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Kazakhstan to share experience in poverty eradication internationally: Nazarbayev

28 may 2014, 19:27
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Photo © Turar Kazangapov
Photo © Turar Kazangapov

Kazakhstan’s president Nursultan Nazarbayev proposed to create a poverty eradication roadmap in the countries of Asia and Africa. Tengrinews reports that this idea was pronounced at the VII Astana Economic Forum.

Nazarbayev addressed the participants of the economic forum with the message that everyone should focus on the main goal – inequality reduction and poverty eradication. “Everyone should avoid the artificial contrasting of countries and regions that use the rhetoric of conflict. Kazakhstan has always followed the principle - economy above all," Nazarbayev said.

This is why the president considers that attention to the poor, availability of microcredits, especially to the women, youth employment are among the most important societal goals.

“It is impossible to live in harmony and prosperity, when there are serious problems in the world, especially in neighboring countries,” Nazarbayev said while offering two directions in which this problem can be solved. First, is to maximize the potential of economic development and prevent new significant economic shocks. Second, is to develop a “poverty eradication roadmap”.

“We need to create a “poverty eradication roadmap”, which would provide extensive tools for the development of human capital in the poorest countries of Asia and Africa. It is important to depoliticize economic relations,” Nazarbayev said while remarking that he had met a group of Nobel laureates, one of whom declared that the banks nowadays served the rich countries.

As a gesture of good will in regional cooperation, Nazarbayev proposed offering scholarships to study at the Nazarbayev University to talented foreigners.

"We have succeeded in reducing the poverty level by almost 13 times in a phenomenally short period of time. Also we have managed to prevent significant stratification of society in terms of income. Today we are ready to share our experience with the countries of the region. In particularly, to provide special grants and programs for talented young people from Central Asia and other countries to study at the Nazarbayev University," Nazarbayev said at the forum.

Astana Economic Forum has become a major international forum since 2008, bringing annually a number of global leaders, experts and representatives of the business community to find solutions to combat major economic and social challenges of our time. This year's forum was attended by 10,000 people from 150 countries.

International efforts to fight global inequality seem increasingly important in the age when global inequality widens and “almost half of the world’s wealth is now owned by just one percent of the population”, Oxfam report suggests.

By Dinara Urazova


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