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Kazakhstan President Nursultan Nazarbayev. ©REUTERS
President Nazarbayev urges to exempt newly established small and middle-sized businesses from checks and audits

Tengrinews.kz reported earlier that in the H1 2011 the number of S&MBs; grew by 8%, exceeding 600 000.

President Nazarbayev urges to exempt newly established small and middle-sized businesses from checks and audits
Nursultan Nazarbayev. ©tengrinews.kz
Kazakhstan to adopt a legislation to fence itself off religious extremism: President Nazarbayev

According to the President, during the current session the Parliament is to consider draft legislation regulating operations of religious institutions.

Kazakhstan to adopt a legislation to fence itself off religious extremism: President Nazarbayev
Photo courtesy of kursiv.kz
People’s IPO calls for legislation amendments

To facilitate the IPO Program, some laws should be amended, notably on subsurface use, railways transport, on power industry, on state-run property, on Samruk-Kazyna Sovereign Wealth Fund and some others: Economy Minister.

People’s IPO calls for legislation amendments
RIA Novosti©
Senate passes draft law to regulate production and sales of petroleum products

The draft law seeks to set fixed prices for certain types of petroleum products of importance to socially vulnerable groups of population.

Senate passes draft law to regulate production and sales of petroleum products
Bolat Zhamishev. By Serik Turlybekov ©
Islamic securities of interest to private companies: Kazakhstan’s Finance Minister Bolat Zhamishev

The Minister informed that respective amendments [enabling to issue Islamic securities in Kazakhstan] will be adopted within a month.

Islamic securities of interest to private companies: Kazakhstan’s Finance Minister Bolat Zhamishev
Photo courtesy of mirsovetov2.ru
Legislation liberalization will help Kazakh business

Almaty Entrepreneurs Association Viktor Yambayev calls the government to liberalize business environment, lower taxes, clarify legislations.

Legislation liberalization will help Kazakh business
Photo courtesy of nnm.ru
Kazakhstan to humanize its penal code

For certain types of economic crimes, greater fines will be introduced as an alternative to deprivation of freedom.

Kazakhstan to humanize its penal code