BAKU, Azerbaijan, June 11. Kazakhstan has
updated a Comprehensive Plan to increase household incomes through
2029, First Vice Minister of National Economy Azamat Amrin said
during a press briefing.
This is stated by the press service of the Kazakh
government.
“The new plan replaces the program implemented since 2022 and
takes into account both current economic challenges and long-term
goals related to human capital development and improving the
quality of life of Kazakhstan’s population. To strengthen the
achievement of regional targets, local administrations have
developed regional income growth programs,” Amrin said.
He added that since the launch of the income growth program,
Kazakhstan has recorded improvements in key socio-economic
indicators.
“The number of operating small and medium-sized enterprises
increased from 1.8 million to 2.2 million, while employment in the
sector reached 4.5 million people. The share of SMEs in the economy
rose to 40.9% of GDP, the unemployment rate declined to 4.6%, and
the number of employed citizens increased to 912,800,” Amrin
said.
The Comprehensive Plan for 2026–2029 provides for the
implementation of 59 measures across six key areas, he added.
According to him, these include wage growth, inflation reduction
and real income growth, human capital development and employment
expansion, creation of quality jobs, tax and social measures, as
well as debt burden reduction and improvement of the population’s
financial resilience.
