directed toward village development.

By the way, real wages in villages are one of the few areas where they actually rose this year. There are sectors where wages have fallen — the financial sector and construction, for example — but wages have risen in villages. That is why this is a very good indicator,he added.

Original author: Ilya Astakhov

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