President Kasym-Zhomart Tokayev instructed the government to completely rebuild the work of the Bank of Kazakhstan’s Development Bank (BRK), because he currently does not do the objectives for which it was created. Speaking at the lower chamber of the Republican Parliament, the head of state stated that the structure turned into a “personal bank for a chosen circle of persons,” reports TASS.
who exactly he blames, Tokayev did not specify, but noticed that he knew them in his post. These people emphasized the President of the Republic, represent financial and industrial and building groups. They receive special conditions for their projects due to access to high offices, thereby holding back the development of small and medium-sized businesses.
In general, the system of state support in the country, the president described with the words “Friends – everything, the rest – by law.” In his opinion, in the current form of power to help only large structures, which enhances the oligopoly in the economy. As a result, large enterprises use privileges, suppress competition and do not allow reforms.
Against this background, the problem of social inequality is exacerbated in the republic, despite the fact that the average income is growing. Although Tokayev did not exclude that growth occurs only on paper. He also recalled that the level of state support of the regions often depends not on their real needs, but from the “weight” of the local akim (head of the local government).
Kasym-Zhomart Tokayev is headed by Kazakhstan since March 2019. Initially, he was in the status of an acting, and since June of the same year he entered office on the results of the presidential election. His predecessor Nursultan Nazarbayev retained the post of Chairman of the Security Council and continued to be considered the most influential figure in the country.
At the beginning of the year, the protests against a two-time increase in gas prices broke out in Kazakhstan. In a few days, the claims acquired a political character, first of all they concerned the departure from the power of Nazarbayev. The former president has never been shown in public from that moment and did not comment on what is happening, the data on its location will differ. Tokayev dismissed him from the post of head of the Sat, and also dismissed the government and a number of influential persons who were considered by the defense of Nazarbayev.