Astana, December 21, 2024 – The Europe Today: Prime Minister Olzhas Bektenov formally introduced Serik Zhumangarin as the new Minister of National Economy during a meeting with ministry staff, media outlets reported. The Prime Minister expressed gratitude to the outgoing minister, Nurlan Baibazarov, for his contributions and extended well wishes for his future endeavors.
In his address, Prime Minister Bektenov outlined the key priorities for the ministry under Zhumangarin’s leadership. He emphasized the importance of implementing President Kassym-Jomart Tokayev’s directives to ensure robust economic growth and undertake significant structural reforms in the economy.
The Prime Minister highlighted the necessity of improving the effectiveness of budget and tax policies and enhancing the precision of budget forecasting. Additionally, he tasked the ministry with adopting a balanced approach to business support and tariff regulation, focusing on stimulating economic growth in priority sectors.
“The Ministry of National Economy must ensure dynamic progress and demonstrate effective policy-making to address the nation’s strategic goals,” Bektenov remarked.
This leadership transition follows a decree by President Tokayev relieving Nurlan Baibazarov of his role as Deputy Prime Minister and Minister of National Economy and appointing Serik Zhumangarin to the position.
Nurlan Baibazarov served as Minister of National Economy during a critical period, overseeing several key initiatives. His successor, Serik Zhumangarin, is expected to bring renewed focus to advancing economic reforms and fostering growth in alignment with the President’s vision for the country’s development.
The new leadership at the Ministry of National Economy marks a significant step in Kazakhstan’s efforts to achieve sustainable and inclusive economic progress.
