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Massimov signed joint statement of government and National Bank

01 march 2012, 12:13
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Photo by Yaroslav Radlovskiy©
Photo by Yaroslav Radlovskiy©
Kazakhstan Prime-Minister Karim Massimov signed a joint statement of Kazakhstan government and the National Bank on the economic policy in 2012, Tengrinews.kz reports.

The government states that the main directions of the economic policy in 2012 will be:
- provision of macroeconomic stability and ensuring sustainable economic growth at the planned level;
- increasing competitiveness of the human capital and observance of the social obligations;
- further development of the regional policy;
- continuing integration processes under the Common Economic Space;
- modernization of the state management system.

Macroeconomic sustainability will be ensured by coordinated monetary-credit and taxation-budget policies and retaining inflation level within the planned corridor of 6-8 percent. Taxation-budget policy will be aimed at effective implementation of the state policy measures and ensuring balanced economic growth.

The government plans to carry on its counter-cyclic budget policies.

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